Keeping track of the current Swedish Krona to Indian Rupee exchange rate can be vital whether you’re planning a trip to Sweden, sending money back home, or running a business that operates across Indian and Swedish markets. With daily fluctuations influenced by global markets, central bank policies, and economic data, knowing today’s rate helps you make informed decisions. As of today, the mid-market rate is approximately 1 SEK = â¹8.91. Understanding how rates vary and what drives them ensures you get the best possible value from every transaction.
What Is Today’s SEK to INR Rate?
The mid-market or interbank exchange rate, which represents the baseline value for currency conversion, stands at:
- 1 Swedish Krona = â¹8.91(mid-market)
On a larger scale, that amounts to:
- 10 SEK â â¹89.11
- 100 SEK â â¹891.07
- 500 SEK â â¹4,455.35
- 1,000 SEK â â¹8,910.71
This mid-market rate serves as a reference; actual rates offered may differ depending on the provider.
How Exchange Rates Vary by Provider
Different money exchange options in India may quote slightly different values based on their fees and margins:
- Online remittance platforms may offer promotional rates around â¹8.928.94 per SEK
- Banknote and forex card rates can vary between â¹8.90 and â¹9.11 per SEK
- Some apps or dealers may quote lower rates, such as â¹8.868.88 per SEK
The range seen today spans roughly â¹8.80 to â¹9.10 per SEK, depending on the service used.
Factors Driving Exchange Rate Fluctuations
Several factors influence why SEK to INR rates move daily:
Global and Monetary Policy Trends
The Swedish central bank’s interest rate decisions and global currency markets affect the krona’s value against the rupee.
Economic Performance
Sweden’s inflation, GDP growth, and exports play a role, as do India’s macroeconomic indicators like GDP, inflation, and reserves.
Market Sentiment and Risk Appetite
Investor confidence in emerging markets like India can shift the rupee’s strength, while safe-haven flows might support the krona.
Seasonal and Remittance Patterns
During travel seasons or holiday periods, currency demand may rise, impacting conversion rates.
Short-Term Trends and Volatility
Recent data reveal:
- 30-day high: â¹9.09; low: â¹8.84
- Weekly swings of around 24%
- 90-day high: â¹9.1165; low: â¹8.6544
Volatility remains moderate, indicating relatively stable trading conditions.
Where to Find the Best Rates
Online Platforms
- Apps like Wise, Revolut, OFX, and BookMyForex provide mid-market rates with low fees
- Money transfer services may feature promotional rates for first-time users (e.g., â¹8.928.94)
Physical Exchange Options
- Airport booths offer convenience but lower rates (~â¹8.808.90)
- Bank branches or licensed dealers may quote near market rates but include service fees
Tips to Maximize Currency Value
- Compare mid-market vs offered rates before any exchange
- Consider total cost, including hidden fees
- Use digital platforms for transparency and speed
- Avoid weekend or holiday exchanges when rates are fixed
- Monitor rate highs (â¹9.09) to time large exchanges efficiently
Practical Applications of SEKINR Rates
For Travellers
Tourists visiting Sweden should track rates beforehand and withdraw or convert rupees strategically to maximize value.
Sending Money Home
Indian residents abroad can benefit from remittance services offering favorable rates, impacting the INR value received.
Business Transactions
Companies importing goods from Sweden should monitor exchange trends and possibly use hedging tools to reduce risk.
Future Outlook
Looking ahead, the rate between SEK and INR will hinge on central bank moves, economic data from Sweden and India, and global interest and inflation trends. A strengthening krona or improving rupee fundamentals could shift the rate accordingly. Until then, expect the exchange range between â¹8.80 and â¹9.10, with occasional periods of higher volatility.
Today’s Swedish Krona to Indian Rupee rate sits at approximately â¹8.91 per SEK. Mid-market rates serve as a transparent benchmark, while actual conversion rates vary based on provider and timing. Keeping an eye on economic indicators, tracking daily fluctuations, and comparing service providers ensures better value. Whether you’re traveling, remitting, or trading, staying informed and strategic about SEKINR conversion can save money and optimize outcomes.