Exchange Rate in Sweden
Consumer price inflation with a fixed interest rate (CPIF) eased to an 11-month low of 7.6% in April (March: 8.0%). Core inflation cooled to 8.4%—surprising the Riksbank on the downside. Tighter monetary policy and declining activity will further dampen inflation in 2023, although CPIF will exceed the Riksbank’s 2.0% target until H2 2024. Currency weakness is a risk.
Sweden Exchange Rate Chart
Sweden Exchange Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (SEK per USD, aop) | 8.5 | 8.7 | 9.5 | 9.2 | 8.6 |