Tools / Exchange Rate Calculator
Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
23,430.00 SEK
Exchange Rate
as of June 22, 2025 at 4:57 AM
1 ETH =
23,430.00 SEK
Market analysis of ETH to SEK currency exchange rates
Analysis as of April 2025
As of June 3, 2025, Ethereum (ETH) is trading at approximately 2,610.55 USD. The exchange rate between Ethereum and the Swedish Krona (SEK) has experienced notable fluctuations over the past few months, reflecting broader trends in the cryptocurrency market and economic factors influencing both assets.
Recent Performance of ETH/SEK
In the past 24 hours, Ethereum's price has decreased by approximately 2.64%, with a trading range between kr19,756.70 and kr20,935.90. (binance.com) Over the past week, ETH has seen a modest increase of 6.55%. However, looking at a broader timeframe, the cryptocurrency has experienced a significant decline of 24.99% over the past 30 days and 42.07% over the past 60 days. (binance.com)
Historical Context
Ethereum reached its all-time high of kr49,504.05 on November 16, 2021. (binance.com) Since then, the price has been on a downward trend, influenced by various market dynamics, including regulatory developments, technological advancements, and macroeconomic factors.
Factors Influencing ETH/SEK Exchange Rate
Several factors have contributed to the recent volatility in the ETH/SEK exchange rate:
Global Cryptocurrency Market Trends: The overall sentiment in the cryptocurrency market has been bearish, with many digital assets experiencing declines.
Regulatory Developments: Changes in cryptocurrency regulations, both globally and within Sweden, can impact investor confidence and market dynamics.
Technological Updates: Ethereum's ongoing upgrades, such as the transition to Ethereum 2.0, can influence its price as investors react to technological advancements and potential improvements in scalability and security.
Macroeconomic Factors: Economic indicators, inflation rates, and monetary policies in both the United States and Sweden can affect the exchange rate between ETH and SEK.
Conclusion
The ETH/SEK exchange rate has exhibited significant volatility in recent months, influenced by a combination of market trends, regulatory changes, technological developments, and macroeconomic factors. Investors should remain vigilant and consider these variables when making decisions related to Ethereum and its exchange rate with the Swedish Krona.