Exchange Rate Calculator

The exchange rate between the New Zealand Dollar (NZD) and the Swedish Krona (SEK) has experienced notable fluctuations over the past few months. This report provides an analysis of the recent trends, technical indicators, and forecasts to offer a comprehensive understanding of the NZD/SEK currency pair.

Recent Exchange Rate Trends

In the first half of 2025, the NZD/SEK exchange rate exhibited significant volatility. The highest rate recorded was 6.2905 SEK per NZD on January 13, 2025, while the lowest was 5.5215 SEK per NZD on April 8, 2025. This represents a decline of approximately 12.2% from the peak to the trough within this period. The average exchange rate during this timeframe was 5.9027 SEK per NZD. (exchange-rates.org)

Following the April low, the NZD/SEK rate showed a recovery trend. By June 26, 2025, the exchange rate had risen to 5.7376 SEK per NZD, indicating a modest appreciation from the April low. (investing.com)

Technical Analysis

As of late June 2025, technical indicators suggest a cautious outlook for the NZD/SEK pair. The Relative Strength Index (RSI) stood at 53.6, indicating a neutral to slightly bullish sentiment. The Average True Range (ATR) of 0.0561 points to moderate volatility, suggesting potential price fluctuations within the predicted range. The Average Directional Index (ADX) at 12.1 reflects a weak trend, implying that significant directional moves are unlikely in the short term. The Moving Average Convergence Divergence (MACD) line being above the signal line supports a bullish outlook, albeit with caution due to the weak ADX. The pivot point at 5.77 SEK is crucial; trading above it could confirm bullish sentiment. (fxleaders.com)

Forecasts and Predictions

Various financial analysts and institutions have provided forecasts for the NZD/SEK exchange rate:

• Short-Term Forecasts: Predictions for the next month suggest a slight increase in the exchange rate. For instance, one forecast anticipates the rate to reach 5.80 SEK per NZD, representing a 0.84% increase from the current rate. (coincodex.com)

• Medium-Term Forecasts: By September 2025, the exchange rate is expected to rise to 5.78 SEK per NZD, with further increases to 5.88 by December 2025 and 5.93 by June 2026. (exchangerates.org.uk)

• Long-Term Forecasts: Some projections indicate a potential decline in the exchange rate over the next five years, with estimates suggesting a rate of 5.21 SEK per NZD by 2030, representing a decrease of approximately 9.43% from current levels. (coincodex.com)

Factors Influencing the Exchange Rate

Several factors contribute to the fluctuations in the NZD/SEK exchange rate:

• Economic Indicators: Key metrics such as GDP growth, inflation rates, and employment figures in both New Zealand and Sweden can significantly impact the exchange rate.

• Central Bank Policies: Decisions by the Reserve Bank of New Zealand and the Sveriges Riksbank regarding interest rates and monetary policies influence investor sentiment and currency valuations.

• Global Economic Conditions: International trade dynamics, commodity prices (notably dairy products for New Zealand), and geopolitical events can affect the demand and supply for both currencies.

• Market Sentiment: Investor perceptions and risk appetite play a crucial role in currency movements, especially in times of economic uncertainty.

Conclusion

The NZD/SEK exchange rate has experienced notable volatility in the first half of 2025, with a significant decline followed by a modest recovery. Technical indicators suggest a cautious outlook, with potential for slight upward movement in the short term. Forecasts vary, with some predicting gradual appreciation and others anticipating a long-term decline. Investors should consider a range of economic indicators, central bank policies, and global economic conditions when evaluating the NZD/SEK currency pair.