Money · Swedish krona
One euro bought 10.98 kronor on Friday 30 October, 1.4 % less than a week earlier; the dollar was at 9.83 kronor and the pound at 13.17.
Rates for Friday 30 October · checked at 23:05 Swedish time
1 EUR = 10.98 SEK
1 SEK = 0.0911 EUR
1 USD = 9.83 SEK
1 SEK = 0.102 USD
1 GBP = 13.17 SEK
1 SEK = 0.0760 GBP
1 NOK = 1.065 SEK
1 SEK = 0.939 NOK
1 DKK = 1.469 SEK
1 SEK = 0.681 DKK
Green: the krona has strengthened, so the currency costs fewer kronor than before. Red: the krona has weakened.
Indicative rates from Sveriges riksbank, Friday 30 October.
Banks, card issuers and exchange offices add their own margin, so the amount you pay or get will differ a little.
Riksbank policy rate
1.75 %
In effect since Wednesday 1 October 2025. Before that it was 2.00 %.
No change in the last 12 months.
SWESTR
1.642 %
For Thursday 29 October 2026, from 260 transactions. SWESTR is the Riksbank's measure of the interest rate at which banks borrow kronor overnight without collateral, published every bank day.
Sweden is a small open economy, so the krona moves with the world’s appetite for risk: when markets are nervous, investors tend to sell it for the euro, the dollar or the Swiss franc, and when they calm down it tends to recover. Interest rates matter too: when the Riksbank’s policy rate is low compared with the European Central Bank’s or the Federal Reserve’s, holding kronor pays less, which weighs on the currency. Growth, inflation and trade shape the longer trend.
The Riksbank’s Executive Board makes eight monetary policy decisions a year, on dates it publishes in advance. Each decision is published at 09:30 Swedish time, and a new policy rate usually takes effect about a week later, on a Wednesday. This page shows the rate in effect, so a change appears here on the day it applies.
Cards are taken almost everywhere, and contactless card or phone payments are the norm; many shops, cafés and city buses take no cash at all. Swish, the payment app Swedes use with each other and at markets, needs a Swedish bank account and a personnummer, so visitors usually cannot use it. Cash is still legal tender, but it is rarely used.
Usually not. A debit or credit card without foreign transaction fees gives you a rate close to the mid-rates on this page, while exchange offices often add a margin of several per cent. When a card terminal or cash machine offers to charge you in your own currency, decline and pay in kronor: that service, dynamic currency conversion, uses the seller’s own rate, which is usually worse.
The rates here are mid-rates, halfway between the buying and selling prices on the currency market, which Sveriges riksbank publishes once every bank day in the late afternoon. Banks, card issuers and exchange offices add their own margin, so the rate you get when you buy or sell is a little worse. The rates are for information and comparison, not for transactions.