   USDSEK Price | SimpleFX: Free Trading & Investing App                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "USD/SEK", "description": "Trade USD/SEK with SimpleFX. Real-time forex trading with competitive spreads, and professional trading platform.", "identifier": "USDSEK", "category": "Forex", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/usdsek" }, "url": "https://basitfx.com/instruments/usdsek", "sameAs": [ "http://www.riksbank.se/en/" ], "offers": { "@type": "Offer", "price": 9.32349, "priceCurrency": "SEK", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.00221 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100000 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "SEK" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "USDSEK Trading", "description": "Learn how to trade USDSEK with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/usdsek" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Forex", "item": "https://basitfx.com/instruments/?category=forex" }, { "@type": "ListItem", "position": 4, "name": "USDSEK" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is USD/SEK (USDSEK) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "USD/SEK (USDSEK) is a forex CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on USDSEK?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on USDSEK at SimpleFX is 0.00221 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for USDSEK?", "acceptedAnswer": { "@type": "Answer", "text": "USDSEK can be traded with up to 1:1000 leverage on SimpleFX, which corresponds to a margin requirement of 0.10%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is USDSEK margined in?", "acceptedAnswer": { "@type": "Answer", "text": "USDSEK positions on SimpleFX are margined in SEK. Your account balance in SEK is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for USDSEK?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for USDSEK on SimpleFX is 100000. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   USDSEK

[USDSEK exchange rate](https://app.basitfx.com/instruments/USDSEK)
==================================================================

USD/SEK
-------

9.32165 SEK

+0 (+0.39%)

1H

4H

1D

1W

1MN

USDSEK Key Statistics
---------------------

Open price

9.29282

High today

9.33196

Low today

9.2837

52 Week high

9.915885

52 Week low

8.55012

##### Trading hours

\-12:00

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UTC 00:00

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UTC 00:00

Sunday

\-

Monday

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Tuesday

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Wednesday

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Thursday

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Friday

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Saturday

\-

##### Symbol trading specification

Description

USDSEK

Exchange

OTC

Base Currency

USD

Quote Currency

SEK

Contract size

100000

Margin

0.10%\*

\* for 1:1000 account leverage

Tick size

0.00001

Target Spread

0.00221

Stop levels

0

Swap - Buy

0.0010%

Swap - Sell

\-0.0077%

Minimum contract size

0.01

Maximum contract size

100

Type

Forex

[Trade USD/SEK](https://app.basitfx.com/instruments/USDSEK/chart)

### About USDSEK

**The US Dollar vs. Swedish Krona is a currency pair often traded on the forex market. The US dollar (USD) is the official currency of the United States of America and plays a prominent role in global trade. On the other hand, the Swedish Krona (SEK) is the official currency of Sweden, and the Sveriges Riksbank (Central Bank of Sweden) regulates it.**

#### What is USDSEK?

The USDSEK pair shows the exchange rate between the currencies. It tells about the number of SEKs a trader or investor needs to buy a USD. It has been traded on the forex market for a long time and shows moderate to high price fluctuations, also known as volatility. Moreover, it has lower liquidity than the major currency pair. But still, it maintains a reasonable liquidity level because of the traders' interest in the US and Swedish economies. Being an exotic pair, the trading volumes of the USDSEK pair are also low. However, it must be noted that the trading volume, volatility, and liquidity depend highly on the market conditions and the part of the day a trader trades the pair. Moreover, several other factors also directly impact the USDSEK exchange rate. The factors include the economic conditions of the US and Sweden, the price of exports, interest rates, and geopolitical conditions. It is essential for traders willing to know [how to invest in USDSEK](/how-to-invest-in/USDSEK) to understand these aspects and their impact on price fluctuations.

#### How does USDSEK work?

The currency pair works by trading on various platforms, like SimpleFX. First, the trader needs to open an account. SimpleFX provides a demo account where investors can learn [how to trade USDSEK](/how-to-trade/USDSEK). It gives access to the simulation of real-time market conditions without financial risks. The USDSEK works via buying and selling on the forex market. Traders use financial instruments and speculate on the exchange rate movement.

#### USDSEK price history

Investors can find a performance of USDSEK price in years 2018-2022 below:

**2018**

The year began with the USDSEK exchange rate at 8.1815 SEK and ended at 8.9335 SEK. The highest exchange rate of the year was 9.21 SEK on 15th August 2018, and 7.846 SEK was the lowest value on 1st February. The year's mean exchange rate was 8.7004 SEK.

**2019**

At the beginning of 2019, the USDSEK price was 8.8745 SEK; by the end, it rose to 9.3679 SEK. The year's maximum and minimum exchange rate value was 9.946 SEK on 9th October and 8.8675 SEK on 9th January, with a mean of 9.456 SEK.

**2020**

On 1st January 2020, the exchange rate was 9.346; by the year's end, it dropped to 8.2374 SEK. The highest exchange rate was 10.4429 SEK on 22nd March, and 8.1979 SEK was the lowest recorded on 30th December. However, the annual average exchange rate was 9.2071 SEK.

**2021**

The year started when the exchange rate was 8.2695 SEK and ended at 8.3814 SEK, with the best and the worst values of 9.1723 SEK on 18th December and 8.1579 SEK on 6th January, respectively. The year's mean value in 2021 was 8.5842 SEK.

**2022**

The year commenced with an exchange rate of 9.0497 SEK, and upon reaching the end, it stood at 10.4273 SEK. The outstanding value was 11.3736 SEK on 27th September, and the worst of 8.9317 SEK was recorded on 13th January. The annual mean for the entire year was 10.1198 SEK.

#### Current USDSEK price

The current **USDSEK price** is subject to fluctuation due to the volatility of the forex market. Investors can check it on the chart or the SimpleFX Webtrader platform.

#### Is USDSEK a good investment?

Whether USDSEK is a good investment depends on factors such as interest rates, monetary policies, geopolitical events, etc. The answer depends on analyzing these factors and the potential returns on investment. If the factors are also stable and there are more chances of return, this currency pair brings more interest from investors worldwide.

[Read more Close](#)

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