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Pound below SEK 11

Last one out of the UK turn the lights off please

skogsbo
post 10.Feb.2013, 02:14 PM
Post #46
Joined: 20.Sep.2011

QUOTE (byke @ 10.Feb.2013, 02:04 PM) *
Its not what the pound has done, but more so that the kronor has also started to fall.

I don't know, has the krona fallen against all other currencies? If not then it's the pound that strengthened etc..
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Migga
post 10.Feb.2013, 02:58 PM
Post #47
Joined: 26.Jul.2011

QUOTE (Kalyissa @ 10.Feb.2013, 02:06 PM) *
I really want the Swedish Kr to fall somewhat in value against the danish kr :x I want more money from my salary!

Let me guess you, work in Copenhagen and live in Malmö?
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byke
post 10.Feb.2013, 04:12 PM
Post #48
Location: Europe
Joined: 28.Oct.2008

QUOTE (skogsbo @ 10.Feb.2013, 02:14 PM) *
I don't know, has the krona fallen against all other currencies? If not then it's the pound that strengthened etc..

Its fallen against the important ones.
the Euro : http://www.xe.com/currencycharts/?from=SEK...EUR&view=1M
the Dollar : http://www.xe.com/currencycharts/?from=SEK...USD&view=1M

And a fair few others ...
So yes, the kronor is becoming weaker overall.
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Bender B Rodriquez
post 10.Feb.2013, 04:27 PM
Post #49
Joined: 25.Mar.2006

The SEK is basically back to the level it was 12 days ago. Quite a minor change. The last two years the SEK/USD has been around the 6-7 level which is still too strong IMO.
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skogsbo
post 10.Feb.2013, 04:43 PM
Post #50
Joined: 20.Sep.2011

QUOTE (byke @ 10.Feb.2013, 04:12 PM) *
And a fair few others .... So yes, the kronor is becoming weaker overall.

which I presume you view as a bad or negative thing for Sweden, otherwise you wouldn't have posted about it?
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byke
post 10.Feb.2013, 04:50 PM
Post #51
Location: Europe
Joined: 28.Oct.2008

You let your own fictitious imagination, attempt to cover your mistakes.
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skogsbo
post 10.Feb.2013, 04:53 PM
Post #52
Joined: 20.Sep.2011

which mistake?
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Rick Methven
post 10.Feb.2013, 09:08 PM
Post #53
Location: Linköping
Joined: 30.Nov.2005

Many people seem to have a very vague or wrong memory about the strength or weakness of the Kronor.

In the 80's it was always around the 10kr = £1 Mark. In the early 80's I worked in Paris and was paid in Kronor. The cacultion was simple, 10 KR = 10 franc = £1.

The kronor vs the use has been quite stable over time. It is the pound that is weak, and it is now weak against the Euro thanks to the policy of theUK government.
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PDX
post 14.Feb.2013, 12:02 PM
Post #54
Location: Stockholm
Joined: 2.Aug.2011

No interest in GBP personally, but for those that do have it, here is the latest forecast from SHB:

http://research.handelsbanken.se/SHB-Forecast/

They are saying it will drop to 9.76 in the coming months and then slowly rebound over the coming years.

~~~PDX~~~
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axiom
post 14.Feb.2013, 12:29 PM
Post #55
Location: Stockholm
Joined: 24.May.2011

Very good prediction it is now 9.7 or so.

Thing is many countries want to see their currency devalued so they can export cheaper and in greater volumes and needless to say some central banks are behind this.
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PDX
post 14.Feb.2013, 12:35 PM
Post #56
Location: Stockholm
Joined: 2.Aug.2011

QUOTE (axiom @ 14.Feb.2013, 12:29 PM) *
Very good prediction it is now 9.7 or so.

You have to look at the Riksbanken official rate in this case (since this is what SHB is predicting). The rate is 9.93 now.

~~~PDX~~~
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axiom
post 14.Feb.2013, 12:38 PM
Post #57
Location: Stockholm
Joined: 24.May.2011

Are you sure, Riksbanken has 9.78 as I write.
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PDX
post 14.Feb.2013, 12:47 PM
Post #58
Location: Stockholm
Joined: 2.Aug.2011

Ok, I was looking the daily rate for which the latest I can see is from yesterday rolleyes.gif

~~~PDX~~~
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Hisingen
post 14.Feb.2013, 05:03 PM
Post #59
Location: Västra Götaland
Joined: 5.Jul.2012

QUOTE (Hede @ 2.Feb.2013, 11:08 PM) *
even in 2005 or 2006 it was still around 15kr

Sorry to disillusion you, but in 2005 the pound only reached 14,34 in mid November of that year for a brief - very brief moment (a weekend), and in 2006 it was only up to about 13.88 by mid-Feb and again to no more than that during September and October.
The days of a fifteen kronor pound are long gone. To back that I have curves of the day-to-day rates of exchange from 2003 on. In 2002 for a brief period in January it was up to 14,2, but thereafter in that year it was down and hovered around the 13 mark.I use my data as a guide when contemplating purchases from the UK, hence the detail.
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