Convert New Zealand Dollar to Swedish Krona
NZD to SEK Exchange Rate Calculator
1 New Zealand Dollar (NZD) = 5.5179 Swedish Krona (SEK) at the live mid-market rate. That means $100 NZD converts to roughly 551.79 SEK, and $1,000 NZD converts to about 5,517.90 SEK. The NZD/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 NZD/SEK context
Over the past 90 days, NZD/SEK has traded between 5.3772 and 5.5308. The current rate of 5.5179 sits roughly 92% through that range — near the upper end, meaning Swedish Krona has been weaker than typical against New Zealand Dollar recently. Versus the rate 90 days ago, New Zealand Dollar has strengthened by 1.66% against Swedish Krona.
NZD/SEK Price History
Interactive NZD/SEK exchange rate chart with 7-day, 30-day, and 90-day views.
About New Zealand Dollar (NZD)
The New Zealand Dollar (NZD) is the official currency of New Zealand, Niue, the Cook Islands, and Tokelau. Nicknamed the "Kiwi" after the national bird on the NZ$1 coin, it is a commodity currency heavily tied to dairy exports — New Zealand is the world's largest dairy exporter by value.
- •New Zealand is the world's largest dairy product exporter
- •Reserve Bank of New Zealand (RBNZ) was the first central bank to adopt a formal inflation target (1990)
- •NZD/USD is nicknamed "Kiwi"; AUD/NZD is "Bird" among traders
- •China is New Zealand's largest trading partner
- •Fonterra's GlobalDairyTrade auctions (fortnightly) move NZD reliably
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
How do commodity prices affect NZD/SEK?
NZD is a commodity-linked currency — its movements correlate closely with dairy products prices. Rising commodity prices typically strengthen NZD and move NZD/SEK accordingly.
What is a typical daily range for NZD/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 NZD/SEK the most?
The biggest scheduled catalysts are RBNZ decisions and fortnightly GlobalDairyTrade auctions 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 NZD to SEK at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market NZD/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 NZD/SEK rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market NZD/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.
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More on NZD and SEK
Country money guides, key terms, rate history, and articles related to NZD/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…
- Safe-Haven CurrencyA safe-haven currency is one that investors buy during periods of global financial stress,…
Rate history
- NZD/USD historyNZD/USD ("Kiwi" in forex slang) is the second of the major commodity-currency pairs after AUD/USD — heavily linked to global dairy prices, Chinese consumer demand, and global risk sentiment
- AUD/NZD historyAUD/NZD is the trans-Tasman cross — combining Australia's commodity-currency with New Zealand's dairy-driven currency
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Exchange rates refresh hourly · Sourced from institutional-grade data providers