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Exchange rates last updated Friday, 16 November 2018 11:12:36 AM EST. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online sell rate will be used for conversions from US Dollars to a foreign currency.
The latest on the US dollar to Swedish krona rates
The lowdown on the Swedish krona
Swedish currency had encompassed several forms since the medieval period. The silver standard has been used twice, separated by a copper standard (1625 1745) and paper standard (1746 and 1776). From the 17th century to 1873, Swedish currency was called Riksdaler.
The Swedish krona was first established when the country agreed to join Denmark and Norway in the Scandinavian Monetary Union (SMU) in 1873. For the first time in the currency’s existence, it made use of a gold standard, and pegged itself on par with the other SMU currencies. When the monetary union was disbanded in 1914, Sweden decided to maintain the gold standard.
Historic US dollar to Swedish krona rates
Historically, the Swedish Krona reached an all time high of 11.03 in June of 2001 and a record low of 3.87 in March of 1975