20 SEK = 34.96 ZAR
21 SEK = 36.71 ZAR. 22 SEK = 38.46 ZAR. 23 SEK = 40.21 ZAR. 24 SEK = 41.96 ZAR. 25 SEK = 43.71 ZAR. 26 SEK = 45.45 ZAR. 27 SEK = 47.20 ZAR. 28 SEK = 48.95 ZAR. 29 SEK = 50.70 ZAR.
30 SEK = 52.45 ZAR
31 SEK = 54.19 ZAR. 32 SEK = 55.94 ZAR. 33 SEK = 57.69 ZAR. 34 SEK = 59.44 ZAR. 35 SEK = 61.19 ZAR. 36 SEK = 62.94 ZAR. 37 SEK = 64.68 ZAR. 38 SEK = 66.43 ZAR. 39 SEK = 68.18 ZAR.
40 SEK = 69.93 ZAR
41 SEK = 71.68 ZAR. 42 SEK = 73.42 ZAR. 43 SEK = 75.17 ZAR. 44 SEK = 76.92 ZAR. 45 SEK = 78.67 ZAR. 46 SEK = 80.42 ZAR. 47 SEK = 82.17 ZAR. 48 SEK = 83.91 ZAR. 49 SEK = 85.66 ZAR.
50 SEK = 87.41 ZAR
51 SEK = 89.16 ZAR. 52 SEK = 90.91 ZAR. 53 SEK = 92.65 ZAR. 54 SEK = 94.40 ZAR. 55 SEK = 96.15 ZAR. 56 SEK = 97.90 ZAR. 57 SEK = 99.65 ZAR. 58 SEK = 101.40 ZAR. 59 SEK = 103.14 ZAR.
60 SEK = 104.89 ZAR
61 SEK = 106.64 ZAR. 62 SEK = 108.39 ZAR. 63 SEK = 110.14 ZAR. 64 SEK = 111.88 ZAR. 65 SEK = 113.63 ZAR. 66 SEK = 115.38 ZAR. 67 SEK = 117.13 ZAR. 68 SEK = 118.88 ZAR. 69 SEK = 120.63 ZAR.
70 SEK = 122.37 ZAR
71 SEK = 124.12 ZAR. 72 SEK = 125.87 ZAR. 73 SEK = 127.62 ZAR. 74 SEK = 129.37 ZAR. 75 SEK = 131.12 ZAR. 76 SEK = 132.86 ZAR. 77 SEK = 134.61 ZAR. 78 SEK = 136.36 ZAR. 79 SEK = 138.11 ZAR.
80 SEK = 139.86 ZAR
81 SEK = 141.60 ZAR. 82 SEK = 143.35 ZAR. 83 SEK = 145.10 ZAR. 84 SEK = 146.85 ZAR. 85 SEK = 148.60 ZAR. 86 SEK = 150.35 ZAR. 87 SEK = 152.09 ZAR. 88 SEK = 153.84 ZAR. 89 SEK = 155.59 ZAR.
90 SEK = 157.34 ZAR
91 SEK = 159.09 ZAR. 92 SEK = 160.83 ZAR. 93 SEK = 162.58 ZAR. 94 SEK = 164.33 ZAR. 95 SEK = 166.08 ZAR. 96 SEK = 167.83 ZAR. 97 SEK = 169.58 ZAR. 98 SEK = 171.32 ZAR. 99 SEK = 173.07 ZAR.
100 SEK = 174.82 ZAR
110 SEK = 192.30 ZAR. 120 SEK = 209.78 ZAR. 130 SEK = 227.27 ZAR. 140 SEK = 244.75 ZAR. 150 SEK = 262.23 ZAR. 160 SEK = 279.71 ZAR. 170 SEK = 297.19 ZAR. 180 SEK = 314.68 ZAR. 190 SEK = 332.16 ZAR.
200 SEK = 349.64 ZAR
210 SEK = 367.12 ZAR. 220 SEK = 384.60 ZAR. 230 SEK = 402.09 ZAR. 240 SEK = 419.57 ZAR. 250 SEK = 437.05 ZAR. 260 SEK = 454.53 ZAR. 270 SEK = 472.01 ZAR. 280 SEK = 489.50 ZAR. 290 SEK = 506.98 ZAR.
300 SEK = 524.46 ZAR
310 SEK = 541.94 ZAR. 320 SEK = 559.42 ZAR. 330 SEK = 576.91 ZAR. 340 SEK = 594.39 ZAR. 350 SEK = 611.87 ZAR. 360 SEK = 629.35 ZAR. 370 SEK = 646.84 ZAR. 380 SEK = 664.32 ZAR. 390 SEK = 681.80 ZAR.
400 SEK = 699.28 ZAR
410 SEK = 716.76 ZAR. 420 SEK = 734.25 ZAR. 430 SEK = 751.73 ZAR. 440 SEK = 769.21 ZAR. 450 SEK = 786.69 ZAR. 460 SEK = 804.17 ZAR. 470 SEK = 821.66 ZAR. 480 SEK = 839.14 ZAR. 490 SEK = 856.62 ZAR.
500 SEK = 874.10 ZAR
510 SEK = 891.58 ZAR. 520 SEK = 909.07 ZAR. 530 SEK = 926.55 ZAR. 540 SEK = 944.03 ZAR. 550 SEK = 961.51 ZAR. 560 SEK = 978.99 ZAR. 570 SEK = 996.48 ZAR. 580 SEK = 1,013.96 ZAR. 590 SEK = 1,031.44 ZAR.
600 SEK = 1,048.92 ZAR
610 SEK = 1,066.40 ZAR. 620 SEK = 1,083.89 ZAR. 630 SEK = 1,101.37 ZAR. 640 SEK = 1,118.85 ZAR. 650 SEK = 1,136.33 ZAR. 660 SEK = 1,153.81 ZAR. 670 SEK = 1,171.30 ZAR. 680 SEK = 1,188.78 ZAR. 690 SEK = 1,206.26 ZAR.
700 SEK = 1,223.74 ZAR
710 SEK = 1,241.22 ZAR. 720 SEK = 1,258.71 ZAR. 730 SEK = 1,276.19 ZAR. 740 SEK = 1,293.67 ZAR. 750 SEK = 1,311.15 ZAR. 760 SEK = 1,328.63 ZAR. 770 SEK = 1,346.12 ZAR. 780 SEK = 1,363.60 ZAR. 790 SEK = 1,381.08 ZAR.
800 SEK = 1,398.56 ZAR
810 SEK = 1,416.04 ZAR. 820 SEK = 1,433.53 ZAR. 830 SEK = 1,451.01 ZAR. 840 SEK = 1,468.49 ZAR. 850 SEK = 1,485.97 ZAR. 860 SEK = 1,503.45 ZAR. 870 SEK = 1,520.94 ZAR. 880 SEK = 1,538.42 ZAR. 890 SEK = 1,555.90 ZAR.
900 SEK = 1,573.38 ZAR
910 SEK = 1,590.86 ZAR. 920 SEK = 1,608.35 ZAR. 930 SEK = 1,625.83 ZAR. 940 SEK = 1,643.31 ZAR. 950 SEK = 1,660.79 ZAR. 960 SEK = 1,678.27 ZAR. 970 SEK = 1,695.76 ZAR. 980 SEK = 1,713.24 ZAR. 990 SEK = 1,730.72 ZAR.
1000 SEK = 1,748.20 ZAR
1100 SEK = 1,923.02 ZAR. 1200 SEK = 2,097.84 ZAR. 1300 SEK = 2,272.66 ZAR. 1400 SEK = 2,447.48 ZAR. 1500 SEK = 2,622.30 ZAR. 1600 SEK = 2,797.12 ZAR. 1700 SEK = 2,971.94 ZAR. 1800 SEK = 3,146.77 ZAR. 1900 SEK = 3,321.59 ZAR.
2000 SEK = 3,496.41 ZAR
2100 SEK = 3,671.23 ZAR. 2200 SEK = 3,846.05 ZAR. 2300 SEK = 4,020.87 ZAR. 2400 SEK = 4,195.69 ZAR. 2500 SEK = 4,370.51 ZAR. 2600 SEK = 4,545.33 ZAR. 2700 SEK = 4,720.15 ZAR. 2800 SEK = 4,894.97 ZAR. 2900 SEK = 5,069.79 ZAR.
3000 SEK = 5,244.61 ZAR
3100 SEK = 5,419.43 ZAR. 3200 SEK = 5,594.25 ZAR. 3300 SEK = 5,769.07 ZAR. 3400 SEK = 5,943.89 ZAR. 3500 SEK = 6,118.71 ZAR. 3600 SEK = 6,293.53 ZAR. 3700 SEK = 6,468.35 ZAR. 3800 SEK = 6,643.17 ZAR. 3900 SEK = 6,817.99 ZAR.
4000 SEK = 6,992.81 ZAR
4100 SEK = 7,167.63 ZAR. 4200 SEK = 7,342.45 ZAR. 4300 SEK = 7,517.27 ZAR. 4400 SEK = 7,692.09 ZAR. 4500 SEK = 7,866.91 ZAR. 4600 SEK = 8,041.73 ZAR. 4700 SEK = 8,216.55 ZAR. 4800 SEK = 8,391.37 ZAR. 4900 SEK = 8,566.19 ZAR.
5000 SEK = 8,741.01 ZAR
5100 SEK = 8,915.83 ZAR. 5200 SEK = 9,090.66 ZAR. 5300 SEK = 9,265.48 ZAR. 5400 SEK = 9,440.30 ZAR. 5500 SEK = 9,615.12 ZAR. 5600 SEK = 9,789.94 ZAR. 5700 SEK = 9,964.76 ZAR. 5800 SEK = 10,139.58 ZAR. 5900 SEK = 10,314.40 ZAR.
6000 SEK = 10,489.22 ZAR
6100 SEK = 10,664.04 ZAR. 6200 SEK = 10,838.86 ZAR. 6300 SEK = 11,013.68 ZAR. 6400 SEK = 11,188.50 ZAR. 6500 SEK = 11,363.32 ZAR. 6600 SEK = 11,538.14 ZAR. 6700 SEK = 11,712.96 ZAR. 6800 SEK = 11,887.78 ZAR. 6900 SEK = 12,062.60 ZAR.
7000 SEK = 12,237.42 ZAR
7100 SEK = 12,412.24 ZAR. 7200 SEK = 12,587.06 ZAR. 7300 SEK = 12,761.88 ZAR. 7400 SEK = 12,936.70 ZAR. 7500 SEK = 13,111.52 ZAR. 7600 SEK = 13,286.34 ZAR. 7700 SEK = 13,461.16 ZAR. 7800 SEK = 13,635.98 ZAR. 7900 SEK = 13,810.80 ZAR.
8000 SEK = 13,985.62 ZAR
8100 SEK = 14,160.44 ZAR. 8200 SEK = 14,335.26 ZAR. 8300 SEK = 14,510.08 ZAR. 8400 SEK = 14,684.90 ZAR. 8500 SEK = 14,859.72 ZAR. 8600 SEK = 15,034.55 ZAR. 8700 SEK = 15,209.37 ZAR. 8800 SEK = 15,384.19 ZAR. 8900 SEK = 15,559.01 ZAR.
9000 SEK = 15,733.83 ZAR
9100 SEK = 15,908.65 ZAR. 9200 SEK = 16,083.47 ZAR. 9300 SEK = 16,258.29 ZAR. 9400 SEK = 16,433.11 ZAR. 9500 SEK = 16,607.93 ZAR. 9600 SEK = 16,782.75 ZAR. 9700 SEK = 16,957.57 ZAR. 9800 SEK = 17,132.39 ZAR. 9900 SEK = 17,307.21 ZAR.
10000 SEK = 17,482.03 ZAR
10100 SEK = 17,656.85 ZAR. 10200 SEK = 17,831.67 ZAR. 10300 SEK = 18,006.49 ZAR. 10400 SEK = 18,181.31 ZAR. 10500 SEK = 18,356.13 ZAR. 10600 SEK = 18,530.95 ZAR. 10700 SEK = 18,705.77 ZAR. 10800 SEK = 18,880.59 ZAR. 10900 SEK = 19,055.41 ZAR.
11000 SEK = 19,230.23 ZAR
11100 SEK = 19,405.05 ZAR. 11200 SEK = 19,579.87 ZAR. 11300 SEK = 19,754.69 ZAR. 11400 SEK = 19,929.51 ZAR. 11500 SEK = 20,104.33 ZAR. 11600 SEK = 20,279.15 ZAR. 11700 SEK = 20,453.97 ZAR. 11800 SEK = 20,628.79 ZAR. 11900 SEK = 20,803.61 ZAR.
12000 SEK = 20,978.44 ZAR
12100 SEK = 21,153.26 ZAR. 12200 SEK = 21,328.08 ZAR. 12300 SEK = 21,502.90 ZAR. 12400 SEK = 21,677.72 ZAR. 12500 SEK = 21,852.54 ZAR. 12600 SEK = 22,027.36 ZAR. 12700 SEK = 22,202.18 ZAR. 12800 SEK = 22,377.00 ZAR. 12900 SEK = 22,551.82 ZAR.
13000 SEK = 22,726.64 ZAR
13100 SEK = 22,901.46 ZAR. 13200 SEK = 23,076.28 ZAR. 13300 SEK = 23,251.10 ZAR. 13400 SEK = 23,425.92 ZAR. 13500 SEK = 23,600.74 ZAR. 13600 SEK = 23,775.56 ZAR. 13700 SEK = 23,950.38 ZAR. 13800 SEK = 24,125.20 ZAR. 13900 SEK = 24,300.02 ZAR.
14000 SEK = 24,474.84 ZAR
14100 SEK = 24,649.66 ZAR. 14200 SEK = 24,824.48 ZAR. 14300 SEK = 24,999.30 ZAR. 14400 SEK = 25,174.12 ZAR. 14500 SEK = 25,348.94 ZAR. 14600 SEK = 25,523.76 ZAR. 14700 SEK = 25,698.58 ZAR. 14800 SEK = 25,873.40 ZAR. 14900 SEK = 26,048.22 ZAR.
15000 SEK = 26,223.04 ZAR
Currency graphs have been hyperactive with high jumps and low dips lately. This fluctuation is normal and is governed by supply and demand.
Currency exchange involves the buying and selling of the world's monies vis-à-vis any other commodity. If the need for a particular country's currency is high, the high demand leads to a higher forex rate, and vice versa.
Just like the demand and supply of oil is influenced by the number of vehicles on the road or the technological efficiency in the production of that oil, money has similar determinants.
They range from monetary policies to politics and other factors that affect the economy.
Inflation rates are direct indicators of the purchasing power of a country's currency. If the inflation rate is high in your country, you might need more money to buy a cup of coffee now than you did last year. If it is low, the same cup of coffee will cost surprisingly lower.
High inflation rates indicate a weakening economy, while low inflation rates denote a strengthening economy. Currency values rise when the inflation rate is lower, and the economy is stronger. They fall when inflation rises.
Economy and politics are tied at the hip. Bad political temperatures can lead to the weakening of a country's currency and cause it to trade for less in the forex market. That is why you find that 1 USD can be worth thousands in countries with unstable politics from Venezuela to Zimbabwe. When politics is bad, it destroys the business environment and productivity, leading to a weaker economy.
Politically sound countries, on the other hand, have an encouraging environment for investors and innovators. Their economy gets stronger, and the demand for their currencies increases. However, even politically stable countries can have rapid changes in exchange rates when nearing an election.
Higher interest rate is another investor magnet. Let's say country A has a higher interest rate than country B. Lenders get high rates and investors are guaranteed a higher return on their investments in country A. This country will, therefore, attract more business from the outside and entrepreneurship from the inside than country B which has lower interest’s rates. The economy of country A will outperform that of country B, and it will see its currency value appreciate significantly.
International trade affects the balance of trade between country A and B. It shows interest, dividend, and earnings made from the exchange of goods between those two countries. Country A would have a deficit of its buying more of country B's products.
This country would spend more currency than it receives from trading with country B. The excess demand for country B's currency drives up its value because it starts to become scarce. On the other hand, country A's currency value will start to decline because the world is oversupplied with it.
Countries that operate on a deficit budget spend more than they make (collect in taxes). These countries often turn to internal or international borrowing to fill the gap in their finances and stimulate the economy.
However, that can lead to a massive public debt that discourages foreign investors and domestic entrepreneurs because large public debt drives up inflation and minimize returns on investment. The economy of such a country takes on a downturn. That eventuality leads to a weaker currency and a lower exchange rate.
Much of the whipsawing currently happening in the Forex market is linked to the coronavirus. Health disasters like these wreak havoc to a country's economy and make it impossible to work. A lot of resources are directed towards the health issue, while other areas of the economy suffer.
When it comes to ailments like influenza, malaria, and HIV AIDs, developed countries, have created better response strategies and lowered their infection rates. These countries boast of better economies as a result, and higher exchange rates in the Forex market.
But for a new epidemic that is affecting all parts of the world equally, exchange rates are dropping and rising based on individual country's response measures, death tolls, and progress in developing a cure vaccine.
Countless factors affect the demand and supply of a country's currency and in turn, the exchange rate. It all boils down to economic productivity and stability. Countries with stronger or strengthening economies will have a higher exchange rate (you will buy more foreign currency with their money) compared to countries with weaker or weakening economies.