US Dollar / Swedish Krona vs US Dollar / Chinese Yuan

US Dollar / Swedish Krona (USD/SEK) and US Dollar / Chinese Yuan (USD/CNY) compared side by side. Over the past 90 days, USD/SEK is ahead by 2.9 percentage points (USD/SEK +0.8% against USD/CNY -2.1%). Their daily returns move barely together (correlation 0.11 across 284 shared trading days). USD/SEK has been the more volatile of the two, at 10% annualised against USD/CNY's 3%.

Correlation: 0.11
Ahead over 90 days: USD/SEK

US Dollar / Swedish KronaUSD/SEK

$9.7380

24h: -0.60%
Market cap: —
Volume 24h: —
Volatility (ann.): 10%

US Dollar / Chinese YuanUSD/CNY

$6.6723

24h: +0.00%
Market cap: —
Volume 24h: —
Volatility (ann.): 3%

Performance

USD/SEKUSD/CNY

7 days-1.26%-0.45%USD/CNY
30 days-0.50%-0.77%USD/SEK
90 days+0.78%-2.14%USD/SEK

Correlation

0.11over 284 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2690d: 0.191y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	USD/SEK	USD/CNY
Max drawdown (400d)	-8.3%	-7.3%
Risk-adjusted return (90d)	0.09	-1.58

Relative strength over 90 days: USD/SEK outperformed USD/CNY by 3.0% — measured on the USD/SEK/USD/CNY ratio, so it holds regardless of market direction.

US Dollar / Swedish Krona →US Dollar / Chinese Yuan →