Swedish Krona Emerges as Top Currency Performer in 2025
In 2025, the Swedish krona has outperformed other major currencies, strengthening 17.8% against the US dollar and leading G10 currency gains.
- • The Swedish krona has strengthened by 17.8% against the US dollar in 2025.
- • It is currently trading at 9.40 against the US dollar as of October 26, 2025.
- • The Swiss franc and Norwegian krone have also appreciated, by 14.04% and 13.71% respectively.
- • The krona’s performance leads among G10 currencies this year.
Key details
The Swedish krona has demonstrated remarkable strength in 2025, emerging as the leading currency against the US dollar among major economies. As of October 26, 2025, the krona is trading at a rate of 9.40 per dollar, marking an impressive gain of 17.8% so far this year. This appreciation surpasses other notable G10 currencies, with the Swiss franc increasing by 14.04% and the Norwegian krone rising by 13.71% against the dollar.
This significant performance highlights the Swedish currency's resilience and attractiveness in the current global economic climate. The krona's gains have outpaced its regional neighbor, the Norwegian krone, underscoring Sweden's robust economic position and financial market confidence in 2025.
The substantial strengthening of the krona not only benefits Sweden's import competitiveness but also reflects solid investor sentiment. Compared to other European currencies, the Swedish krona’s rise is a notable development in the currency markets this year.
According to the financial report published on October 26, 2025, the krona’s appreciation is currently the highest among G10 currencies, setting it apart from competitors such as the Swiss franc and Norwegian krone, which have also posted gains yet to match Sweden's standout performance.