International Merchandise Trade Statistics: Imports: Commodities for Sweden
Swedish Krona, Quarterly, Seasonally Adjusted
XTIMVA01SEQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
486,808,800,000.00
Year-over-Year Change
-5.51%
Date Range
1/1/1955 - 4/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted exchange rate between the Swedish krona and the U.S. dollar. It is a key indicator for analyzing Swedish economic conditions and international trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Swedish krona (SEK) exchange rate provides insights into the relative strength and purchasing power of the Swedish currency. This data series offers a standardized, regularly updated metric for evaluating the krona's performance against the U.S. dollar, which is widely used in global commerce and finance.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and analysts use this exchange rate trend to assess Sweden's macroeconomic health and international competitiveness.
Key Facts
- The Swedish krona is the official currency of Sweden.
- Sweden is a major exporter of machinery, motor vehicles, and telecommunications equipment.
- The krona exchange rate is influenced by Sweden's trade balance, inflation, and interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted exchange rate between the Swedish krona (SEK) and the U.S. dollar (USD).
Q: Why is this trend relevant for users or analysts?
A: The krona exchange rate is a key indicator of Sweden's economic conditions and international trade dynamics, providing insights into the country's competitiveness and purchasing power.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this exchange rate trend to assess Sweden's macroeconomic health and international competitiveness, which informs trade, monetary, and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Swedish Krona, Quarterly, Seasonally Adjusted (XTIMVA01SEQ664S), retrieved from FRED.