Exchange Rate Calculator

The exchange rate between the Swedish Krona (SEK) and the Chinese Yuan Renminbi (CNY) has exhibited notable fluctuations over the past several months. This report provides an analysis of the recent trends, underlying factors influencing these movements, and projections for the near future.

Recent Exchange Rate Trends

In the first quarter of 2025, the SEK/CNY exchange rate experienced significant volatility. On January 31, 2025, the rate reached its lowest point at 0.6476 CNY per SEK. Subsequently, the Krona strengthened, peaking at 0.7113 CNY per SEK on March 5, 2025. This represents an appreciation of approximately 9.8% over a five-week period. (exchange-rates.org)

By the end of March 2025, the exchange rate stabilized around 0.7264 CNY per SEK. (investing.com) This upward trend indicates a strengthening of the Swedish Krona relative to the Chinese Yuan during this period.

Factors Influencing the Exchange Rate Movements

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

1. Economic Indicators: Sweden's economic performance, including GDP growth and inflation rates, can influence the Krona's value. Similarly, China's economic policies and growth metrics impact the Yuan. Divergences in these indicators between the two countries can lead to exchange rate adjustments.

2. Monetary Policies: Decisions by the central banks of Sweden and China regarding interest rates and monetary policies play a crucial role. For instance, if the Riksbank (Sweden's central bank) raises interest rates while the People's Bank of China maintains or lowers them, the Krona may appreciate against the Yuan due to higher returns on Swedish assets.

3. Trade Balances: The trade relationship between Sweden and China affects currency demand. A trade surplus in Sweden's favor increases demand for the Krona, potentially strengthening it against the Yuan.

4. Global Economic Events: Geopolitical developments, such as trade agreements or disputes, and global economic trends can influence investor sentiment and currency valuations.

Forecasts and Projections

Looking ahead, various forecasts provide insights into the potential trajectory of the SEK/CNY exchange rate:

• Midforex projects a gradual appreciation of the Krona against the Yuan, with the exchange rate averaging around 0.7125 CNY per SEK in April 2025 and reaching approximately 0.7211 CNY per SEK by the end of 2026. (midforex.com)

• WalletInvestor offers a more conservative outlook, predicting minor fluctuations with the rate closing at 0.687 CNY per SEK in April 2025 and experiencing slight declines in the following months. (walletinvestor.com)

• CoinCodex anticipates a bullish trend, forecasting the exchange rate to reach an average of 0.724662 CNY per SEK in June 2025, with potential gains of up to 7.56%. (coincodex.com)

Conclusion

The SEK/CNY exchange rate has demonstrated considerable volatility in early 2025, influenced by a complex interplay of economic indicators, monetary policies, trade balances, and global events. While forecasts suggest a potential appreciation of the Swedish Krona against the Chinese Yuan in the near term, it is essential for investors and businesses to monitor ongoing economic developments and policy decisions in both countries to make informed decisions regarding currency exposure and international transactions.