Exchange Rate Calculator

The exchange rate between the Swedish Krona (SEK) and the Brazilian Real (BRL) has exhibited notable fluctuations over the past few months, reflecting the dynamic interplay of economic factors influencing both currencies. This report provides an analysis of the SEK/BRL exchange rate trends from late 2024 through early 2025, highlighting key movements and underlying economic drivers.

Exchange Rate Trends from Late 2024 to Early 2025

In late 2024, the SEK/BRL exchange rate experienced significant volatility. On December 25, 2024, the rate peaked at 0.6039 BRL per SEK, marking the highest point for that year. This peak was part of an upward trend observed throughout 2024, during which the SEK appreciated by approximately 16.93% against the BRL.

Entering 2025, the exchange rate began to decline. By January 1, 2025, the rate stood at 0.5699 BRL per SEK. The downward trend continued, reaching a low of 0.5245 BRL per SEK on February 3, 2025. The average exchange rate for this period was 0.5398 BRL per SEK, indicating a depreciation of the SEK relative to the BRL.

In March 2025, the SEK/BRL exchange rate exhibited a recovery. On March 21, 2025, the rate was recorded at 0.5605 BRL per SEK, reflecting a 4.51% increase from the February low. This rebound suggests a partial reversal of the earlier depreciation.

Economic Factors Influencing the Exchange Rate

Several economic factors have contributed to the observed fluctuations in the SEK/BRL exchange rate:

1. Monetary Policies: The monetary policies of Sweden and Brazil have played a significant role in influencing their respective currencies. Adjustments in interest rates by the central banks can attract or deter foreign investment, impacting currency demand and exchange rates.

2. Economic Performance: The relative economic performance of Sweden and Brazil affects investor confidence and currency valuation. Strong economic indicators in one country can lead to currency appreciation, while weaker indicators can result in depreciation.

3. Global Market Sentiment: Global economic events and market sentiment influence currency exchange rates. Factors such as commodity prices, trade balances, and geopolitical developments can cause investors to shift their preferences between currencies, affecting their relative values.

Conclusion

The SEK/BRL exchange rate has experienced notable fluctuations from late 2024 through early 2025, characterized by a peak in December 2024, a subsequent decline in early 2025, and a partial recovery by March 2025. These movements reflect the complex interplay of monetary policies, economic performance, and global market sentiment affecting both Sweden and Brazil. Understanding these factors is crucial for stakeholders engaged in trade, investment, and financial planning involving these currencies.