Sending money to Sweden is easy (just like sending money online anywhere else). There are many great options available to you, and you can easily make the right choice. Whether you are looking for speed, ease of use, cost efficiency, or just general efficiency, there are multiple great services available here at MoneyTransfers.com.
The current exchange rate for the Swedish Krona (SEK) is 9.4896 SEK per American Dollar (USD) as of the time this was written. The SEK reached a high of 9.9492 SEK per USD and a low of 9.4895 SEK per USD during the last 90 days. The average exchange rate over the last 90 days was 9.6880 SEK per USD.
The average volatility rate of the SEK against the USD was 0.41%. This is a rather high volatility rate, but the SEK has remained relatively stable in the long term. Going forward, you can expect moderate fluctuations to continue, barring any unforeseen circumstances.
The fastest way to send money online to Sweden is through the fast option offered by Ria Money Transfer. With Ria Money Transfer’s fast option, you can expect your money to arrive at its Swedish destination in a matter of minutes. Furthermore, Ria Money Transfer offers very reasonable prices for both their fast and slow option. Ria Money Transfer costs less than most of its slower competition.
The cheapest way to transfer funds to Sweden is through OFX. OFX offers very low rates on their currency conversion fees, and they don’t charge any upfront, stated fees. The idea behind OFX is that the more money you send, the less you pay for the transaction. They do have much higher minimum transfer size requirements. On the low end, if you are sending thousands of dollars at once, you will only pay 0.4%. If you are sending an amount closer to their minimum requirement, you will have to pay 1%, which is still cheaper than most of the competition.
The easiest way to send cash online to Sweden is through TransferWise. TransferWise makes it very easy to send money through their intuitive peer-to-peer system. After you set up your account, all you need to do is tap in an amount of money and its destination. After that, you just pay TransferWise for the transaction and wait a day or two for your money to arrive in Sweden.
The overall best way to send money online to Sweden is through OFX. OFX is a great platform when you need to send higher volumes, and it's not a difficult service to use either. When it comes to speed, OFX is usually just as fast as TransferWise when it comes to sending funds to Sweden. When all the necessary factors are considered, OFX offers the best overall way for money transfers to Sweden.