Convert Swedish Krona to Canadian Dollar
SEK to CAD Exchange Rate Calculator
1 Swedish Krona (SEK) = 0.1489 Canadian Dollar (CAD) at the live mid-market rate. That means $100 SEK converts to roughly 14.89 CAD, and $1,000 SEK converts to about 148.91 CAD. The SEK/CAD 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 SEK/CAD context
Over the past 90 days, SEK/CAD has traded between 0.1457 and 0.1505. The current rate of 0.1489 sits roughly 68% through that range — in the middle of the recent range. Versus the rate 90 days ago, Swedish Krona has held roughly flat (-0.05%) against Canadian Dollar.
SEK/CAD Price History
Interactive SEK/CAD exchange rate chart with 7-day, 30-day, and 90-day views.
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
About Canadian Dollar (CAD)
The Canadian Dollar (CAD) is the official currency of Canada and the sixth-most-held reserve currency. Nicknamed the "Loonie" after the loon on the C$1 coin, it is a commodity currency driven primarily by crude oil prices and US cross-border trade, which accounts for roughly 75% of Canadian exports.
- •Canada is the world's fourth-largest crude oil producer
- •Roughly 75% of Canadian exports go to the United States
- •Bank of Canada (BoC) sets the overnight rate and targets 2% CPI inflation
- •USD/CAD is often called the "Loonie" among traders
- •Canada and the US are connected by the USMCA trade agreement (replaced NAFTA in 2020)
Frequently Asked Questions
How do commodity prices affect SEK/CAD?
CAD is a commodity-linked currency — its movements correlate closely with WTI crude oil prices. Rising commodity prices typically strengthen CAD and move SEK/CAD accordingly.
What is a typical daily range for SEK/CAD?
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 SEK/CAD the most?
The biggest scheduled catalysts are Riksbank decisions and Swedish CPI and BoC rate decisions, Canadian employment data, and WTI crude movements. 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 SEK to CAD at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market SEK/CAD 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 SEK/CAD rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market SEK/CAD 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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Rate history
- 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)
- USD/CAD historyUSD/CAD ("Loonie" in forex slang) is the world's second-most-traded commodity-currency pair after AUD/USD
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Exchange rates refresh hourly · Sourced from institutional-grade data providers