Exchange Rate Calculator

Over the past several months, the exchange rate between the Swedish Krona (SEK) and the Swiss Franc (CHF) has exhibited notable fluctuations, reflecting underlying economic dynamics and market sentiments. This report provides an analysis of the recent trends, factors influencing these movements, and the outlook for the SEK/CHF currency pair.

Recent Exchange Rate Trends

As of June 3, 2025, the SEK/CHF exchange rate stands at approximately 0.08797, indicating that one Swedish Krona is equivalent to 0.08797 Swiss Francs. (wise.com) This represents a significant appreciation of the SEK against the CHF compared to earlier in the year.

In January 2025, the exchange rate was around 0.08160, marking the lowest point for the year. (exchange-rates.org) The rate then experienced a steady increase, reaching a peak of 0.08738 on March 5, 2025. This upward trend indicates a strengthening of the Swedish Krona relative to the Swiss Franc over the first quarter of 2025.

Factors Influencing the Exchange Rate Movements

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

1. Interest Rate Differentials: The monetary policies of the Swedish Riksbank and the Swiss National Bank (SNB) play a crucial role in currency valuation. If the Riksbank raises interest rates more aggressively than the SNB, it could attract foreign capital seeking higher returns, thereby strengthening the SEK.

2. Economic Performance: Sweden's economic indicators, such as GDP growth and employment rates, have shown resilience, bolstering investor confidence in the SEK. Conversely, Switzerland's economy, while stable, has faced challenges due to global trade tensions and a strong CHF impacting exports.

3. Market Sentiment and Risk Appetite: The Swiss Franc is traditionally viewed as a safe-haven currency. Periods of global uncertainty often lead to CHF appreciation. However, as global markets stabilized in early 2025, investors shifted towards higher-yielding assets, benefiting currencies like the SEK.

4. Commodity Prices: Sweden's economy is partially reliant on commodity exports. Rising commodity prices in early 2025 improved Sweden's trade balance, positively influencing the SEK.

Technical Analysis

Technical indicators as of March 21, 2025, suggest a bullish outlook for the SEK/CHF pair. The Relative Strength Index (RSI) stood at 48.85, indicating neutral momentum. However, the Stochastic Oscillator at 55.857 and the Commodity Channel Index (CCI) at 92.2101 both signaled buying pressure. Moving averages also supported a buy signal, with the 5-day and 10-day simple moving averages above the 20-day moving average. (investing.com)

Forecast and Outlook

Looking ahead, forecasts suggest a potential depreciation of the SEK against the CHF. In three months, the SEK/CHF exchange rate is projected to decline to 0.0815, approximately 6.21% lower than the current rate. In six months, the rate is expected to be around 0.0829, indicating a 4.6% decrease. (exchangerates.org.uk)

These projections are based on anticipated shifts in monetary policies, economic performance, and global market conditions. For instance, if the SNB adopts a more hawkish stance or if global risk aversion increases, the CHF could strengthen against the SEK.

Conclusion

The SEK/CHF exchange rate has experienced significant movements in the first half of 2025, influenced by interest rate differentials, economic performance, market sentiment, and commodity prices. While the SEK has appreciated against the CHF in recent months, forecasts indicate a potential reversal in this trend. Investors and businesses engaged in SEK/CHF transactions should closely monitor these factors and consider potential risks in their financial planning.