Exchange Rate Calculator

The exchange rate between the Japanese Yen (JPY) and the Swedish Krona (SEK) has experienced notable fluctuations over the past several months. This report provides an analysis of the JPY/SEK exchange rate, examining historical trends, technical indicators, and future forecasts to offer a comprehensive understanding of the currency pair's performance.

Historical Performance

Over the six-month period from September 19, 2024, to March 18, 2025, the JPY/SEK exchange rate exhibited significant volatility. The highest recorded rate was 0.07353 SEK per JPY on December 3, 2024, while the lowest was 0.06728 SEK per JPY on March 18, 2025. The average exchange rate during this period was approximately 0.07061 SEK per JPY. This indicates a depreciation of the Japanese Yen against the Swedish Krona by approximately 5.57% over the six months. (exchange-rates.org)

Recent Trends

In the first quarter of 2025, the JPY/SEK exchange rate continued to show variability. On February 7, 2025, the rate peaked at 0.07228 SEK per JPY, followed by a decline to 0.06851 SEK per JPY on March 5, 2025. The average exchange rate for this period was 0.07090 SEK per JPY, reflecting a downward trend in the value of the Yen relative to the Krona. (exchange-rates.org)

Technical Analysis

As of March 8, 2025, technical indicators suggested a bearish sentiment for the JPY/SEK currency pair. The 14-day Relative Strength Index (RSI) stood at 26.62, indicating oversold conditions. Additionally, the exchange rate was below both the 50-day and 200-day Simple Moving Averages (SMA), positioned at 0.07103 and 0.070906 SEK per JPY, respectively. This alignment of indicators pointed towards a potential continuation of the downward trend. (coincodex.com)

Forecasts and Outlook

Projections for the JPY/SEK exchange rate in 2025 suggest continued fluctuations. In the short term, the rate was expected to decrease by 0.08% within 24 hours as of March 8, 2025. Over the next month, a slight decline to 0.0708 SEK per JPY was anticipated, representing a 0.28% decrease from the rate at that time. (exchangerates.org.uk)

Looking further ahead, forecasts indicated a potential increase to 0.0733 SEK per JPY in four months (Q2 2025), followed by a decrease to 0.0677 SEK per JPY in seven months (Q3 2025). By the end of 2025, the exchange rate was projected to reach 0.0851 SEK per JPY, marking a 19.86% increase from the rate in March 2025. (exchangerates.org.uk)

Factors Influencing the Exchange Rate

Several factors have contributed to the observed trends in the JPY/SEK exchange rate:

• Economic Indicators: Disparities in GDP growth, inflation rates, and interest rates between Japan and Sweden can influence currency valuations. For instance, if Sweden's economy grows at a faster pace than Japan's, the Krona may strengthen against the Yen.

• Monetary Policies: Decisions by the Bank of Japan and the Sveriges Riksbank regarding interest rates and quantitative easing measures can impact the exchange rate. Divergent monetary policies may lead to capital flows that favor one currency over the other.

• Global Market Sentiment: As a safe-haven currency, the Japanese Yen often appreciates during periods of global economic uncertainty. Conversely, during times of economic stability and growth, investors may seek higher-yielding assets, leading to a depreciation of the Yen relative to other currencies, including the Krona.

• Trade Balances: The trade relationship between Japan and Sweden, including the balance of imports and exports, can affect currency demand and supply, thereby influencing the exchange rate.

Conclusion

The JPY/SEK exchange rate has demonstrated considerable volatility over the past several months, influenced by a combination of economic indicators, monetary policies, and global market sentiment. While short-term forecasts suggest a slight depreciation of the Yen against the Krona, longer-term projections indicate potential appreciation by the end of 2025. Investors and stakeholders should closely monitor economic developments and policy decisions in both Japan and Sweden, as these factors will continue to play a critical role in shaping the exchange rate dynamics between the two currencies.