Today's SEK to XOF Price Update

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Summary

This report provides the real-time exchange rate between the Swedish Krona (SEK) and the West African CFA franc (XOF), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Swedish Krona (SEK) is the official currency of Sweden and represents a stable Nordic economy, while the West African CFA franc (XOF) is the currency used by the West African Economic and Monetary Union (WAEMU). The exchange rate between them reflects both regional economic conditions and currency market dynamics.

Today’s Price

  • 1 SEK = 62.16 XOF (as of February 1, 2026)
  • 24h High: 62.23 XOF
  • 24h Low: 62.00 XOF

Market Analysis

Recent SEK/XOF price movements show mixed technical signals. Technical indicators present conflicting outlooks, with moving average analysis suggesting a Strong Sell signal, while other technical indicators rate the pair as a Buy.

  • Technical levels: The pair is trading within a narrow range between 62.00 and 62.23 XOF
  • Volatility note: Recent 30-day volatility stands at 0.76%, indicating relatively stable conditions
  • Price forecast: Market forecasts suggest a potential 0.67% increase over the next month, with the rate projected to move toward 61.09 XOF

Conclusion

Monitor the SEK/XOF pair closely as technical signals remain mixed. Traders should pay attention to key support at 62.00 XOF and watch for potential upside movement as forecasts suggest modest appreciation potential in the coming month.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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