If you do not qualify for buyback, head to our Sell your currency tab, enter the Swedish Krona value you have (banknotes only, not loose coins) and select your town. Cambiator will display the total Euros the different holiday money providers will offer that day in your city for your remaining Swedish crowns.
People only think of their bank when change korunas SEK to euros. Yet Cambiator recommends that you weigh in the possibility of foreign currency suppliers. And the reason for this is because almost all Spanish banks impose on you a fixed commission of 3% (with a minimum of between 6 and 10 euros) as well as a margin on the korunas SEK that you sell them in exchange for euros.
On the contrary, the foreign currency providers that proclaim no commission are more attractive to your purse since they do not charge you this commission.
Cambiator compares always for you the SEK-EUR foreign currency exchange rates in your city so that you can opt for the alternative that best suits you.
There is no best time to sell korunas SEK to euros because the SEK-EUR rates change all the time depending on the strengths of the economies of the Euro countries with respect to the countries that use korunas SEK.
It is, nevertheless, advisable to be attentive to events like Brexit, major sporting events or wars like the Ukraine one, where the rates of a currency can oscillate upwards or downwards with respect to the Euro.
Although we cannot know how the Swedish Krona to euro rates will evolve at Cambiator we help you to sell korunas SEK to euros at the best rates day to day in Spain.
Currency suppliers and banks are retail businesses who buy from currency wholesale companies and travellers the banknotes they plan to sell to individuals seekinging to buy Swedish Kronas at the wholesale exchange rate or the retail rate (interbank exchange rate) and mark-up their profit margin.
They profit from the Swedish Kronas you sell to them and sell those notes to other consumers at their selling price of the day, earning that differene.
E.g, if you want to sell Swedish Kronas in exchange for euros, you contact your bank or currency supplier and pay the Buy price of the day they announce. Such price already includes a profit margin for the currency supplier.
Normally, to do a SEK-EUR currency exchange, the European AML regulations require holiday money providers to "know their customers" (KYC (Know Your Customer)). This means that you will be asked to identify yourself as a buyer or seller with a an updated and valid identity document (passport or resident´s identity card called DNI or NIE).
In general, we advise you to sell your foreign currency in safe locations and where they do not impose on you a commission, in addition to an exchange margin. Almost all Spanish banks and some physical currency suppliers will apply to you a currency exchange commission of around 3 per cent, with a minimum (whichever is higher), between 6 and 10 euros.
This means that when you exchange the equivalent of one hundred euros from Swedish Krona to euro, in addition to an exchange margin, you will pay a fixed fee of of six to ten €, since it is a higher quantity than the 3 euros commission that would correspond to applying 3% to 100 euros. If you exchange the equivalent of six hundred euros from Swedish Krona to euro, they would charge you a 3% fee. That is eighteen euros, which is greater than the minimum of of six to ten €.
In Spain, presently you can absolutely change your korunas SEK to euros online. Additionally to being a very practical service since you order whenever you want, you skip fees.
Finding the best exchange rate to change Swedish Kronas to Euros today in Spain is as easy as going to Cambiator.es and selecting the currency you want to sell in our currency purchase widget, tab Sell Currency.
Bear in mind that the prices and conditions to sell Swedish Kronas to euros that you see on our website are exclusive to be more interesting than the rates you will obtain if you go directly to the currency provider.
We do not recommend exchanging travel money at a Spanish bank. They charge you a fee of around 2 to 3per cent as well as an exchange rate.
Exchanging foreign currency at the airport is always the most expensive way to sell your Swedish Kronas to euros.
If you need to guarantee the Swedish crowns to euro rate for your trip to Spain, we advise you to make an online reservation on the Internet site of the chosen foreign currency provider.
In addition, by doing so you save the possible commissions that some holiday money providers in Spain impose on you by changing Swedish crowns for euros directly in one of their offices.
In Spain if you book online on your bank's App or online store, you will still pay their currency commission of around two to three per cent, and you will be charged the exchange prices of the day of collection, not those of the day of the online booking.
The average SEK-EUR currency exhange in Spain of a traveler who exchanges korunas SEK to euros is normally around the equivalent to seven hundred €.
If you have to order korunas SEK for more than 5,999 euros in value, the requirements that your holiday money supplier will demand from you will be additional. That is, they may ask you to demonstrate the source of your korunas SEK or your business documentation, etc.
Nevertheless up to the equivalent in korunas SEK of 5900 € per calendar quarter, the Spanish travel money providers do not generally ask you for more than the Spanish ID card (DNI or NIE) to sell korunas SEK to euros.
Best rate of the day (change currency to euros)