🇨🇿 CZK vs 🇸🇪 SEK: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one Swedish Krona bought 2.2084 CZK at the official reference rate, so per unit the Swedish Krona is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months CZK moved +0.3% against SEK, so on momentum the two are roughly level.
Adjusted for consumer-price inflation in both economies, CZK lost 0.8% in real terms against SEK over the same period.
CZK relative to SEK
Positive values mean CZK strengthened against SEK.
CZK vs SEK over the last three years
CZK against SEK, index 100 on November 6, 2023. A rising line means CZK gained on SEK. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 100.0 on November 6, 2023, when CZK was at its strongest against SEK in the period.
- 3-year low: 90.0 on April 3, 2025.
- Now: 95.0, 5% below the high and 5.5% above the low.
- Sharpest one-month move: CZK fell 5.1% against SEK between November 30, 2023 and December 28, 2023, around the time of “CNB starts cutting” (🇨🇿 December 21, 2023).
What moved CZK and SEK
- · 🇨🇿 CNB hikes to 3.75%, first since 2022 — Czech National Bank reverses course amid inflation risk, a widening deficit, and the Iran war
- · 🇸🇪 Riksbank holds, signals cuts finished — The Riksbank holds at 1.75% and signals its 2025 easing cycle is complete
- · 🇨🇿 CNB starts cutting — Czech National Bank begins cutting from 7.00% peak
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇨🇿 Czech Koruna (CZK) | -2.4% | #12 of 16 |
| 🇸🇪 Swedish Krona (SEK) | -2.7% | #14 of 16 |
Open the interactive CZK/SEK chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide CZK's index by SEK's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is CZK stronger than SEK right now?
It depends on the question. Per unit, 1 SEK = 2.2084 CZK (reference rate, November 6, 2026), so the Swedish Krona is worth more. As for which one is gaining, over the past 12 months CZK moved +0.3% against SEK, so on momentum the two are roughly level.
How do CZK and SEK perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, CZK ranks #12 of 16 (-2.4%) while SEK ranks #14 (-2.7%).
What does the CZK vs SEK strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.