Convert Swedish Krona to Mexican Peso
SEK to MXN Exchange Rate Calculator
1 Swedish Krona (SEK) = 1.8599 Mexican Peso (MXN) at the live mid-market rate. That means $100 SEK converts to roughly 185.99 MXN, and $1,000 SEK converts to about 1,859.90 MXN. The SEK/MXN 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/MXN context
Over the past 90 days, SEK/MXN has traded between 1.8396 and 1.9284. The current rate of 1.8599 sits roughly 23% through that range — near the lower end, meaning Mexican Peso has been stronger than typical against Swedish Krona recently. Versus the rate 90 days ago, Swedish Krona has weakened by 2.84% against Mexican Peso.
SEK/MXN Price History
Interactive SEK/MXN 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 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
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 SEK/MXN?
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/MXN the most?
The biggest scheduled catalysts are Riksbank decisions and Swedish CPI and Banxico decisions and US-Mexico trade headlines. 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 MXN at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market SEK/MXN 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/MXN rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market SEK/MXN 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 SEK and MXN
Country money guides, key terms, rate history, and articles related to SEK/MXN.
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)
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- 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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Exchange rates refresh hourly · Sourced from institutional-grade data providers