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SEK / USD · 56 years · 1971-2026

Swedish Krona to US Dollar exchange rate history 1971 to 2026: the Riksbank and the krona

One Swedish Krona bought 0.1959 USD in 1971 and 0.1060 USD in 2026. The Riksbank and the krona. The series covers 56 years of annual data.

2026 avg
0.1060
year to date
Highest avg
0.2414
1975
Lowest avg
0.0943
2023
Traded range
0.0881 to 0.2586
low 2022, high 1975
See the year-by-year table Get the data free

Source: Federal Reserve H.10 (DEXSDUS). Latest daily observation 2026-10-30.

SEK/USD Swedish Krona to US Dollar
Annual average
1 SEK = 0.1017 USD

Latest available rate · 2026 average 0.1060

kr
2026 1 SEK = 0.1060 USD
10.60 USD
High 0.1134 Low 0.0993 Change -6.2%

Annual averages of daily observations.

SEK/USD since 1971

Swedish Krona to US Dollar averaged 0.1959 USD in 1971 and 0.1023 USD in 2025, 47.8% lower across 55 complete years.

The annual average has ranged from 0.0943 in 2023 to 0.2414 in 1975. On individual trading days the series reached 0.0881 and 0.2586, a ratio of 2.9 to 1.

What moves SEK/USD

SEK: The Swedish krona has floated since 1992. Sweden is an open export economy and has kept the krona rather than adopt the euro.

USD: The US dollar is the world's main reserve currency and the base leg for most foreign exchange trading.

For SEK/USD, the SEK leg responds to Riksbank policy, export demand, global risk appetite, while the USD leg responds to Federal Reserve policy, US inflation and Treasury yields, safe-haven demand. The exchange rate is the market's attempt to balance the two sets of forces.

Riksbank policy and the krona

SEK/USD is a relative-policy pair. The Sveriges Riksbank sets the SEK rate and the Federal Reserve sets the USD rate. The pair tends to track the expected path of both, not just the current level.

Sweden is a small open economy, so the krona is driven by Riksbank policy, export demand and euro area growth. When one central bank tightens faster, the currency with the higher expected return usually strengthens, but the relationship is noisy because expectations move before decisions.

Sweden kept the krona after the 2003 euro referendum, which leaves the currency with its own cycle. Across 55 complete years the average moved -47.8%, with 26 up years and 28 down years.

The five largest SEK/USD moves

Ranked by absolute year-end change, the five largest moves were 1982 (-24.9%), 1992 (-21.5%), 2003 (+20.9%), 2002 (+20.3%), 1981 (-20.2%). The biggest was 1982, when the rate moved from 0.1821 to 0.1368, a change of 24.9%.

Across 55 complete years the pair rose in 26 and fell in 28. The average annual change was -0.5% with a standard deviation of 12 percentage points, which is one way to compare its volatility with other pairs.

SEK/USD by decade

Grouped by decade, the annual average was 0.2234 in 1971-1979 and 0.1031 in 2020-2026. The widest decade-to-decade change was -29.3% between 1971-1979 and 1980-1989, when the average moved from 0.2234 to 0.1580.

The final bucket, 2020-2026, is a partial decade and includes the year-to-date 2026 average. The table below shows every bucket with its high and low, so the short-run moves and the long-run level can be read together.

How to read the SEK/USD data

The annual figures are averages of the daily observations in Federal Reserve H.10 (DEXSDUS). Highs and lows are the most extreme single observations in each calendar year, not intraday highs. No figure on this page is estimated or interpolated.

SEK/USD annual average, 1971 to 2026

Annual average with the full trading range for each year. average high–low range

0.07 0.12 0.17 0.22 0.27 1971 1980 1990 2000 2010 2026 1971: 0.1959 1972: 0.2102 1973: 0.2298 1974: 0.2256 1975: 0.2414 1976: 0.2296 1977: 0.2238 1978: 0.2214 1979: 0.2332 1980: 0.2365 1981: 0.1986 1982: 0.1607 1983: 0.1305 1984: 0.1211 1985: 0.1168 1986: 0.1404 1987: 0.1577 1988: 0.1631 1989: 0.1550 1990: 0.1691 1991: 0.1656 1992: 0.1726 1993: 0.1286 1994: 0.1297 1995: 0.1403 1996: 0.1491 1997: 0.1309 1998: 0.1258 1999: 0.1209 2000: 0.1094 2001: 0.0968 2002: 0.1032 2003: 0.1241 2004: 0.1363 2005: 0.1343 2006: 0.1359 2007: 0.1482 2008: 0.1536 2009: 0.1315 2010: 0.1391 2011: 0.1543 2012: 0.1478 2013: 0.1536 2014: 0.1463 2015: 0.1186 2016: 0.1171 2017: 0.1173 2018: 0.1152 2019: 0.1058 2020: 0.1089 2021: 0.1166 2022: 0.0992 2023: 0.0943 2024: 0.0946 2025: 0.1023 2026: 0.1060

Source: Federal Reserve H.10 (DEXSDUS). Figures are annual averages of daily observations.

Full dataset

SEK to USD exchange rate by year

Every year since 1971: annual average, the year high and low, the year-end rate, and the change on the previous year.

Records and extremes
56 years
SEK/USD annual exchange rate history, 1971 to 2026
Year Average High Low Year end Change
1971 0.1959 0.2056 0.1930 0.2056 n/a
1972 0.2102 0.2125 0.2060 0.2108 +2.5%
1973 0.2298 0.2520 0.2105 0.2183 +3.6%
1974 0.2256 0.2462 0.2009 0.2453 +12.4%
1975 0.2414 0.2586 0.2199 0.2275 -7.3%
1976 0.2296 0.2427 0.2229 0.2425 +6.6%
1977 0.2238 0.2438 0.2054 0.2140 -11.8%
1978 0.2214 0.2447 0.2118 0.2333 +9.0%
1979 0.2332 0.2424 0.2269 0.2408 +3.2%
1980 0.2365 0.2435 0.2200 0.2282 -5.2%
1981 0.1986 0.2326 0.1759 0.1821 -20.2%
1982 0.1607 0.1813 0.1320 0.1368 -24.9%
1983 0.1305 0.1387 0.1227 0.1248 -8.7%
1984 0.1211 0.1309 0.1113 0.1113 -10.8%
1985 0.1168 0.1320 0.1029 0.1320 +18.6%
1986 0.1404 0.1483 0.1307 0.1483 +12.4%
1987 0.1577 0.1726 0.1474 0.1726 +16.3%
1988 0.1631 0.1722 0.1522 0.1631 -5.5%
1989 0.1550 0.1640 0.1467 0.1611 -1.2%
1990 0.1691 0.1807 0.1591 0.1775 +10.2%
1991 0.1656 0.1838 0.1509 0.1800 +1.4%
1992 0.1726 0.1965 0.1405 0.1413 -21.5%
1993 0.1286 0.1416 0.1179 0.1199 -15.1%
1994 0.1297 0.1416 0.1193 0.1346 +12.3%
1995 0.1403 0.1537 0.1324 0.1509 +12.1%
1996 0.1491 0.1528 0.1422 0.1465 -2.9%
1997 0.1309 0.1455 0.1237 0.1259 -14.0%
1998 0.1258 0.1319 0.1200 0.1234 -2.0%
1999 0.1209 0.1298 0.1156 0.1176 -4.7%
2000 0.1094 0.1197 0.0965 0.1059 -9.9%
2001 0.0968 0.1072 0.0907 0.0956 -9.7%
2002 0.1032 0.1150 0.0932 0.1150 +20.3%
2003 0.1241 0.1390 0.1137 0.1390 +20.9%
2004 0.1363 0.1517 0.1287 0.1500 +7.9%
2005 0.1343 0.1496 0.1213 0.1260 -16.0%
2006 0.1359 0.1478 0.1255 0.1463 +16.1%
2007 0.1482 0.1604 0.1407 0.1549 +5.8%
2008 0.1536 0.1714 0.1178 0.1270 -18.0%
2009 0.1315 0.1473 0.1077 0.1398 +10.1%
2010 0.1391 0.1535 0.1241 0.1480 +5.9%
2011 0.1543 0.1668 0.1427 0.1455 -1.7%
2012 0.1478 0.1538 0.1376 0.1537 +5.6%
2013 0.1536 0.1590 0.1467 0.1556 +1.3%
2014 0.1463 0.1577 0.1278 0.1278 -17.9%
2015 0.1186 0.1268 0.1134 0.1184 -7.4%
2016 0.1171 0.1254 0.1061 0.1101 -7.0%
2017 0.1173 0.1264 0.1092 0.1224 +11.1%
2018 0.1152 0.1273 0.1084 0.1128 -7.8%
2019 0.1058 0.1126 0.1004 0.1070 -5.1%
2020 0.1089 0.1221 0.0963 0.1218 +13.8%
2021 0.1166 0.1222 0.1093 0.1105 -9.3%
2022 0.0992 0.1121 0.0881 0.0960 -13.1%
2023 0.0943 0.1007 0.0891 0.0995 +3.6%
2024 0.0946 0.0990 0.0899 0.0904 -9.2%
2025 0.1023 0.1091 0.0887 0.1084 +20.0%
2026 YTD 0.1060 0.1134 0.0993 0.1017 -6.2%

1971–2026 · 55 complete calendar years. Annual figures are averages of available daily observations. 2026 is year to date: the average is based on 209 published trading days through 2026-10-30.

Data through 2026-10-30 · Federal Reserve H.10 (DEXSDUS) · Methodology Download CSV
Largest moves

Five largest SEK/USD moves

The largest absolute year-end changes in the published series, using complete calendar years only.

  1. 1982 -24.9% 0.1821 to 0.1368

    Year-end rate moved from 0.1821 to 0.1368, a change of 24.9%.

  2. 1992 -21.5% 0.1800 to 0.1413

    Year-end rate moved from 0.1800 to 0.1413, a change of 21.5%.

  3. 2003 +20.9% 0.1150 to 0.1390

    Year-end rate moved from 0.1150 to 0.1390, a change of 20.9%.

  4. 2002 +20.3% 0.0956 to 0.1150

    Year-end rate moved from 0.0956 to 0.1150, a change of 20.3%.

  5. 1981 -20.2% 0.2282 to 0.1821

    Year-end rate moved from 0.2282 to 0.1821, a change of 20.2%.

Long view

SEK/USD by decade

Annual averages grouped into decade buckets. The first and last buckets may cover fewer than ten years.

SEK/USD decadal average exchange rate
Period Average High Low vs previous
1971–1979 0.2234 0.2586 0.1930 n/a
1980–1989 0.1580 0.2435 0.1029 -29.3%
1990–1999 0.1433 0.1965 0.1156 -9.3%
2000–2009 0.1273 0.1714 0.0907 -11.1%
2010–2019 0.1315 0.1668 0.1004 +3.3%
2020–2026 0.1031 0.1222 0.0881 -21.6%

Average of the annual averages in each period. The first and last rows cover partial decades.

Key years

SEK/USD history: the years that moved the rate

Each event below is dated and tied to one of the currencies in this pair.

  1. 1992 1992-11-19

    Sweden floats the krona

    After raising its overnight rate to defend the currency, Sveriges Riksbank let the krona float on 19 November 1992. The currency depreciated sharply.

  2. 2003 2003-09-14

    Sweden rejects euro membership

    Swedish voters rejected adopting the euro, so Sweden kept the krona and remained outside the euro area.

  3. 2008 2008-09-15

    Lehman Brothers files for bankruptcy

    The collapse of Lehman Brothers triggered a global financial crisis, a flight into the US dollar and extreme volatility across currency markets.

  4. 2020 2020-03-15

    Pandemic triggers a global dash for cash

    The COVID-19 shock caused a worldwide sell-off and a surge in demand for US dollars, followed by large central bank intervention and emergency rate cuts.

FAQ

SEK/USD history: common questions

What was the SEK/USD rate in 1971?

One SEK averaged 0.1959 USD in 1971, with a range of 0.1930 to 0.2056 and a year-end rate of 0.2056.

What is the lowest SEK/USD rate on record?

The lowest annual average was 0.0943 in 2023. The lowest single observation was 0.0881 in 2022.

What was the biggest single-year move in SEK/USD?

1982 was the largest, at -24.9%. The year-end rate moved from 0.1821 to 0.1368.

How volatile has SEK/USD been?

Across 55 complete years the average annual change was -0.5% with a standard deviation of 12 percentage points. The largest drawdown was 63.2%, from 1974 to 2024.

How is the SEK/USD rate calculated?

The annual figures are averages of daily observations in Federal Reserve H.10 (DEXSDUS). Highs and lows are the most extreme single observations in each calendar year.

What is the SEK/USD rate in 2026?

The 2026 average is 0.1060 USD per SEK, based on the year to date. The latest complete year, 2025, averaged 0.1023.

Programmatic access

Query any SEK/USD rate since 1971

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