The Bank of America USD to SEK rate is 8.9195. This is -7.8% below the mid-rate. Compare Bank of America currency conversion rates - Reduce FX costs.
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The Bank of America USD to SEK exchange rate is 8.9195. This is -7.8% compared to the latest USD-SEK mid-market rate 9.6741.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Swedish krona (SEK) rates from different sources before making a conversion.
The Bank of America Dollar to Krona comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of America and other foreign exchange providers against the latest USD-SEK mid-rate (see Market Data below ) and the possible savings of using various providers.
Bank of America (BOA) is the second-largest consumer bank in the USA after Chase Bank and serves about millions of consumers and small business clients worldwide from its headquarters in Charlotte, North Carolina.
Bank of America is one of the Big Four US banks and holds over 10% of all American bank deposits, in direct competition with JPMorgan Chase Bank, Citigroup, and Wells Fargo.
BOA offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. BOA provides fast and secure international money transfer services however the exchange rates offered for international money transfer services are not the best on the market.
Sending or receiving international transfers to or from your Bank of America bank account will include a margin rate of between 4% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
The BOA app and website allow you to check the FX rate prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.
Bank of America participates in Pay by Bank, a product that allows mobile uses to buy products online and pay directly from their bank account service in a foreign currency, Pay by Bank does not require a card or card data.
For businesses making international payments BOA provide the CashPro Platform.
BOA is improving the CashPro API to allow merchants to process payments in an increasing number of different countries. It will connect to seven real-time payment schemes; transfer apps including Zelle in the U.S. and Pix in Brazil; and cross-border wires.
US dollar (USD) to Swedish krona (SEK) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/SEK | Change | Period |
---|---|---|---|
06 May 2025 | 9.5760 | 1% ▲ | 2 Week |
19 Feb 2025 | 10.73 | 9.8% ▼ | 3 Month |
20 May 2024 | 10.68 | 9.4% ▼ | 1 Year |
21 May 2020 | 9.6231 | 0.6% ▲ | 5 Year |
23 May 2015 | 8.3771 | 15.5% ▲ | 10 Year |
25 May 2005 | 7.2980 | 32.6% ▲ | 20 Year |
Here are some popular conversion amounts for USD to SEK (US dollar to Swedish krona)*.
*Converted at the current USDSEK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts for the USD to SEK exchange rate indicate a complex interplay between U.S. economic data and Swedish monetary policy. Analysts note that the U.S. dollar (USD) is facing downward pressure, particularly following disappointing consumer sentiment figures that have raised concerns about potential recession risks in the U.S. These concerns have tempered demand for the greenback, especially as geopolitical events, such as tariffs announced by U.S. President Donald Trump, are contributing to market uncertainty. As a result, the USD has seen volatility, trading near 7-day lows at approximately 9.6849, significantly below its 3-month average of 10.
Read our full review of recent USD to SEK forecasts.
There are several ways to save on exchange rates when converting US dollar to Swedish krona:
Generally speaking, if you are buying Swedish krona with US dollar, then it's better for the USD/SEK exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Sweden — a practical currency and money guide to travel in Sweden plus living and doing business with the Swedish krona.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/SEK to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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