SEK vs USD 🥊

Yesterday, the Swedish krona strengthened against the US dollar to its strongest value for 2024. Right now you pay 10.2 SEK for 1 USD, which can be compared to July 30, when you paid 10.85 SEK for 1 USD. The strongest position the Swedish krona has had against the US dollar in the last twelve months is SEK 9.94 per USD.

This is a bit of a Catch-22 for us personally. A weak Swedish krona benefits our portfolio value, our dividends will be higher, but acquisitions made with "new savings", for example the world's most perfect husband's pension, will be very expensive. If I could wish, I would prefer to see a slightly stronger Swedish krona.

What happens to the exchange rate difference between SEK and USD if the Federal Reserve (FED) lowers the policy rate remains to be seen.