SEK to MAD - Convert Swedish Krona to Moroccan Dirham

Convert SEK to MAD using our currency converter with real exchange rate today

1 SEK = 0.974 MAD

1 MAD = 1.027 SEK

(Mid-market exchange rate)

Last updated Mar 01, 2024 08:42 GMT

Get the latest rates to send SEK to MAD

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SEK to MAD conversion chart

Below is the live and historical Swedish Krona to Moroccan Dirham rate chart so you can see today's rate - and how the rates have changed over time.

1 SEK = 0.974 MAD

1,000 Swedish Krona to Moroccan Dirham stats | SEK to MAD

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.98 0.98 0.992 0.999 0.98
Low 0.971 0.949 0.95 0.894 0.949
Average 0.976 0.965 0.969 0.952 0.965
Volatility 0.93% 3.27% 4.42% 11.74% 3.27%

What is the Swedish Krona worth against the Moroccan Dirham today?

1 SEK is worth 0.974 MAD today

How much is 1,000 SEK worth in MAD?

At the current exchange rate of 0.974 , a sum of 1,000 Swedish Krona is worth 974 Moroccan Dirham.

Which currency is stronger? SEK or MAD?

The Moroccan Dirham is currently stronger than the Swedish Krona given that 1 MAD is equal to 1.027 SEK. Conversely, 1 SEK is worth 0.974 MAD.

Overview of SEK to MAD Performance and Trends

Today, to buy 1,000 Swedish Krona, you need 974 Moroccan Dirham. On the same date last year, you needed 997 Moroccan Dirham for 1,000 Swedish Krona. This change indicates that the Swedish Krona has lost value against the Moroccan Dirham by 2.51% over the past year.

The pair experienced high volatility of 11.74%.

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

SEK to MAD Currency Performance and Volatility

Last 7 Days

  • Performance: kr1,000 varied between DH0.971 (weekly low) and DH0.98 (weekly high), a variance of DH0.009 .
  • Volatility: Fluctuated by 0.93%.

Last 30 Days

  • Performance: kr1,000 varied between DH0.949 (30-day low) to DH0.98 (30-day high), a variance of DH0.031 .
  • Volatility: Fluctuated by 3.27%.

Last 90 Days

  • Performance: kr1,000 varied between DH0.95 (90-day low) to DH0.992 (90-day high), a variance of DH0.042 .
  • Volatility: Fluctuated by 4.42%.

Last Year

  • Performance: kr1,000 ranged from DH0.894 (yearly low) to DH0.999 (yearly high), a variance of DH0.105 .
  • Volatility: Fluctuated by 11.74%.

SEK to MAD Forecast and trending

Is the Swedish Krona going up or down against the Moroccan Dirham?

Today's SEK to MAD exchange rate (0.973) is smaller compared to yesterday's rate (0.978).

Currency information

SEK - Swedish Krona

The currency code for Swedish Krona is SEK.

The SEK currency symbol is kr.

Minor unit: 1/100 = Öre

SEK rank by most traded currencies: 11

Avg proportion of daily world trade volume: 1.10%

SEK rank by strongest currencies (buying power): 52

The Swedish Krona is the currency of 1 countries:
Sweden

More Swedish Krona (SEK) information >

MAD - Moroccan Dirham

The currency code for Moroccan Dirham is MAD.

The MAD currency symbol is DH.

Minor unit: 1/100 = Centime

MAD rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

MAD rank by strongest currencies (buying power): 51

The Moroccan Dirham is the currency of 2 countries:
Morocco, Sahrawi Republic

More Moroccan Dirham (MAD) information >

Understanding SEK to MAD 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 Swedish Krona to Moroccan Dirham, to send a payment, for a trip overseas, when shopping online or to hold a balance in Moroccan Dirham.

How to convert SEK to MAD?

You can convert Swedish Krona to Moroccan Dirham 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 Moroccan Dirham 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 Swedish Krona 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 Moroccan Dirham 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 Swedish Krona you want to send, or the amount in Moroccan Dirham 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 Moroccan Dirham

How to get the best SEK to MAD 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 SEK to MAD exchange rate for your specific transaction.

Get to know the SEK/MAD 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 SEK/MAD 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 Swedish Krona and Moroccan Dirham. 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 Swedish Krona with Moroccan Dirham?

You'll be able to exchange Moroccan Dirham to Swedish Krona in the same way as you'd exchange Swedish Krona to Moroccan Dirham. If you have Moroccan Dirham 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 Moroccan Dirham. 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 Swedish Krona 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 SEK to MAD?

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.

Frequently asked questions when converting Swedish Krona to Moroccan Dirham (SEK to MAD)

How much is the Swedish Krona to Moroccan Dirham?

The Swedish Krona to Moroccan Dirham exchange rate today is 0.974 . Use this guide to learn more about exchanging SEK to MAD in the easiest and best value way for your specific needs.

How much is 1,000 Swedish Krona to the Moroccan Dirham?

The SEK to MAD rate today is 0.974 . That means that 1,000 Swedish Krona would be worth 974 Moroccan Dirham.

How to exchange Swedish Krona to Moroccan Dirham?

Exchange SEK to MAD in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including SEK to MAD.

How to send money to Morocco?

If you want to send money from the Sweden - or anywhere else in the world - to Morocco, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Morocco - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Moroccan Dirham and Swedish Krona on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Swedish Krona to Moroccan Dirham exchange rate with our handy tools, to help you compare your options.

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