Sweden foreign exchange reserves

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Sweden foreign exchange reserves: 621220 (0.22%)
Last Update: February 29, 2024

Sweden foreign exchange reserves closed down 621220 as of February 29, 2024 from 619863 from the previous month and 644309 from last year.


Sweden foreign exchange reserves Analytics & Data




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Sweden foreign exchange reserves

DateValues
2024-02-29 621220
2024-01-31 619863
2023-12-31 615502
2023-11-30 629495
2023-10-31 630422
2023-09-30 631041
2023-08-31 640629
2023-07-31 641952
2023-06-30 635735
2023-05-31 612852
2023-04-30 619833
2023-03-31 657081
2023-02-28 644309
2023-01-31 677753
2022-12-31 672292
2022-11-30 678497
2022-10-31 662990
2022-09-30 679046
2022-08-31 651207
2022-07-31 633751
2022-06-30 620993
2022-05-31 581315
2022-04-30 568334
2022-03-31 557065

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Sweden foreign exchange reserves Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
foreign exchange reservesse.fxreserves621220.06198630-4DownDown322024-02-29

Sweden foreign exchange reserves Factors

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Sweden foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the Sweden foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Sweden foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Sweden foreign exchange reserves

Sweden's foreign exchange reserves refer to the country's holdings of foreign currencies and assets that can be used to stabilize its own currency in times of economic uncertainty. These reserves are typically held by the central bank and are an important tool in maintaining the stability of the Swedish krona. By holding a sufficient amount of foreign exchange reserves, Sweden can intervene in the foreign exchange market to prevent excessive fluctuations in its currency's value. This can help to promote economic stability and confidence in the Swedish economy both domestically and internationally. Additionally, foreign exchange reserves can also be used to meet external obligations and manage the country's balance of payments effectively.