Exchange Rate Calculator

The exchange rate between the Swedish Krona (SEK) and the Australian Dollar (AUD) has experienced notable fluctuations over the past several months. Understanding these movements requires an examination of historical data, technical indicators, and economic factors influencing both currencies.

Historical Performance

Over the six-month period from September 23, 2024, to March 20, 2025, the SEK/AUD exchange rate exhibited significant variability. The highest recorded rate was 0.1586 AUD per SEK on March 11, 2025, while the lowest was 0.1389 AUD per SEK on November 21, 2024. The average exchange rate during this timeframe was approximately 0.1450 AUD per SEK. This data indicates a general upward trend in the value of the Swedish Krona relative to the Australian Dollar, with a 9.25% increase over the six months. (exchange-rates.org)

Technical Analysis

As of March 27, 2025, technical indicators for the SEK/AUD currency pair suggested a strong buy signal. The Relative Strength Index (RSI) stood at 59.317, indicating bullish momentum without reaching overbought conditions. Moving averages further supported this sentiment, with the 50-day Simple Moving Average (SMA) at 0.1454 and the 200-day SMA at 0.1449, both below the current exchange rate, reinforcing the upward trend. (investing.com)

Economic Indicators and Influences

Several economic factors have contributed to the observed exchange rate movements:

• Swedish Economic Performance: Sweden's economy demonstrated resilience with steady GDP growth and controlled inflation rates. The Riksbank's monetary policies, including interest rate adjustments, have played a role in strengthening the Krona.

• Australian Economic Conditions: Australia faced economic challenges, including fluctuating commodity prices and trade uncertainties, which impacted the Australian Dollar's performance. The Reserve Bank of Australia's monetary policy decisions, particularly regarding interest rates, have also influenced the AUD's value.

• Global Market Sentiment: Investor risk appetite and global economic developments have affected both currencies. Periods of risk aversion often lead to a stronger Krona, while risk-on sentiments can bolster the Australian Dollar.

Forecasts and Outlook

Looking ahead, forecasts for the SEK/AUD exchange rate present mixed expectations. Some analyses predict a decline, with the rate potentially reaching 0.1386 AUD per SEK in three months, representing a 12.56% decrease from the current rate. (exchangerates.org.uk) Conversely, other projections anticipate an increase, suggesting the rate could rise to 0.17134 AUD per SEK within the next month, indicating a 10.47% appreciation. (coincodex.com)

Conclusion

The SEK/AUD exchange rate has shown an upward trend over the past six months, influenced by economic performances in Sweden and Australia, as well as global market dynamics. Technical indicators currently suggest a bullish outlook for the Swedish Krona against the Australian Dollar. However, forecasts vary, reflecting the inherent uncertainties in currency markets. Investors and stakeholders should monitor ongoing economic developments and central bank policies in both countries to make informed decisions regarding this currency pair.