Today's SEK to IDR Price Update

Summary

This report provides the real-time exchange rate between the Swedish Krona (SEK) and Indonesian Rupiah (IDR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Swedish Krona (SEK) is the official currency of Sweden, while the Indonesian Rupiah (IDR) is the legal tender of Indonesia. The exchange rate between them reflects market conditions in both Nordic and Southeast Asian economies, as well as investor confidence in these regional currencies.

Today’s Price

• 1 SEK = 1,886.81 IDR
• 24h High: 1,888.35 IDR
• 24h Low: 1,877.30 IDR

Market Analysis

Recent SEK/IDR price movements show a strong bullish outlook according to technical indicators. The currency pair is currently rated as a Strong Buy, with moving averages (MA5 to MA200) generating 12 Buy signals and 0 Sell signals.

• Technical outlook: Strong Buy signals dominate the technical analysis
• Forecast perspective: Analysts expect the SEK/IDR currency pair to rise in March, with a projected change of approximately 4.73% compared to current rates
• Trading signals: Multiple buy opportunities are present based on current technical conditions

Conclusion

Continue to monitor the SEK/IDR pair closely, integrating technical analysis signals with market sentiment. The prevailing Strong Buy rating and positive March forecast suggest potential upside opportunities for traders, while maintaining awareness of market volatility and risk management practices.