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Exchange Rate Calculator
Convert between currencies and track historical exchange rates
Amount
8.93 INR
Exchange Rate
as of July 05, 2025 at 3:11 AM
1 SEK =
8.93 INR
Market analysis of SEK to INR currency exchange rates
Analysis as of April 2025
The exchange rate between the Swedish Krona (SEK) and the Indian Rupee (INR) has experienced notable fluctuations over the past few months. This report provides an analysis of the SEK/INR exchange rate trends, highlighting key movements and potential influencing factors.
Recent Exchange Rate Trends
In 2025, the SEK/INR exchange rate has shown significant variability. The highest recorded rate was 9.0942 INR per SEK on June 17, 2025, while the lowest was 7.6805 INR per SEK on January 10, 2025. The average exchange rate during this period was approximately 8.4967 INR per SEK. This indicates a substantial appreciation of the Swedish Krona against the Indian Rupee over the year. (exchange-rates.org)
Monthly Breakdown
January 2025: The exchange rate began at a low point, with the SEK valued at 7.6805 INR on January 10. This period marked the lowest exchange rate for the year.
March 2025: A gradual increase was observed, with the SEK reaching 8.6364 INR by March 8. (exchangerates.org.uk)
June 2025: The SEK peaked at 9.0942 INR on June 17, representing the highest exchange rate for the year. (exchange-rates.org)
Comparative Analysis with Previous Years
2024: The SEK/INR exchange rate experienced a decline, with the highest rate at 8.3553 INR on August 20 and the lowest at 7.5748 INR on April 30. The average rate for the year was 7.9192 INR per SEK. (exchange-rates.org)
2023: The exchange rate remained relatively stable, with minor fluctuations around the 7.6 to 7.9 INR per SEK range. (exchangerates.org.uk)
2022: The SEK/INR exchange rate showed a downward trend, with rates ranging from 7.21 to 8.19 INR per SEK throughout the year. (freecurrencyrates.com)
Factors Influencing Exchange Rate Movements
Several factors may have contributed to the observed fluctuations in the SEK/INR exchange rate:
Economic Policies: Monetary policies implemented by the central banks of Sweden and India can influence currency values. Interest rate adjustments, inflation control measures, and economic stimulus packages play a role in determining exchange rates.
Trade Balances: The trade relationship between Sweden and India affects currency demand. A trade surplus in Sweden could lead to a stronger SEK, while a deficit might weaken it.
Global Economic Conditions: International economic events, such as changes in commodity prices, geopolitical tensions, and global financial market trends, can impact investor confidence and currency valuations.
Inflation Rates: Differences in inflation rates between the two countries can affect the purchasing power parity, influencing the exchange rate.
Conclusion
The SEK/INR exchange rate has exhibited significant volatility over the past few months, with the Swedish Krona appreciating notably against the Indian Rupee in 2025. This trend contrasts with the more stable or declining patterns observed in previous years. Understanding the underlying economic factors and policies is essential for stakeholders engaged in trade, investment, or financial planning involving these currencies.