The Swedish krona lost 2.3% in value against the US dollar last Friday, which equates to just over ¢2. Which meant that, calculated in US dollars, the value of our holdings fell at the same time as it increased in Swedish krona. If this exchange rate change holds on throughout June, the outcome for us personally will be that our dividends will be higher than I thought last Thursday but still less compared to March 2024.
However, the summer holiday trips for the majority of Swedish travelers living in Sweden became more expensive because, in addition to the US dollar, this also affects the euro. Although that decline was significantly lower, just 0.5%.
We have not yet decided whether we will travel abroad this summer or stay in Sweden.
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