The year looks set to be the strongest for the krona in over 20 years. And the factors behind the boost for the Swedish currency – good risk appetite in the market, low interest rates and good growth prospects for heavy Swedish companies as the EU builds up its military – are still in place.
Most people therefore expect continued krona appreciation in 2026, according to a survey conducted by Bloomberg.
The krona has also appreciated against the euro this year, up almost 5 percent to 10.91 kronor. Alex Cohen, strategist at Bank of America, expects a further 4 percent increase in 2026. His colleague Meera Chandan at JP Morgan expects a plus of 3 percent.
The average forecast in Bloomberg's survey of currency strategists is plus 2 percent for the krona in 2026.
