During Thursday at lunchtime, one American dollar cost 10.50 Swedish kronor and one euro 11.31 kroner.
With the exception of a few fleeting occasions in the past, a euro has never before been so expensive.
- Judging by the market, it doesn't look very good.
The krone is traded around the weakest levels ever that we have seen against the euro, so the situation is quite worrying, says Carl Hammer at the bank SEB.
Haven't been this weak in over ten years
Even compared to a weighted index consisting of other currencies (KIX index), the Swedish krona is now close to new record lows.
Not in over ten years has the Swedish krona been as weak as it is now, and if you look further back, there are only short periods in 2009, 2001 and a few times during the 1990s when our currency was worth less.
So what is behind the new record lows?
When things are troubled in the outside world, small currencies like the Swedish tend to take a beating.
In addition, the US Federal Reserve's rapid interest rate hikes have further strengthened the US dollar.
- But the last movement (the weakening of the krone) is difficult to explain.
It could have to do with an international concern for the Swedish housing market, says Carl Hammer.
Can benefit export companies
The weak krona partly affects all Swedes who go abroad, and partly makes purchases from abroad more expensive.
At the same time, Swedish export companies can benefit, as their products become cheaper abroad, which means they can sell more.
Last year, the Swedish krona lost 15 percent against the dollar and 9 percent against the euro, and now the weakening of the krona continues.