Exchange Rate Calculator

The exchange rate between the Swedish Krona (SEK) and the New Zealand Dollar (NZD) has experienced notable fluctuations over the past few months, reflecting the dynamic nature of the foreign exchange market. Understanding these movements requires an examination of recent trends, underlying economic factors, and future projections.

Recent Exchange Rate Trends

As of July 3, 2025, the SEK/NZD exchange rate stands at approximately 0.1742, meaning one Swedish Krona equals 0.1742 New Zealand Dollars. (wise.com) Over the past six months, the exchange rate has exhibited both upward and downward movements:

• Highs and Lows: The highest recorded rate during this period was 0.1811 NZD per SEK on April 8, 2025, while the lowest was 0.1590 NZD per SEK on January 13, 2025. (exchange-rates.org)

• Average Rate: The average exchange rate over the past six months has been approximately 0.1696 NZD per SEK. (exchange-rates.org)

These fluctuations indicate a general strengthening of the Swedish Krona against the New Zealand Dollar since the beginning of the year.

Economic Factors Influencing the Exchange Rate

Several economic indicators and events have contributed to the observed movements in the SEK/NZD exchange rate:

• Interest Rates: Differences in monetary policies between Sweden's Riksbank and the Reserve Bank of New Zealand (RBNZ) can influence investor behavior. For instance, if the Riksbank raises interest rates while the RBNZ maintains or lowers theirs, the Krona may appreciate against the New Zealand Dollar as investors seek higher returns.

• Economic Performance: Strong economic data from Sweden, such as higher GDP growth or lower unemployment rates, can bolster the Krona. Conversely, if New Zealand's economy faces challenges, the NZD may weaken.

• Commodity Prices: New Zealand's economy is heavily reliant on commodity exports, particularly dairy products. Fluctuations in global commodity prices can impact the NZD's value.

• Global Economic Events: Geopolitical tensions, trade agreements, and global economic downturns can lead to shifts in investor sentiment, affecting both currencies.

Future Projections

Forecasting exchange rates involves considerable uncertainty, but some projections provide insight into potential trends:

• Short-Term Forecasts: According to WalletInvestor, the SEK/NZD exchange rate is expected to reach 0.176 within a year, indicating a modest appreciation of the Krona. (walletinvestor.com)

• Long-Term Forecasts: MidForex projects a gradual increase in the exchange rate over the next decade, with an average rate of 0.1988 NZD per SEK by 2030. (midforex.com)

It's important to note that these forecasts are based on current data and assumptions; actual future rates may differ due to unforeseen economic developments.

Conclusion

The SEK/NZD exchange rate has shown significant variability over the past few months, influenced by a range of economic factors. While projections suggest a potential appreciation of the Swedish Krona against the New Zealand Dollar in the coming years, investors and businesses should remain vigilant, considering the inherent uncertainties in the foreign exchange market.