Swedish Krona Leads G10 Currencies in Performance This Year

The Swedish krona has outperformed the other major currencies since the turn of the year. The exchange rate of 9.60 kronor per dollar represents a strengthening of 15.36.

» Published: June 01 2025

Swedish Krona Leads G10 Currencies in Performance This Year
Photo: Martina Holmberg / TT

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Thus, the krona has, after several years of decline, performed best among the most traded currencies in the G10 group this year, and has outperformed the average by 22.51 percentage points in Bloomberg's G10 currency index.

The US dollar has been a drag and lost ground against all major currencies since President Donald Trump took office at the beginning of the year.

Other G10 currencies that have performed well against the dollar during the year are the Norwegian krone, up 11.50 percent, and the Swiss franc, which has risen 10.34 percent.

Among currencies with weaker development, the Australian dollar stands out, which has still strengthened by 3.93 percent against the US dollar.

The Canadian dollar stands at plus 4.69, and the New Zealand dollar has risen 6.60 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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