Compare today's SEK to CNY (Swedish Krona to Chinese Yuan) exchange rates
📈 Sweden to China Money Transfer Snapshot Today
- Best SEK to CNY exchange rate today: CNY 0.7546, offered by Regency FX
- Number of money transfer providers compared: 13
- Exchange rate range: CNY 0.7263 to CNY 0.7546
- Potential savings on SEK 1000: CNY 28.30
- Number of deals and promo codes: 4
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SEK to CNY exchange rate before providers add their margin or fees. exchange rate: 1 SEK = CNY 0.7491 (Updated about 1 hours ago)
See detailed Sweden to China money transfer comparison below.
Money Transfer Providers that matched the search criteria
📢 B2B transfers only
📢 Get promotional rate on your first transfer
📢 B2B transfers only
📢 Special exchange rate applied for first transfer
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's SEK-CNY exchange rates mean for you
Compare today's SEK-CNY exchange rates and send money from Sweden to China after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 13 providers that you can rely on for Sweden to China money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Sweden to China Providers
🥇 Regency FX with 1 SEK = 0.7546 CNY (best SEK to CNY exchange rate today).
🥈 Key Currency offering 1 SEK = 0.7546 CNY.
🥉 Currencyflow & Cambridge Currencies are also providing good FX rate today.
The exchange rate provided by these 13 providers ranges from CNY 0.7263 to CNY 0.7546. For a SEK 1000 money transfer from Sweden to China, that could mean up to CNY 28.30 saved on FX alone.
SEK-CNY exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final CNY payout that your recipient gets in China.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Sweden to China remittances.
🔄 Looking for the reverse corridor? Send money from China to Sweden instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Sweden.
👇 We also suggest looking beyond today's SEK-CNY exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst SEK-CNY exchange rate is crucial, historical data shows that transfer fees, SEK amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Sweden to China historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your CNY payout.
Data-driven cost insights for Sweden to China money transfers
When you send money internationally from Sweden to China, the key factors that will influence the overall cost of your transaction are:
- SEK-CNY exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum CNY payout for your overseas recipient in China.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Sweden to China, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Sweden to China money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 295 actual Sweden to China money transfers handled by 9 providers over the last 5 years (for a SEK 1700 remittance benchmark).
This data-driven approach using real SEK-CNY transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Sweden to China money transfers
- Average total cost: 6.22% (range -0.05% to 25.78%, spread 25.83 percentage points)
- Potential payout difference: On a SEK 1700 transfer, the above variation can save you up to SEK 439.11.
- Average FX markup: 3.29% (range -0.68%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 14.60%, spread 15.28 percentage points) - Average transfer fee: SEK 49.78 (range SEK 0.00 to SEK 300.00)
- Cheapest payment/delivery method combo: Debit Card → Mobile Wallet (3.20% avg cost); most expensive is Cash → Cash Pickup (12.96%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 9.76% (SEK 165.85 on SEK 1700 transfer).
- Market coverage: ~9 providers on average (competition level: moderate)
- Average speed: About 17 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Sweden to China money transfers.
📈 SEK to CNY exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Sweden to China money transfers is usually the single biggest factor that will determine your overall SEK cost and your recipient's CNY payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a SEK 1700 money transfer benchmark, we see the following FX markup ranges for Swedish Krona to China transfers:
- Average markup: 3.29%
- Median markup: 3.23%
- Lowest markup: -0.68%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 14.60%
That is a spread of 15.28 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a SEK 1700 transfer, the above markup range is equivalent to roughly CNY 259.76 purely from differences in the exchange rate. That incremental saving increases to CNY 657.04 for a SEK 4300 transfer.
🛠️ How to use this insight: When comparing providers for Sweden to China remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
SEK to CNY exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Sweden to China remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Swedish Krona reaches your recipient in China.
Based on data from last 5 years, we notice the below about Swedish Krona to China money transfer fees:
- Average fee: SEK 49.78
- Median fee: SEK 39.90
- Lowest fee: SEK 0.00
- Highest fee: SEK 300.00
The average fee amount of SEK 49.78 noted above represents 2.93% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by SEK 300.00.
🛠️ How to use this insight: For your next money transfer from Sweden to Chinese Yuan, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for SEK-CNY remittances
Based on our detailed analysis of historical Sweden to China data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to China from Sweden:
- Credit Card: 5.24%
- Bank Account Transfer: 5.40%
- Debit Card: 5.49%
- Cash: 12.96%
That is a total spread of 7.71 percentage points.
This means that on a SEK 1700 transfer, you could save up to SEK 131.12 simply by choosing the best priced payment method.
These savings will only multiply for higher SEK amounts.
Here is the average cost of popular delivery methods used to send money from Sweden to China:
- Mobile Wallet: 3.46%
- Bank Deposit: 5.18%
- Cash Pickup: 8.61%
The cost difference between the above delivery methods is 5.15 percentage points.
Once again, this means that you could save up to SEK 87.52 on a SEK 1700 transfer to China by choosing Mobile Wallet versus Cash Pickup.
As you can imagine, the possible combinations of Sweden payment methods and China delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Sweden to CNY money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Debit Card | Mobile Wallet | 3.20 |
| Credit Card | Mobile Wallet | 3.21 |
| Bank Account Transfer | Mobile Wallet | 4.16 |
| Credit Card | Bank Deposit | 5.42 |
| Bank Account Transfer | Bank Deposit | 5.49 |
| Bank Account Transfer | Cash Pickup | 5.61 |
| Debit Card | Bank Deposit | 5.97 |
| Credit Card | Cash Pickup | 6.43 |
| Debit Card | Cash Pickup | 6.44 |
| Cash | Cash Pickup | 12.96 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these SEK-CNY payment and delivery options is significant. Here are some observations:
- Debit Card → Mobile Wallet has the lowest average cost at 3.20%.
- Cash → Cash Pickup has the highest average cost at 12.96%.
- Debit Card → Mobile Wallet average cost is 9.76 percentage points lower than that of Cash → Cash Pickup.
- This means that on a SEK 1700 money transfer, you could save up to SEK 220.24 simply by choosing the best payment and delivery method combo.
- Further, on a SEK 4300 money transfer, the savings increase to SEK 557.07.
Here is a quick summary of the average historical cost of various payment and delivery methods for SEK to China money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Credit Card averaged 5.24%, compared to 12.96% for Cash, a difference of 7.71 percentage points.
- Cheapest delivery method: Mobile Wallet averaged 3.46%, compared to 8.61% for Cash Pickup (5.15 percentage points higher).
- Cheapest combo: Debit Card → Mobile Wallet averaged 3.20%, which is 9.76 percentage points lower than Cash → Cash Pickup (12.96%).
🛠️ How to use this insight: As you compare money transfer providers for your next Sweden to China international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Sweden to China remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for SEK-CNY remittances?
When we compared Sweden banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
Interestingly, for Sweden to China remittances, traditional banks are 0.44 percentage points cheaper on average than money transfer providers.
This means money transfer companies tend to be approximately 0.93x more expensive than banks on average.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | SEK 64.29 | SEK 47.37 | SEK 16.92 |
| Exchange rate markup | 2.07% | 3.50% | -1.43 pp* |
| Average total cost (%) | 5.85% | 6.28% | -0.44 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Historical data shows that banks in Sweden can be competitive. However, pricing still varies by provider, transfer amount, and method — so comparing options can still be beneficial.
📊 Does sending more money reduce the cost of SEK-CNY money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending SEK 1700 vs SEK 4300 from Sweden to China.
We found that sending a higher amount (SEK 4300) tends to be cheaper - average cost drops from 6.22% to 4.84%, a reduction of 1.38 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Swedish Krona amounts to China, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Sweden to China remittance market?
Based on data from the last 5 years, SEK-CNY money transfers are provided on an average by 9 remittance companies. With around 9 providers serving this market, we consider the level of competition to be moderate.
Traditional banks have represented only 22.2% of active providers in this corridor (2 out of 9), meaning money transfer companies make up the majority.
The good news is that you can currently compare 13 providers on RemitFinder for SEK-CNY transfers. This is a higher number of money transfer companies to choose from as compared to prior years.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Sweden to China remittances.
⏱️ How fast are SEK-CNY money transfers?
If your recipient in China needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Sweden to China transfers when it comes to processing time:
- Average transfer time: About 17 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 144 hours (~6.0 days).
- Average speed at SEK 1700: About 17 hours.
- Average speed at SEK 4300: About 17 hours.
Banks vs money transfer providers speed comparison: Banks take 49 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from Sweden to China in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for China.
Sweden to China transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Sweden to China money transfers
These FAQs use data from RemitFinder's historical analysis of Sweden to China money transfers over several years.
What factors affect the total cost of sending money from Sweden to China?
The total cost of your SEK-CNY money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Sweden to China transfers?
Historical SEK to CNY exchange rate markup ranges from -0.68% to 14.60%, a spread of 15.28 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can SEK-CNY exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative SEK-CNY exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Sweden to China transfers?
Exchange rate markup ranges from -0.68% to 14.60% (a spread of 15.28 percentage points).
Transfer fees range from SEK 0.00 to SEK 300.00, which equals roughly 17.65% on a SEK 1700.00 transfer.
At SEK 1700.00, the larger driver of overall cost is the transfer fee, whilst at SEK 4300.00, it shifts toward exchange rate markup.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Sweden to China transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger SEK amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most CNY for your SEK.
How much can Sweden to China transfer costs vary between providers?
Historical transfer cost ranges from -0.05% to 25.78% for SEK transfers to China. That is a spread of 25.83 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -0.68% to 14.60% (a spread of 15.28 percentage points). Thus, even small differences in FX margin can have a big impact on the final CNY payout.
Why do various money transfer providers price SEK to China transfers differently?
If you send the same Swedish Krona amount to China via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final CNY payout in China in a big way.
How stable are transfer costs in the Sweden to China corridor?
When we analyzed the historical total cost for SEK-CNY transfers, we observed a range from -0.05% to 25.78% (25.83 percentage points difference), along with a variability (standard deviation) of 4.22%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -0.68% to 14.60% (15.28 percentage points difference), with a standard deviation of 2.33%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your SEK-CNY transfers.
Which payment method is cheapest for Sweden to China remittances?
Credit Card is the cheapest payment method in Sweden based on its average cost at 5.24% (compared to Cash at 12.96%, a difference of 7.71 percentage points).
Based on this, we recommend paying for your SEK transfer with Credit Card, and avoiding Cash if possible.
Is Debit Card cheaper than Credit Card for Sweden to China transfers?
Credit Card is cheaper on average when sending money to China from Sweden since it costs 5.49% (compared to 5.24% for Credit Card payments, a difference of 0.25 percentage points).
As a result, we recommend that you avoid paying for your transfer to China with a Credit Card.
Which delivery method is cheapest for SEK-CNY money transfers?
Mobile Wallet is the cheapest delivery method in China as it costs 3.46% (compared to Cash Pickup at 8.61%, a spread of 5.15 percentage points).
If your recipient in China can accept Mobile Wallet, we recommend choosing it as your preferred delivery option for SEK-CNY transfers.
Is Bank Deposit cheaper than Cash Pickup for Sweden to China transfers?
Bank Deposit is cheaper for transfers to China given its 5.18% average cost (versus 8.61% for Cash Pickup, a difference of 3.43 percentage points).
To save more, consider choosing the cheapest delivery option for China.
What is the cheapest way to send money from Sweden to China?
We evaluated 10 payment and delivery method combinations for Sweden to China remittances.
Based on historical data, Debit Card → Mobile Wallet is the cheapest combination with 3.20% cost.
At the other end of the spectrum, Cash → Cash Pickup is the most expensive combination at 12.96% cost. That is a difference of 9.76 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Sweden to China remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your SEK-CNY transfers.
Does sending more money reduce the cost for Sweden to China transfers?
Larger SEK-CNY transfers are cheaper on average.
The cost of a SEK 1700 transfer averages 6.22% as compared to 4.84% for a SEK 4300 transfer, a difference of 1.38 percentage points.
How long does it take to send money from Sweden to China?
Based on our analysis, the average transfer time for SEK-CNY transfers is 17 hours, with the fastest transfers completing in less than one hour and the slowest in 144 hours (~6.0 days).
Are instant transfers available from Sweden to China?
Yes, historical data shows that some transfers to China from Sweden can complete in less than one hour.
Note that the actual speed of your SEK-CNY transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Sweden to China?
Banks in Sweden are competitive and can be cheaper than money transfer providers.
The average cost of banks is 5.85% compared to 6.28% for money transfer providers in Sweden, a difference of -0.44 percentage points.
How competitive is the Sweden to China remittance market?
Based on historical data, the competition level in Sweden to China is considered moderate with 9 active providers.
Money transfer providers represent about 77.8% of identified providers in Sweden.
Do I risk overpaying if I do not compare providers for Sweden to China?
Historically, total SEK-CNY transfer cost has varied by 25.83 percentage points. On a SEK 1700 transfer, that can translate to SEK 439.11 in savings.
SEK-CNY exchange rate markup also varies across providers. The average markup spread has been about 15.28 percentage points. On a SEK 1700 transfer, that could be SEK 259.76 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about SEK 300.00 across providers.
That is why comparing providers can materially change how much of the SEK you send does your recipient receive in China in China.
Latest SEK to CNY Conversion Rates
Here are some latest SEK to CNY (Swedish Krona to Chinese Yuan) exchange rates for popular conversion amounts*.
| 1 SEK | 0.75 CNY |
| 5 SEK | 3.75 CNY |
| 10 SEK | 7.49 CNY |
| 25 SEK | 18.73 CNY |
| 50 SEK | 37.46 CNY |
| 100 SEK | 74.91 CNY |
| 150 SEK | 112.37 CNY |
| 200 SEK | 149.82 CNY |
| 250 SEK | 187.28 CNY |
| 300 SEK | 224.73 CNY |
| 400 SEK | 299.64 CNY |
| 500 SEK | 374.55 CNY |
| 600 SEK | 449.46 CNY |
| 700 SEK | 524.37 CNY |
| 800 SEK | 599.28 CNY |
| 1000 SEK | 749.10 CNY |
| 1500 SEK | 1,123.65 CNY |
| 2000 SEK | 1,498.20 CNY |
| 2500 SEK | 1,872.75 CNY |
| 3000 SEK | 2,247.30 CNY |
| 4000 SEK | 2,996.40 CNY |
| 5000 SEK | 3,745.50 CNY |
| 10000 SEK | 7,491.00 CNY |
| 15000 SEK | 11,236.50 CNY |
| 20000 SEK | 14,982.00 CNY |
| 30000 SEK | 22,473.00 CNY |
| 40000 SEK | 29,964.00 CNY |
| 50000 SEK | 37,455.00 CNY |
| 100000 SEK | 74,910.00 CNY |
*Based on the Mid-market Exchange Rate
Other popular countries to send money from Sweden
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- Send money from Sweden to Nepal
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- Send money from Sweden to Russia
- Send money from Sweden to South Korea
- Send money from Sweden to Spain
- Send money from Sweden to Sri Lanka
- Send money from Sweden to Thailand
- Send money from Sweden to USA
- Send money from Sweden to Uzbekistan
1 Based on 295 pricing observations across 9 firms over the last 5 years for a SEK 1700 money transfer from Sweden to China. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Sweden to China remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.