Convert Mexican Peso to Swedish Krona
MXN to SEK Exchange Rate Calculator
1 Mexican Peso (MXN) = 0.5347 Swedish Krona (SEK) at the live mid-market rate. That means $100 MXN converts to roughly 53.47 SEK, and $1,000 MXN converts to about 534.66 SEK. The MXN/SEK rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day MXN/SEK context
Over the past 90 days, MXN/SEK has traded between 0.5186 and 0.5436. The current rate of 0.5347 sits roughly 64% through that range — in the middle of the recent range. Versus the rate 90 days ago, Mexican Peso has strengthened by 2.35% against Swedish Krona.
MXN/SEK Price History
Interactive MXN/SEK exchange rate chart with 7-day, 30-day, and 90-day views.
About Mexican Peso (MXN)
The Mexican Peso (MXN) is the official currency of Mexico and the most-traded currency in Latin America. Nicknamed "the Mex" among FX traders, MXN benefits from high real yields and deep onshore liquidity, making it a perennial favourite in emerging-market carry trade strategies.
- •Most-traded emerging-market currency in the Americas
- •Banxico (Bank of Mexico) targets 3% CPI inflation (±1%)
- •Remittances from the US to Mexico exceeded $63 billion in 2024
- •USMCA (formerly NAFTA) links Mexico deeply to US trade
- •The "$" symbol originated with the Spanish peso before being adopted by the US Dollar
About Swedish Krona (SEK)
The Swedish Krona (SEK) is the official currency of Sweden, issued by the Riksbank — the world's oldest central bank, founded in 1668. SEK is one of the more liquid Scandinavian currencies and is strongly correlated with European economic conditions despite Sweden remaining outside the Eurozone.
- •Riksbank founded 1668 — the world's oldest central bank still in operation
- •Sweden is among the world's most cashless societies; cash is under 9% of point-of-sale transactions
- •Sweden voted against joining the Euro in a 2003 referendum
- •Riksbank targets 2% CPIF inflation
- •SEK is correlated with EUR because ~60% of Swedish exports go to the EU
Frequently Asked Questions
Why is MXN more volatile than most G10 currencies?
MXN is an emerging-market currency, which means it is more sensitive to global risk appetite, commodity cycles, and US Dollar strength. Daily ranges of 1–3% are common during risk-off episodes, compared to 0.5–1% for major G10 pairs.
What is a typical daily range for MXN/SEK?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move MXN/SEK the most?
The biggest scheduled catalysts are Banxico decisions and US-Mexico trade headlines and Riksbank decisions and Swedish CPI. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert MXN to SEK at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market MXN/SEK than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the MXN/SEK rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market MXN/SEK rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
Related Conversions
More on MXN and SEK
Country money guides, key terms, rate history, and articles related to MXN/SEK.
Country guides
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Mid-Market RateThe mid-market rate is the midpoint between the buy (bid) and sell (ask) price of a curren…
Rate history
- USD/MXN historyUSD/MXN is the world's most-traded emerging-market currency pair, dominated by the US-Mexico economic relationship — over 80% of Mexican exports go to the US under USMCA
- USD/SEK historyUSD/SEK is the largest Nordic currency pair by volume, reflecting Sweden's position as the largest Nordic economy and home to globally-significant exporters (Volvo, IKEA, Ericsson, H&M, Spotify)
Articles
- Currency Exchange Rates: How They Work and MoveLearn how currency exchange rates work, what causes fluctuations, and key factors every traveler, investor, and business should know.
- BRICS De-Dollarization Progress Tracker 2026: Latest Status & NumbersLive tracker of BRICS de-dollarization progress in 2026. USD reserve share, central bank gold buying, CIPS volume, member additions. Updated weekly with sources.
- Dollar Dying: USD Hits Lowest Reserve Share Since 1995The dollar's reserve share fell to 56.32% — lowest since 1995. China slashed Treasuries by 47%, BRICS settle 99% in local currencies, gold soaring.
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Background on Mexican Peso, Swedish Krona, and the forces that move MXN/SEK.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers