Frequently Asked Questions (FAQs) EUR-SEK
Do I have to provide any kind of ID card to purchase Swedish Kronas? 
Yes, it is. According to the money laundering prevention regulations, the Spanish currency providers have to demand from you when you change foreign currency an updated and valid ID card. If you acquire Swedish Kronas at least they will ask you for your passport or resident´s identity card called DNI or NIE.
Where can I purchase korunas SEK during my holidays in Spain?
Usually, when we need to acquire korunas SEK in Spain we only think of banks. But we do not seem to remember that practically nearly all Spanish banks charge you a a margin on the korunas SEK that you obtain from them, in addition to, a fixed fee of 3% (with a minimum of between 6 and 10 euros).
This makes the currency exchange more expensive and almost always it is much more recommended to exchange travel money at foreign currency provider. These businesses offer the option of acquiring your korunas SEK trough home delivery or click and collect.
As for the airport, it is always the least interesting option since it is much more expensive than the currency suppliers based out of these premises.
Is it recommendable to make an online purchase or reservation of korunas SEK in Spain?
The cheapest korunas SEK rates are usually found when you ask for them online choosing the home delivery option. You can also find low prices online when you choose the click & collect alternative near you.
As for banks in Spain, almost all of them allow for online booking. Some of them let you order online and collect your korunas SEK sometime later. Nevertheless the Euro to Swedish Krona rate they will apply to you will be, that of the day of collection, not that of the day you booked the korunas SEK.
Is it safe to order korunas SEK online in Spain?
Buying online korunas SEK in Spain is very safe. Take into account that it is done with currency providers that must have a licence from the Bank of Spain.
Additionally, these currency suppliers are businesses subject to audits and can be fined if they fail to comply with the binding AML legislation in Spain to clarify with whom they exchange korunas SEK.
Is there a ceiling of Swedish Kronas that I can order from an online supplier in Spain?
Usually, holiday money providers in Spain have high limits for a one shot order of Swedish Kronas or any other currency. These maximum quantities are set by the Banco de España. They are related to the AML regulations and Know Your Customer (KYC) requirements
However, these limits generally vary between 3,000 and 5,900 €, which is much more than what a traveler needs for their travel expenses.
Where to obtain and where not to purchase korunas SEK in Spain
Almost all Spanish banks impose on you a 3% fee, with a minimum (whichever is higher) quantity of 6 to 10 euros.
Bear in mind that the smaller the amount of korunas SEK to order, the more the impact of this fixed fee on your pocket.
I have changed Euros to Swedish Kronas, what can I do with my remaining Swedish Kronas when I return to Spain?
All travel money suppliers in Spain are dedicated to the purchase and sale of currency. If you come back with Swedish Kronas left over once your travels are over, you only have to enter Cambiator.es and select our Sell your currency tab in the top menu.
After find your city of residence and Cambiator will show you the amount of Euros the different currency suppliers will offer on the day in your town for your remaining Swedish Kronas.
Bear in mind that they will uniquely buy you Swedish Kronas banknotes but not loose coins.
How can I find the best euro to Swedish Krona exchange rate today?
Finding the best exchange rate for the euro with respect to the korunas SEK today in Spain, is simple.
Firstly, we advise you to not belive in the prices of the currency converters you can find on the Internet. These rates are for foerign currency but not for notes. In addition, they are reserved for banks. The rates you give out as a consumer are less competitive.
The second thing you should do is look at the direct euro to Swedish Krona exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that varies constantly).
The higher that number is, the more korunas SEK you will be handed out for every Euro you pay.
For that reason, the best exchange rate will be the higher exchange rate. Cambiator makes it easy for you to find out the best euro to Swedish Krona exchange rate. Our results page shows Swedish Krona offers from highest to lowest rate of the day in various currency suppliers, airports and banks in Spain.
How does the euro to Swedish Krona currency exchange work?
The functionning of the euro to Swedish Krona currency exchange is easy to understand. Foreign currency notes are physical products that circulate around the world. Some currencies, such as the dollar or the pound, are very well distributed, and other currencies not so much.
The more difficult it is to get a currency, the more high priced it will be to obtain it.
If you are willing to order korunas, you will have to balance rates at the airport, at your bank and at currency supplier (some suppliers send the korunas to your home).
When is the best moment to buy Swedish Kronas?
There isn´t a best time to acquire Swedish Kronas because the euro to Swedish Krona prices oscillate at all times depending on the strengths of the economies of the Euro countries with respect to the countries that use Swedish Kronas.
It is, nevertheless, advisable to be attentive to phenomena like Brexit, major sporting events or wars like the Ukraine one, where the price of a currency can be altered upwards or downwards with respect to the Euro.
Although it is impossible to predict how the Euro to Swedish Krona prices will evolve, at Cambiator we help you to acquire Swedish Kronas at the best rate day to day in Spain.