USD/SEK: US Dollar vs Swedish Krona

• USD
• SEK

What USDSEK is

USDSEK is the price of the US dollar (USD) in Swedish krona (SEK). The dollar is the base currency and the krona is the quote currency. The price tells you how many kronor buy a single US dollar.

• If USD/SEK rises, the dollar has strengthened against the krona.
• If it falls, the krona has strengthened against the dollar.

USDSEK is usually grouped with the exotic or Scandinavian pairs rather than the majors. Compared with EUR/USD or USD/JPY, it trades in lower volume, and dealers usually quote a wider spread. For background, see majors, minors and exotics.

How to read the quote, pips and pip value

A forex quote has a bid (the price you sell at) and an ask (the price you buy at). The gap between them is the spread, which is your cost of entering the trade.

A pip is the standard unit of price change for a currency pair. Most platforms also show an extra digit (a "pipette"), so check the number of digits in the contract specification in your platform.

Pip value is how much money a move of a single pip is worth. For USDSEK:

• Pip value is first worked out in the quote currency, SEK.
• It is then converted into your account currency, such as USD, so the result changes as the USD/SEK rate moves.
• It grows with position size. A lot is the standard trade size, and pip value scales with the number of lots.

Use the calculator below to get the pip value for your lot size, in SEK and in your account currency:

What tends to move USD/SEK

The pair reflects two sides: news about the dollar and news about the krona. This is general market knowledge, not a forecast.

US dollar side

• Federal Reserve policy. Interest rate decisions, statements and the dot plot affect dollar demand. The dot plot is the chart of Fed officials' rate projections.
• US jobs data (NFP). The monthly non-farm payrolls report can cause sharp moves around its release.
• US inflation (CPI). Inflation data shapes expectations for Fed policy.
• Treasury yields. Higher US yields often support the dollar, and falling yields can weigh on it.
• Global risk appetite. In periods of stress, demand for the dollar often rises.

Swedish krona side

• Riksbank policy. Sweden's central bank sets the krona's policy rate. Its decisions and guidance directly affect SEK.
• The euro-area cycle. Sweden trades heavily with the euro area, so euro-area growth and ECB policy feed into the krona. EUR/SEK explained covers that cross.
• Global risk appetite. The krona is the currency of a small, open, export-oriented economy. It often weakens when markets turn risk-averse and recovers when sentiment improves.

To place these events on your own timeline, use an economic calendar and read fundamental analysis.

Liquidity by session and spread behaviour

• European session. Liquidity in SEK is usually best here, because Swedish and European banks are active.
• European and US overlap. This is often the most active window, with US data releases landing during it.
• Asian session and late US hours. Liquidity is thin, and spreads tend to widen.
• Around major news. Spreads can widen sharply, and prices can jump past stop orders.
• Weekends. Markets close, and the price can open on Monday far from Friday's close. This is called a gap, and exotic pairs are more exposed to it.

Exotic pairs also often carry higher swaps. A swap is the overnight financing charge or credit on a position held past the daily rollover. See swap fees.

USDSEK on Exness: what to check

We do not have a confirmed Exness specification for USDSEK. Before trading it, open the symbol list in your platform or the Exness personal area and check:

• whether USDSEK is offered on your account type,
• the current spread, commission, swap, contract size and lot limits,
• the trading hours.

If the pair is listed, some general Exness forex conditions apply:

• During higher margin requirement periods, forex leverage is 1:200 (0.5%).
• These periods cover orders opened from 15 minutes before to 90 seconds after high-impact news.
• Clients registered from Pakistan are assigned swap-free status automatically. This status depends on your trading activity and can be lost, so check its current terms. See Islamic finance.

Account conditions differ by type. Compare them in account types.

Legal position in Pakistan. On this point, 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 an account with any offshore broker.

Margin and risk

Margin is the amount your account sets aside to open a leveraged position. Higher leverage means less margin is needed, but each pip move then has a bigger effect on your balance relative to what you deposited.

Use the calculator to see the margin required at a given leverage:

Leveraged CFD and forex trading can lose money fast. On a thinly traded pair, wide spreads and gaps can make losses larger than you planned. Set your position size from the pip value and a stop distance you can accept. Risk management covers how to do this.

Frequent questions

Is there a USDSEK forecast on this page?

No. We do not publish forecasts, price levels or trade ideas. The page explains which factors tend to move the pair so you can follow them yourself.

What does "dollar krona" mean?

It is another name for USD/SEK: the US dollar priced in Swedish krona.

Why is the USDSEK spread wider than EUR/USD?

Trading volume in SEK is smaller, so dealers quote wider prices. Spreads widen further in quiet sessions and around news.

In which currency is the pip value of USDSEK?

It is in SEK first, then converted into your account currency. The pip calculator does both steps.

Is USDSEK available on Exness?

Check the symbol list in your platform or personal area. We cannot confirm its listing or specification here.

Does the Riksbank matter more than the Fed for this pair?

Both matter. Fed news drives the dollar side, and Riksbank and euro-area news drive the krona side. Global risk sentiment affects both.