Exchange Rate Calculator

The exchange rate between the Swedish Krona (SEK) and the British Pound (GBP) has experienced notable fluctuations over the past few months, influenced by various economic factors and monetary policies in both Sweden and the United Kingdom.

Recent Exchange Rate Trends

As of July 3, 2025, the SEK/GBP exchange rate stands at approximately 0.0767, indicating that one Swedish Krona is equivalent to 0.0767 British Pounds. This represents a slight decrease of 0.05% from the previous day's closing rate. Over the past six months, the exchange rate has shown an upward trend, rising from a low of 0.0721 on January 1, 2025, marking a gain of 6.52%. (exchangerates.org.uk)

Economic Indicators Influencing the Exchange Rate

Several key economic indicators have played a role in shaping the SEK/GBP exchange rate during this period:

• Interest Rates: The Swedish Riksbank maintained its policy rate at 0.25% throughout the first quarter of 2025 to support economic growth amid moderate inflation. In contrast, the Bank of England raised its base rate from 0.5% to 0.75% in February 2025 in response to rising inflationary pressures in the UK. This divergence in monetary policy has contributed to the relative strength of the GBP against the SEK. (maybefinance.com)

• Inflation Rates: Sweden's inflation rate remained stable at around 2% during the first quarter, aligning with the Riksbank's target. The UK's inflation rate, however, increased from 3% in January to 3.5% in March, prompting the Bank of England's rate hike. Higher inflation in the UK has influenced investor expectations and currency valuations. (maybefinance.com)

• GDP Growth: Sweden's GDP growth for Q1 2025 was reported at 1.2%, slightly below expectations, reflecting challenges in the manufacturing sector. The UK economy grew by 1.5% during the same period, driven by robust consumer spending and a strong services sector. The relative economic performance has impacted investor confidence and currency demand. (maybefinance.com)

Forecasts and Future Outlook

Looking ahead, various forecasts suggest a gradual appreciation of the SEK against the GBP:

• Short-Term Forecasts: Analysts predict that the SEK/GBP exchange rate will reach 0.0802 by September 2025, representing a 4.43% increase from the current rate. By December 2025, the rate is expected to rise to 0.0808, and further to 0.0847 by March 2026. (exchangerates.org.uk)

• Long-Term Forecasts: Projections indicate that the SEK/GBP exchange rate could average around 0.0837 over the next five years and 0.0888 over the next ten years. These forecasts suggest a steady appreciation of the Swedish Krona against the British Pound over the long term. (midforex.com)

Factors to Monitor

Several factors could influence the future trajectory of the SEK/GBP exchange rate:

• Monetary Policy Decisions: Any changes in interest rates or monetary policies by the Riksbank or the Bank of England could impact the exchange rate.

• Economic Performance: GDP growth, employment rates, and other economic indicators in both countries will play a crucial role in determining currency strength.

• Inflation Trends: Diverging inflation rates between Sweden and the UK could lead to adjustments in monetary policy, affecting the exchange rate.

• Global Economic Conditions: External factors such as global trade dynamics, geopolitical events, and commodity prices can also influence currency valuations.

In conclusion, while the SEK/GBP exchange rate has shown an upward trend in recent months, various economic indicators and forecasts suggest potential for further appreciation of the Swedish Krona against the British Pound. However, investors and stakeholders should remain vigilant and monitor ongoing economic developments and policy decisions that could impact this currency pair.