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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
24,648.28 SEK
Exchange Rate
as of July 04, 2025 at 5:37 PM
1 ETH =
24,648.28 SEK
Market analysis of ETH to SEK currency exchange rates
Analysis as of April 2025
As of July 3, 2025, the exchange rate between Ethereum (ETH) and the Swedish Krona (SEK) stands at approximately 24,598.86 SEK per 1 ETH, reflecting a 7.19% increase over the past 24 hours. (bybit.com) This recent uptick is part of a broader trend observed over the past few months, characterized by notable fluctuations influenced by various market dynamics.
Recent Performance and Trends
Over the past week, Ethereum has appreciated by approximately 6.55% against the Swedish Krona. (bybit.com) This positive momentum contrasts with the previous month's performance, where ETH experienced a slight increase of 0.57% against SEK. (bybit.com) These fluctuations underscore the inherent volatility in cryptocurrency markets, influenced by factors such as investor sentiment, technological developments, and macroeconomic indicators.
Historical Context
Ethereum reached its all-time high against the Swedish Krona at approximately 44,732.00 SEK. (bybit.com) Since then, the value has experienced significant corrections, reflecting broader market trends and the evolving landscape of digital assets.
Market Capitalization and Supply
Ethereum's current market capitalization is approximately 2.95 trillion SEK, with a circulating supply of around 120.72 million ETH. (bybit.com) These figures highlight Ethereum's substantial presence in the cryptocurrency market and its role as a leading digital asset.
Factors Influencing ETH/SEK Exchange Rate
Several factors contribute to the fluctuations in the ETH/SEK exchange rate:
Global Cryptocurrency Market Trends: The overall performance of the cryptocurrency market significantly impacts individual assets like Ethereum.
Technological Developments: Upgrades and innovations within the Ethereum network can influence investor confidence and, consequently, its value.
Regulatory Environment: Changes in regulations, both in Sweden and globally, can affect the adoption and valuation of cryptocurrencies.
Macroeconomic Indicators: Economic factors such as inflation rates, interest rates, and economic growth in Sweden can impact the SEK's strength, thereby affecting the ETH/SEK exchange rate.
Conclusion
The ETH/SEK exchange rate has exhibited notable volatility over the past few months, influenced by a combination of market dynamics, technological advancements, and macroeconomic factors. Investors and stakeholders should remain vigilant, staying informed about ongoing developments within the Ethereum network and the broader economic environment to make well-informed decisions.