International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden
Swedish Krona, Quarterly, Seasonally Adjusted
XTNTVA01SEQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,259,990,000.00
Year-over-Year Change
-243.35%
Date Range
1/1/1955 - 4/1/2025
Summary
The Swedish Krona, Quarterly, Seasonally Adjusted trend measures the exchange rate between the Swedish krona and the U.S. dollar on a quarterly basis, with seasonal adjustments. This data is closely watched by economists and policymakers to assess Sweden's economic performance and international trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Swedish Krona, Quarterly, Seasonally Adjusted series tracks the value of the Swedish currency relative to the U.S. dollar, a key metric for evaluating Sweden's trade competitiveness and macroeconomic conditions. Economists and investors use this data to analyze Sweden's export/import activity, foreign investment, and overall economic health.
Methodology
The data is collected and calculated by the Swedish central bank, Riksbanken, based on daily foreign exchange market quotes.
Historical Context
Policymakers and market analysts utilize this exchange rate trend to inform decisions around monetary policy, trade agreements, and investment strategies.
Key Facts
- The Swedish krona is the official currency of Sweden.
- Sweden is one of the largest economies in Northern Europe.
- The exchange rate is quoted as the number of Swedish kronor per U.S. dollar.
FAQs
Q: What does this economic trend measure?
A: The Swedish Krona, Quarterly, Seasonally Adjusted trend measures the exchange rate between the Swedish krona and the U.S. dollar on a quarterly basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate data is closely watched by economists and policymakers to assess Sweden's economic performance, international trade dynamics, and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Swedish central bank, Riksbanken, based on daily foreign exchange market quotes.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts utilize this exchange rate trend to inform decisions around monetary policy, trade agreements, and investment strategies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a slight lag, but it provides a reliable and comprehensive measure of the Swedish krona's exchange rate.
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Citation
U.S. Federal Reserve, Swedish Krona, Quarterly, Seasonally Adjusted (XTNTVA01SEQ664S), retrieved from FRED.