International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden
Swedish Krona, Monthly, Seasonally Adjusted
XTNTVA01SEM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,831,978,000.00
Year-over-Year Change
164.33%
Date Range
1/1/1955 - 6/1/2025
Summary
The Swedish Krona, Monthly, Seasonally Adjusted trend tracks the monthly exchange rate between the Swedish Krona and the U.S. Dollar, adjusted for seasonal factors.
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
This exchange rate trend is a key economic indicator used by policymakers, analysts, and international businesses to assess Sweden's economic performance and trade dynamics. It reflects the relative strength of the Swedish currency against the U.S. Dollar.
Methodology
The data is collected and calculated by the Federal Reserve based on market exchange rates.
Historical Context
The Swedish Krona exchange rate has implications for Sweden's import/export competitiveness and the spending power of Swedish consumers and businesses.
Key Facts
- Sweden is the 5th largest economy in the European Union.
- The Swedish Krona is the 11th most traded currency globally.
- The Krona has fluctuated between 8-10 per U.S. Dollar over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Swedish Krona, Monthly, Seasonally Adjusted trend measures the monthly exchange rate between the Swedish Krona and the U.S. Dollar, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate trend is a key indicator for assessing Sweden's economic performance and trade dynamics, with implications for import/export competitiveness and consumer/business spending 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, analysts, and international businesses use the Swedish Krona exchange rate to inform decisions around trade, monetary policy, and global business operations.
Q: Are there update delays or limitations?
A: The Swedish Krona exchange rate data is published monthly with minimal delays, providing timely insights into Sweden's economic conditions.
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Citation
U.S. Federal Reserve, Swedish Krona, Monthly, Seasonally Adjusted (XTNTVA01SEM664S), retrieved from FRED.