Sweden The Swedish Krona (SEK) is the official currency of Sweden and is issued by Sveriges Riksbank. The Krona has been in use since 1873 when Sweden joined the Scandinavian Monetary Union, which dissolved in the early 20th century. Sweden is part of the European Union (EU) but has opted to keep its own currency instead of adopting the Euro. The Krona is freely traded and considered stable, reflecting Sweden’s strong economy, which is based on manufacturing, technology, and a high standard of living.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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