🇭🇺 HUF vs 🇸🇪 SEK: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one Swedish Krona bought 33.00 HUF 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 HUF strengthened by 6.5% against SEK, so on momentum the Hungarian Forint (HUF) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, HUF gained 5.1% in real terms against SEK over the same period.
HUF relative to SEK
Positive values mean HUF strengthened against SEK.
HUF vs SEK over the last three years
HUF against SEK, index 100 on November 6, 2023. A rising line means HUF 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: 102.0 on June 29, 2026, when HUF was at its strongest against SEK in the period.
- 3-year low: 86.9 on April 22, 2025.
- Now: 98.8, 3.2% below the high and 13.6% above the low.
- Sharpest one-month move: HUF rose 8.7% against SEK between March 19, 2026 and April 17, 2026, around the time of “Magyar's Tisza ousts Orban” (🇭🇺 April 12, 2026).
What moved HUF and SEK
- · 🇭🇺 Magyar's Tisza ousts Orban — Peter Magyar's Tisza party wins a landslide, ending Viktor Orban's 16-year rule
- · 🇭🇺 MNB cuts rate to 6.25% — Hungary's central bank cuts for the first time after holding since 2024
- · 🇸🇪 Riksbank holds, signals cuts finished — The Riksbank holds at 1.75% and signals its 2025 easing cycle is complete
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 |
|---|---|---|
| 🇭🇺 Hungarian Forint (HUF) | +4.1% | #3 of 16 |
| 🇸🇪 Swedish Krona (SEK) | -2.7% | #14 of 16 |
Open the interactive HUF/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 HUF'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 HUF stronger than SEK right now?
It depends on the question. Per unit, 1 SEK = 33.00 HUF (reference rate, November 6, 2026), so the Swedish Krona is worth more. As for which one is gaining, over the past 12 months HUF strengthened by 6.5% against SEK, so on momentum the Hungarian Forint (HUF) is the stronger of the two.
How do HUF and SEK perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, HUF ranks #3 of 16 (+4.1%) while SEK ranks #14 (-2.7%).
What does the HUF 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.