Currency pair CHFSEK belongs to the group of exotic trading instruments and shows a ratio of the Swiss franc and Swedish krona. The Swiss franc plays a role of base currency In CHFSEK, and the Swedish krona is exposed to converting. The quotes of this trading symbol show how many Swedish krona it is necessary to pay for one Swiss franc. The currency pair shows the greatest activity during working hours of the European exchanges.
Switzerland and Sweden are one of the most economically developed European countries differing in a high level of living and political stability. The CHFSEK trading instrument involves experienced long-term traders who appreciate the stability and good predictability. Many experienced investors choose Swiss franc as a reserve currency.
Swedish activity in industrial sector supports the national economy at the high level. Moreover, in the territory of Sweden, there are large deposits of minerals, in particular, of iron ore and non-ferrous metals. Creating the forecast for CHFSEK it is worth paying attention to important economic and geopolitical changes in the EU, and also to a sovereign rating of Switzerland and Sweden.