What is the Canadian Dollar worth against the Swedish Krona today?

1 CAD is worth 7.933 SEK today

How much is 5 CAD worth in SEK?

At the current exchange rate of 7.933 , a sum of 5 Canadian Dollar is worth 39.665 Swedish Krona.

Which currency is stronger? CAD or SEK?

The Canadian Dollar is currently stronger than the Swedish Krona given that 1 CAD is equal to 7.933 SEK. Conversely, 1 SEK is worth 0.126 CAD.

Overview of CAD to SEK Performance and Trends

Today, to buy 5 Canadian Dollar, you need 39.665 Swedish Krona. On the same date last year, you needed 38.58 Swedish Krona for 5 Canadian Dollar. This change indicates that the Canadian Dollar has become stronger against the Swedish Krona by 2.37% over the past year.

The pair experienced high volatility of 10.75%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

CAD to SEK Currency Performance and Volatility

Last 7 Days

• Performance: $5 varied between kr7.754 (weekly low) and kr7.932 (weekly high), a variance of kr0.178 .
• Volatility: Fluctuated by 2.3%.

Last 30 Days

• Performance: $5 varied between kr7.651 (30-day low) to kr7.97 (30-day high), a variance of kr0.319 .
• Volatility: Fluctuated by 4.17%.

Last 90 Days

• Performance: $5 varied between kr7.573 (90-day low) to kr7.927 (90-day high), a variance of kr0.354 .
• Volatility: Fluctuated by 4.67%.

Last Year

• Performance: $5 ranged from kr7.513 (yearly low) to kr8.321 (yearly high), a variance of kr0.808 .
• Volatility: Fluctuated by 10.75%.

CAD to SEK Forecast and trending

Is the Canadian Dollar going up or down against the Swedish Krona?

Today's CAD to SEK exchange rate (7.894) is higher compared to yesterday's rate (7.891).

Understanding CAD to SEK Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Canadian Dollar to Swedish Krona, to send a payment, for a trip overseas, when shopping online or to hold a balance in Swedish Krona.

How to convert CAD to SEK?

You can convert Canadian Dollar to Swedish Krona either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Swedish Krona in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

• Choose an exchange service that suits your needs
• Head there with the money in Canadian Dollar cash to exchange
• Get a quote for the exchange rate and any commission or fee you need to pay
• Hand over your money and receive your Swedish Krona in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

• Choose an international payment service that suits your needs and head to their desktop site, or download their app
• Tap Send Payment
• Enter the amount in Canadian Dollar you want to send, or the amount in Swedish Krona you want your recipient to get in the end
• You'll be shown a quote for the exchange rate and any commission or fee you need to pay
• Choose your preferred payment method, and follow the prompts to pay
• Your money will be deposited to your recipient's bank account directly, in Swedish Krona

How to get the best CAD to SEK exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best CAD to SEK exchange rate for your specific transaction.

Get to know the CAD/SEK mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the CAD/SEK mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Canadian Dollar and Swedish Krona. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Canadian Dollar with Swedish Krona?

You'll be able to exchange Swedish Krona to Canadian Dollar in the same way as you'd exchange Canadian Dollar to Swedish Krona. If you have Swedish Krona in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Swedish Krona. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Canadian Dollar in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange CAD to SEK?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.