International money transfers at excellent exchange rates and great customer support.
In our FAQ section you can find answers to some questions you might have regarding our service.
Need to send money immediately? Want to wait until the exchange rate has improved? UKForex offers a range of options so you get the best deal.
UKForex specialises in offering corporate customers the exchange rates, risk management products and service usually reserved for large companies only.
Have the ability to offer a world class, online international payments solution to your staff members and customers.
Book and track your international money transfers all from the palm of your hand!
Free online currency calculator for over 50 currencies.
Compare up to five pairs of currency exchange rates. Get free charts, news and commentary.
Check out seasonal patterns, long term charts, raw data, period average exchange rates and much more.
View live currency exchange rates and charts for major currency pairs.
Check out the exchange rates our customers receive versus the interbank rate.
Get daily, in-depth currency analysis from Alex Edwards, Head of Corporate Desk at UKForex.
The latest currency market news brought to you by Reuters.
Weekly currency news recap and outlook on the week ahead.
Real-time economic calendar with upcoming events and data releases that can influence currency markets
A currency encyclopaedia, glossary of foreign exchange terms and key industry terms & acronyms.
All you need to know about Brexit and it's impact on GBP/EUR exchange rate.
Save money with UKForex with our excellent exchange rates and £0 fees.
The safety of your money is an important part of our business.
UKForex is regulated by the Financial Conduct Authority (FCA).
Transfer funds in over 50 currencies, from GBP to ZAR. Check our supported currencies list for the currency you need.
Watch this short video and see how easy it is to send money overseas.
Guide on how long your funds will take to arrive when using UKForex.
How we protect you and how to protect yourself
Since its launch in 2005, UKForex has grown to be one of the world’s largest international money transfer companies.
We are an innovative and dynamic business that offers unique opportunities to the right people.
Add a profitable revenue stream to your website or business by partnering with us. Thousands of websites are already doing it.
Read what our customers have to say about us.
Detailed information about our regulatory and legal environment.
Contact us 24 hours a day, 7 days a week.
Visit our Media Centre to read published articles and press releases.
Find answers to any query you might have regarding overseas money transfers in our FAQ section.
The Swedish Krona has been the currency of Sweden since 1873, replacing the Riksdaler. The Swedish Krona came into existence after Sweden agreed to join the Scandinavian Monetary Union alongside Denmark and Norway. These three countries fixed their respective currencies against gold on par with one another to create monetary stability. This union lasted until the end of World War I when the union disbanded. All three countries kept the name of their respective currencies, which means “crown” in English.
Sweden was required to join the Eurozone according to the 1995 Accession Treaty and was therefore supposed to convert to the Euro. However, a referendum held in 2003 showed 56% of voters opposed the adoption of the new common European currency. According to more recent polls, 55% of Swedes continue to oppose adopting the Euro in Sweden.
The Swedish Krona had been relatively stable against most major currencies since November of 1992, when a managed float currency regime began. Nevertheless, the Krona’s exchange rate against the Euro began declining precipitously in the latter part of 2008, when its value dropped about 20 percent.
This notable fall was largely attributed to the Swedish Riksbank having significantly lowered interest rates at the time. The Krona subsequently appreciated substantially versus the Euro in the wake of the European sovereign debt crisis.
The Swedish Krona is the 9th most traded currency in the foreign exchange market, accounting for 2.2% of daily market trading volume.
The Swedish Krona trades most actively against the Euro as the counter currency in the EUR/SEK currency pair. The Swedish Krona is sometimes informally referred to as the Swede in the FX market, but it is typically called the Swedish Krona by FX traders.
Furthermore, due to Sweden’s relatively stable economy and good credit standing, The Swedish Krona is commonly considered a stable currency. Nevertheless, since Sweden is a net importer of oil and other key commodities, the Swedish Krona’s value can suffer when the prices of such commodities rise.
Currency Name: The Swedish Krona
Currency Code: SEK
Currency Symbol: kr
Central Bank: The Swedish Riksbank
Countries Used In: Sweden
Major Unit: One Swedish Krona
Minor Unit: One öre (discontinued) = 1/100 of one Swedish Krona
Note Denominations: 20kr, 50kr, 100kr, 200kr, 500kr and 1000kr
Coin Denominations: 1kr, 5kr and 10kr
Send money overseas at better rates than the banks.
Internet Explorer 10
You are using Internet Explorer 10 and you are going to be redirected to a page that does not support Internet Explorer 10.
You will need to change you browser's compatibility mode as per the following link.
Cookies are small text files that are stored on an internet user's computer memory.
Cookies allow websites to respond to you as an individual by gathering and remembering information about your preferences. Without cookies, a website would not be able to keep track of what you did before and would treat you like a new visitor every time you browse to a different page.
It is important to note that cookies are not dangerous.
They are one of the most basic web technologies and are used by most websites.
These cookies enable services you have asked for and are critical to the functionality of the site. This information is not used for advertising on other sites.
These cookies collect anonymous information on the pages visited. This information is not used for advertising on other sites.
These cookies help us understand how customers are using our site and are only used to help improve our site experience. This information is not used for advertising on other sites.
These cookies share information about your browsing habits with 3rd parties to help make advertising relevant to you and your interests.
UKForex is rated 4.5 stars by Trustpilot based on 125 reviews.
IMPORTANT: Use of this website is subject to the Website Terms. Use of the Services of the UKForex Limited is subject to the Client Agreement. Nothing on this website constitutes or should be construed as financial advice. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. UKForex Limited makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites.
UKForex is registered in England and Wales (company no. 04631395) with registered office at 1st Floor 85 Gracechurch Street, London EC3V 0AA.
DISCLAIMER: UKForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.
UKForex provides international money transfer services to individual clients and business customers. Use our free currency calculator, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.
UKForex is authorised by the Financial Conduct Authority (FRN: 521566) for the provision of payment services.