Swedish Krona
Sweden is one of seven EU member states that don’t use the euro. Its currency is the krona (SEK).
Founded in 1668, Sweden’s central bank – the Sveriges Riksbank – is the oldest of the countries we cover. It also has the third oldest population1 of the countries’ currencies we offer.
Sweden had historically been a net exporter through the mid-2010s. Since then, its balance of trade has been closer to zero. Its main exports are cars, refined oil, and medicines.
| GDP2 | $467 Billion USD |
| Major Exports3 | Cars, refined oil, medicine |
| Major Export Partners3 | Germany, Norway, U.S. |
| Budget Deficit4 | 0.7% |
| Trade Flows5 | -23.6 billion SEK |
1. https://www.cia.gov/the-world-factbook/field/age-structure/
2. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
4. https://tradingeconomics.com/country-list/government-budget?continent=world
5. https://tradingeconomics.com/country-list/balance-of-trade
6. https://tradingeconomics.com/country-list/labor-force-participation-rate?continent=world
7. https://tradingeconomics.com/sweden/labor-force-participation-rate
8. https://www.prosperity.com/rankings
9. https://tradingeconomics.com/country-list/households-debt-to-gdp
10. https://tradingeconomics.com/country-list/interest-rate?continent=world
11. https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?most_recent_value_desc=true
The Benefits of the Swedish Krona
labor force participation rate6 in the world
in the Legatum Prosperity Index8
participation rate7 trending higher over the past decade
Currency recently suffered from high inflation.
Eighth highest household debt to GDP9 in the world
Currently has the fifth lowest central bank interest rate10 (tied) of the countries’ currencies we offer
Experienced largest decrease in GDP11 of the countries’ currencies we offer
How to Buy the Swedish Krona
Currency CD
Most Popular
Term
3-month
6-month
9-month
1-year
Currency Deposit Account
$2,500 minimum initial trade per currency. After initial trade, no minimum trade amount required.
Balance Range
All Balances
Available Currencies
Need Support?
Coming Soon
Available Monday to Friday between 8:00 a.m. and 6:00 p.m. central time.
Stay Current with Battle Bank
FOREIGN CURRENCIES BY BATTLE BANK
Swedish Krona
Diversify your portfolio with foreign currencies.
