EUR/SEK explained

• EUR
• SEK

What EUR/SEK is

EUR/SEK (often written EURSEK) is the price of one euro in Swedish krona. The euro is the base currency and the krona (SEK) is the quote currency.

• When EUR/SEK rises, one euro buys more kronor: the euro is stronger against the krona.
• When it falls, the krona is stronger against the euro.

EUR/SEK is usually grouped with the less traded crosses and exotics, not with the majors. See Majors, minors, exotics for how these groups differ. Its Scandinavian neighbour EUR/NOK and the dollar pair USD/SEK are often read alongside it.

How to read the quote

A broker shows two prices:

• Bid: the price at which you can sell euros for kronor.
• Ask: the price at which you can buy euros with kronor.

The gap between them is the spread, which is your cost of entering. Because the price is in kronor, any profit or loss on EUR/SEK is first calculated in SEK. It is then converted into your account currency, such as USD or PKR.

Pip size and pip value per lot

A pip is the standard price step used to measure moves in a currency pair. A lot is the trade size; a standard lot is a fixed amount of the base currency, here euros.

Pip value on EUR/SEK works like this:

1. Multiply the pip size by the contract size. This gives the pip value in SEK.
2. Convert that SEK amount into your account currency at the current exchange rate.

The pip value in your account currency changes as SEK rates change, even if your lot size stays the same. Use the calculator below with your lot size instead of a fixed rule of thumb.

What tends to move EUR/SEK

Euro side

• ECB policy: decisions and guidance from the European Central Bank on interest rates.
• Euro-area inflation: price data that shape expectations for ECB moves.
• PMIs: purchasing managers' surveys that give an early read on business activity.
• German data: Germany is the largest euro-area economy, so its industrial and sentiment figures matter.
• Energy prices: Europe imports much of its energy, so gas and oil prices affect growth and inflation in the euro area.

Swedish krona side

• Riksbank policy: rate decisions and statements from Sweden's central bank.
• The euro-area cycle: Sweden trades heavily with the euro area, so weaker European demand can weigh on the krona.
• Global risk appetite: the krona is a small, open-economy currency. It has often weakened when markets turn risk-averse and strengthened when risk appetite improves.

An economic calendar helps you see when these releases are due. Exness offers one on the website and in the Exness Trade app. For background on reading data, see Fundamental analysis.

Liquidity by session and how spreads behave

Both currencies are European, so most trading volume comes during European hours:

• European session: usually the deepest liquidity and the tightest spreads for this pair.
• Overlap with the US session: activity often stays reasonable.
• Asian session and late US hours: thinner trading, so spreads tend to widen.
• Daily rollover and around major news: spreads can widen sharply for a short time.

Pairs like EUR/SEK often carry wider spreads and higher swaps than majors. A swap is the overnight financing charge or credit on a position held past the daily rollover. They also carry weekend gap risk: the price can open on Monday far from Friday's close, and a stop-loss may fill at a worse price than set. See Swap fees and Risk management.

EUR/SEK at Exness: what to check

We have no sourced Exness specification for EUR/SEK, so this page does not state whether the pair is listed, or its spread, swap, contract size or leverage. Open the symbol list in your trading platform or check the current condition in the Exness personal area or on the official site. Check these points:

• whether EURSEK appears for your account type;
• contract size, digits and minimum and maximum volume;
• typical spread, commission and swap;
• margin requirements, including any higher margin around news.

On swaps, Exness states that "clients registered from Islamic countries are assigned swap-free status automatically", and Pakistan is on that list. Confirm how this applies to your account and to this instrument in the personal area. More detail is in Islamic finance.

Margin for a EUR/SEK position

Margin is the amount of your funds locked to open a leveraged position. Higher leverage lowers the margin required. It does not reduce the size of your exposure, so gains and losses still move with the full position. Use the calculator to see the margin for your lot size and leverage.

Leveraged forex and CFD trading can lose money fast, including the whole amount in the account. Size positions so that a gap or a spread spike does not wipe out your account.

Legal note for Pakistan

On residents buying offshore products, per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. On payments, per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Read Law and regulators before opening any offshore account.

Frequently asked questions

What does EUR/SEK show?

It shows how many Swedish kronor one euro costs. A rising price means a stronger euro against the krona.

Is EUR/SEK a major pair?

No. It is a less traded pair. Spreads and swaps are usually wider than on majors such as EUR/USD.

When is EURSEK trading most liquid?

Usually during European hours, when both the euro and krona markets are active.

How do I find the pip value?

Multiply the pip size by the contract size to get the value in SEK, then convert it to your account currency. The pip calculator on this page does this for you.

Does Exness list EUR/SEK?

This page has no sourced confirmation. Check the symbol list and specification in the platform or the Exness personal area.

Why can EUR/SEK gap over the weekend?

News can come out while the market is closed. Prices then reopen at a new level, which can skip past stop-loss orders.