USD/SEK Exchange Rate Today — Live Chart and Analysis

USD/SEK is an exchange rate that specifies how many SEK (Swedish Krona) can be converted into one USD (United States Dollar), therefore the base currency is USD and the price currency is SEK. If this rate declines, it means that SEK appreciates relative to USD and if this rate increases it means that the SEK depreciates against the USD. There are many macroeconomic factors/events (fundamentals) that affect USD/SEK exchange rate, which are usually common in both countries. Some of the most notable factors/events are GDP, Inflation or Consumer Price Index (CPI), Interest Rates and other monetary policies applied by central banks. Regarding the trade relationship between United States and Sweden, the latter imports 2.6% of United States's total exports, whereas United States imports 0.45% of Sweden's total exports. The largest component of United States's exports are machinery, nuclear reactor and boiler products whereas Sweden's largest export components are also machinery, nuclear reactor and boiler products. Any significant shifts in the trade relationship between the two regions and changes in the values of the aforementioned components are some of the factors that could have a material impact on the pair.