Invesco CurrencyShares Swedish Krona Trust (FXS) 10-K 14 Jan 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Oct. 31, 2014	Apr. 30, 2014
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Oct-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Trading Symbol	FXS
Entity Registrant Name	CURRENCYSHARES SWEDISH KRONA TRUST
Entity Central Index Key	1353616
Current Fiscal Year End Date	-21
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		300,000
Entity Public Float		$45,876,000

Statements_of_Financial_Condit

Statements of Financial Condition(USD ($))	Oct. 31, 2014	Oct. 31, 2013
Current Assets:
Swedish Krona deposits, interest bearing	$33,581,026	$61,500,293
Swedish Krona deposits, non-interest bearing
Receivable from accrued interest		36,627
Total Current Assets	33,581,026	61,536,920
Current Liabilities:
Accrued Sponsor's fee	11,406	20,896
Total Current Liabilities	11,406	20,896
Commitments and Contingent Liabilities (note 9)
Redeemable Capital Shares, at redemption value, no par value, 7,500,000 authorized - 250,000 and 400,000 issued and outstanding, respectively	33,569,620	61,516,024
Shareholders' Equity:
Retained Earnings
Cumulative Translation Adjustment
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	$33,581,026	$61,536,920

Statements_of_Financial_Condit1

Statements of Financial Condition (Parenthetical) (USD $)	Oct. 31, 2014	Oct. 31, 2013
Statement of Financial Position [Abstract]
Redeemable Capital Shares, no par value
Redeemable Capital Shares, shares authorized	7,500,000	7,500,000
Redeemable Capital Shares, shares issued	250,000	400,000
Redeemable Capital Shares, shares outstanding	250,000	400,000

Statements_of_Comprehensive_In

Statements of Comprehensive Income (USD $)	3 Months Ended								12 Months Ended
	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Income
Interest Income	$420	$39,198	$55,226	$84,191	$107,512	$120,994	$125,440	$146,684	$179,035	$500,630	$1,052,856
Total Income	420	39,198	55,226	84,191	107,512	120,994	125,440	146,684	179,035	500,630	1,052,856
Expenses
Sponsor's fee	-37,338	-44,945	-50,422	-57,646	-61,894	-68,310	-70,331	-68,420	-190,351	-268,955	-295,723
Total Expenses	-37,338	-44,945	-50,422	-57,646	-61,894	-68,310	-70,331	-68,420	-190,351	-268,955	-295,723
Net (Loss)/Income	-36,918	-5,747	4,804	26,545	45,618	52,684	55,109	78,264	-11,316	231,675	757,133
Basic and Diluted Earnings per Share	($0.14)	($0.02)	$0.01	$0.07	$0.11	$0.12	$0.12	$0.17	($0.04)	$0.52	$1.51
Weighted-average Shares Outstanding	263,587	300,000	334,270	372,826	400,000	448,370	467,416	451,087	317,534	441,507	502,186
Cash Dividends per Share		$0.02	$0.02	$0.10	$0.11	$0.12	$0.12	$0.21	$0.16	$0.56	$1.63
Other Comprehensive Income:
Currency translation adjustment	1,544	175	-22	-43	90	590	-329	2,902	1,654	3,253	5,166
Total Comprehensive (Loss)/Income	($35,374)	($5,572)	$4,782	$26,502	$45,708	$53,274	$54,780	$81,166	($9,662)	$234,928	$762,299

Statements_of_Changes_in_Share

Statements of Changes in Shareholders' Equity (USD $)	Total	Retained Earnings [Member]	Cumulative Translation Adjustment [Member]
Cumulative Translation Adjustment, Beginning of Year at Oct. 31, 2011			$0
Retained Earnings, Beginning of Year at Oct. 31, 2011		0
Net (Loss)/Income	757,133	757,133
Distributions Paid		-820,297
Adjustment of redeemable capital shares to redemption value		63,164
Currency translation adjustment	5,166		5,166
Adjustment of redeemable capital shares to redemption value			-5,166
Cumulative Translation Adjustment, End of Year at Oct. 31, 2012			0
Retained Earnings, End of Year at Oct. 31, 2012		0
Net (Loss)/Income	231,675	231,675
Distributions Paid		-249,541
Adjustment of redeemable capital shares to redemption value		17,866
Currency translation adjustment	3,253		3,253
Adjustment of redeemable capital shares to redemption value			-3,253
Cumulative Translation Adjustment, End of Year at Oct. 31, 2013			0
Retained Earnings, End of Year at Oct. 31, 2013		0
Net (Loss)/Income	-11,316	-11,316
Distributions Paid		-49,957
Adjustment of redeemable capital shares to redemption value		61,273
Currency translation adjustment	1,654		1,654
Adjustment of redeemable capital shares to redemption value			-1,654
Cumulative Translation Adjustment, End of Year at Oct. 31, 2014			0
Retained Earnings, End of Year at Oct. 31, 2014		$0

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Cash flows from operating activities
Cash received for accrued income	$210,463	$520,839	$1,164,835
Cash paid for expenses	-196,949	-271,468	-308,761
Net cash provided by operating activities	13,514	249,371	856,074
Cash flows from financing activities
Cash received to purchase redeemable shares		7,617,728
Cash paid to redeem redeemable shares	-22,257,896	-15,232,896	-21,970,127
Cash paid for distributions	-49,957	-249,541	-820,297
Net cash used in financing activities	-22,307,853	-7,864,709	-22,790,424
Adjustment to period cash flows due to currency movement	-5,624,928	1,641,491	-2,889,815
Decrease in cash	-27,919,267	-5,973,847	-24,824,165
Cash at beginning of year	61,500,293	67,474,140	92,298,305
Cash at end of year	33,581,026	61,500,293	67,474,140
Reconciliation of net (loss)/income to net cash provided (used in)/by operating activities
Net (Loss)/Income	-11,316	231,675	757,133
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Receivable from accrued interest		-36,627	-55,380
Prior period receivable from accrued interest	36,627	55,380	174,021
Currency translation adjustment	-2,307	913	-5,274
Accrued sponsor fee	11,406	20,896	22,866
Prior period accrued sponsor fee	-20,896	-22,866	-37,292
Net cash provided by operating activities	$13,514	$249,371	$856,074

Organization_and_Description_o

Organization and Description of the Trust	12 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Organization and Description of the Trust	1	Organization and Description of the Trust
	The CurrencyShares® Swedish Krona Trust (the “Trust”) was formed under the laws of the State of New York on June 8, 2006 when Guggenheim Specialized Products, LLC d/b/a “Guggenheim Investments” (the “Sponsor”) deposited 1,000 Swedish Kronor in the Trust’s primary deposit account held by JPMorgan Chase Bank, N.A., London Branch (the “Depository”). The Sponsor is a Delaware limited liability company whose sole member is Security Investors, LLC (also d/b/a “Guggenheim Investments”). The Sponsor is responsible for, among other things, overseeing the performance of The Bank of New York Mellon (the “Trustee”) and the Trust’s principal service providers, including the preparation of financial statements. The Trustee is responsible for the day-to-day administration of the Trust.
	The investment objective of the Trust is for the Trust’s shares (the “Shares”) to reflect the price of the Swedish Krona plus accrued interest less the Trust’s expenses and liabilities. The Shares are intended to provide investors with a simple, cost-effective means of gaining investment benefits similar to those of holding Swedish Kronor. The Trust’s assets primarily consist of Swedish Kronor on demand deposit in two deposit accounts maintained by the Depository: a primary deposit account which may earn interest and a secondary deposit account which does not earn interest. The secondary deposit account is used to account for any interest that may be received and paid out on creations and redemptions of blocks of 50,000 Shares (“Baskets”). The secondary account is also used to account for interest earned, if any, on the primary deposit account, pay Trust expenses and distribute any excess interest to holders of Shares (“Shareholders”) on a monthly basis.
	The accompanying audited financial statements were prepared in accordance with accounting principles generally accepted in the United States of America.

Significant_Accounting_Policie

Significant Accounting Policies	12 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Significant Accounting Policies	2	Significant Accounting Policies
		A.	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of the assets, liabilities and disclosures of contingent liabilities at the date of the financial statements, the reported amounts of revenue and expenses during the period and the evaluation of subsequent events through the issuance date of the financial statements. Actual results could differ from those estimates.
		B.	Foreign Currency Translation
	The Trustee calculates the Trust’s net asset value (“NAV”) each business day, as described in Note 4. As of November 13, 2008, Swedish Krona deposits (cash) are translated for NAV calculation purposes at the Closing Spot Rate, which is the Swedish Krona/USD exchange rate as determined by The WM Company, at 4:00 PM (London time / London fixing) on each day that NYSE Arca is open for regular trading.
	The functional currency of the Trust is the Swedish Krona in accordance with generally accepted accounting standards. For financial statement reporting purposes, the U.S. Dollar is the reporting currency. As a result, the financial records of the Trust are translated from Swedish Kronor to USD. The Closing Spot Rate on the last day of the period is used for translation in the statements of financial condition. The average Closing Spot Rate for the period is used for translation in the statements of income and comprehensive income and the statements of cash flows. Any currency translation adjustment is included in comprehensive income.
		C.	Federal Income Taxes
	The Trust is treated as a “grantor trust” for federal income tax purposes and, therefore, no provision for federal income taxes is required. Interest, gains and losses are passed through to the Shareholders.
	Shareholders generally will be treated, for U.S. federal income tax purposes, as if they directly owned a pro-rata share of the assets held in the Trust. Shareholders also will be treated as if they directly received their respective pro-rata portion of the Trust’s income, if any, and as if they directly incurred their respective pro-rata portion of the Trust’s expenses. The acquisition of Shares by a U.S. Shareholder as part of a creation of a Basket will not be a taxable event to the Shareholder.
	The Sponsor’s fee accrues daily and is payable monthly. For U.S. federal income tax purposes, an accrual-basis U.S. Shareholder generally will be required to take into account as an expense its allocable portion of the USD-equivalent of the amount of the Sponsor’s fee that is accrued on each day, with such USD-equivalent being determined by the currency exchange rate that is in effect on the respective day. To the extent that the currency exchange rate on the date of payment of the accrued amount of the Sponsor’s fee differs from the currency exchange rate in effect on the day of accrual, the U.S. Shareholder will recognize a currency gain or loss for U.S. federal income tax purposes.
	The Trust does not expect to generate taxable income except for interest income (if any) and gain (if any) upon the sale of Swedish Kronor. A non-U.S. Shareholder generally will not be subject to U.S. federal income tax with respect to gain recognized upon the sale or other disposition of Shares, or upon the sale of Swedish Kronor by the Trust, unless: (1) the non-U.S. Shareholder is an individual and is present in the United States for 183 days or more during the taxable year of the sale or other disposition, and the gain is treated as being from United States sources; or (2) the gain is effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States.
	A non-U.S. Shareholder’s portion of any interest income earned by the Trust generally will not be subject to U.S. federal income tax unless the Shares owned by such non-U.S. Shareholder are effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States.
		D.	Revenue Recognition
	Interest on the primary deposit account, if any, accrues daily as earned and is received on a monthly basis.
		E.	Dividends
	To the extent that the interest earned by the Trust exceeds the sum of the Sponsor’s fee for the prior month plus other Trust expenses, if any, the Trust will distribute, as a dividend (herein referred to as dividends or distributions), the excess interest earned in Swedish Kronor effective on the first business day of the subsequent month. The Trustee will direct that the excess Swedish Kronor be converted into USD at a prevailing market rate and the Trustee will distribute the USD as promptly as practicable to Shareholders on a pro-rata basis (in accordance with the number of Shares that they own).

Swedish_Krona_Deposits

Swedish Krona Deposits	12 Months Ended
	Oct. 31, 2014
Text Block [Abstract]
Swedish Krona Deposits	3	Swedish Krona Deposits
	Swedish Krona principal deposits are held in a Swedish Krona-denominated, interest-bearing demand account. The interest rate in effect as of October 31, 2014 was an annual nominal rate of 0.00%. For the year ended October 31, 2014, there were no Swedish Krona principal deposits and there were Swedish Krona principal redemptions of 149,212,937 and Swedish Krone withdrawals (to pay expenses) of 250,546 resulting in an ending Swedish Krona principal balance of 248,507,990. This equates to 33,581,026 USD. For the year ended October 31, 2013, there were Swedish Krona principal deposits of 49,746,434 and there were Swedish Krona principal redemptions of 99,492,868, resulting in an ending Swedish Krona principal balance of 397,971,473. This equates to 61,500,293 USD. For the year ended October 31, 2012, there were no Swedish Krona principal deposits and there were Swedish Krona principal redemptions of 149,239,302, resulting in an ending Swedish Krona principal balance of 447,717,907. This equates to 67,474,140 USD.
	Net interest, if any, associated with creation and redemption activity is held in a Swedish Krona-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.

Redeemable_Capital_Shares

Redeemable Capital Shares	12 Months Ended
	Oct. 31, 2014
Equity [Abstract]
Redeemable Capital Shares	4	Redeemable Capital Shares
	Shares are classified as “redeemable” for financial statement purposes, since they are subject to redemption. Shares are issued and redeemed continuously in Baskets in exchange for Swedish Kronor. Individual investors cannot purchase or redeem Shares in direct transactions with the Trust. Only Authorized Participants (as defined below) may place orders to create and redeem Baskets. An Authorized Participant is a Depository Trust Company (“DTC”) participant that is a registered broker-dealer or other institution eligible to settle securities transactions through the book-entry facilities of DTC and which has entered into a contractual arrangement with the Trust and the Sponsor governing, among other matters, the creation and redemption process. Authorized Participants may redeem their Shares at any time in Baskets.
	Due to expected continuing creations and redemptions of Baskets and the three-day period for settlement of each creation or redemption, the Trust reflects Shares created as a receivable. Shares redeemed are reflected as a liability on the trade date. Outstanding Shares are reflected at a redemption value, which is the NAV per Share at the period end date. Adjustments to redeemable capital Shares at redemption value are recorded against retained earnings or, in the absence of retained earnings, by charges against the cumulative translation adjustment.
	Activity in redeemable capital Shares is as follows:
			Year ended						Year ended						Year ended
			October 31, 2014						October 31, 2013						October 31, 2012
			Shares			U.S. Dollar			Shares			U.S. Dollar			Shares			U.S. Dollar
						Amount						Amount						Amount
	Opening balance			400,000		$	61,516,024			450,000		$	67,506,654			600,000		$	92,435,034
	Shares issued			—			—			50,000			7,617,728			—			—
	Shares redeemed			(150,000	)		(22,257,896	)		(100,000	)		(15,232,896	)		(150,000	)		(21,970,127	)
	Adjustment to period Shares due to currency movement and other			—			(5,688,508	)		—			1,624,538			—			(2,958,253	)
	Ending balance			250,000		$	33,569,620			400,000		$	61,516,024			450,000		$	67,506,654
	The Trustee calculates the Trust’s NAV each business day. To calculate the NAV, the Trustee subtracts the Sponsor’s accrued fee through the previous day from the Swedish Kronor held by the Trust (including all unpaid interest accrued through the preceding day) and calculates the value of the Swedish Kronor in USD based upon the Closing Spot Rate. If, on a particular evaluation day, the Closing Spot Rate has not been determined and announced by 6:00 PM (London time), then the most recent Closing Spot Rate will be used to determine the NAV of the Trust unless the Trustee, in consultation with the Sponsor, determines that such price is inappropriate to use as the basis for the valuation. If the Trustee and the Sponsor determine that the most recent Closing Spot Rate is not an appropriate basis for valuation of the Trust’s Swedish Kronor, they will determine an alternative basis for the valuation. The Trustee also determines the NAV per Share, which equals the NAV of the Trust, divided by the number of outstanding Shares. Shares deliverable under a purchase order are considered outstanding for purposes of determining NAV per Share; Shares deliverable under a redemption order are not considered outstanding for this purpose.

Selected_Quarterly_Information

Selected Quarterly Information (Unaudited)	12 Months Ended
	Oct. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Information (Unaudited)	5	Selected Quarterly Information (Unaudited)
	Fiscal Period Ended October 31, 2014:
			Three months			Three months			Three months			Three months
			ended			ended			ended			ended
			October 31, 2014			July 31, 2014			April 30, 2014			January 31, 2014
	Income
	Interest Income		$	420		$	39,198		$	55,226		$	84,191
	Total Income			420			39,198			55,226			84,191
	Expenses
	Sponsor’s fee			(37,338	)		(44,945	)		(50,422	)		(57,646	)
	Total Expenses			(37,338	)		(44,945	)		(50,422	)		(57,646	)
	Net (Loss)/Income		$	(36,918	)	$	(5,747	)	$	4,804		$	26,545
	Basic and Diluted Earnings per Share		$	(0.14	)	$	(0.02	)	$	0.01		$	0.07
	Weighted-average Shares Outstanding			263,587			300,000			334,270			372,826
	Cash Dividends per Share		$	—		$	0.02		$	0.02		$	0.1
	Other Comprehensive Income/(Loss):
	Currency translation adjustment			1,544			175			(22	)		(43	)
	Total Comprehensive (Loss)/Income		$	(35,374	)	$	(5,572	)	$	4,782		$	26,502
	Fiscal Period Ended October 31, 2013:
			Three months			Three months			Three months			Three months
			ended			ended			ended			ended
			October 31, 2013			July 31, 2013			April 30, 2013			January 31, 2013
	Income
	Interest Income		$	107,512		$	120,994		$	125,440		$	146,684
	Total Income			107,512			120,994			125,440			146,684
	Expenses
	Sponsor’s fee			(61,894	)		(68,310	)		(70,331	)		(68,420	)
	Total Expenses			(61,894	)		(68,310	)		(70,331	)		(68,420	)
	Net Income		$	45,618		$	52,684		$	55,109		$	78,264
	Basic and Diluted Earnings per Share		$	0.11		$	0.12		$	0.12		$	0.17
	Weighted-average Shares Outstanding			400,000			448,370			467,416			451,087
	Cash Dividends per Share		$	0.11		$	0.12		$	0.12		$	0.21
	Other Comprehensive Income/(Loss):
	Currency translation adjustment			90			590			(329	)		2,902
	Total Comprehensive Income		$	45,708		$	53,274		$	54,780		$	81,166

Sponsors_Fee

Sponsor's Fee	12 Months Ended
	Oct. 31, 2014
Text Block [Abstract]
Sponsor's Fee	6	Sponsor’s Fee
	The Sponsor’s fee accrues daily at an annual nominal rate of 0.40% of the Swedish Kronor in the Trust (including all unpaid interest but excluding unpaid fees, each as accrued through the immediately preceding day) and is paid monthly.
	The Sponsor assumes and pays the following administrative and marketing expenses incurred by the Trust: the Trustee’s monthly fee, NYSE Arca listing fees, SEC registration fees, typical maintenance and transaction fees of the Depository, printing and mailing costs, audit fees and expenses, up to $100,000 per year in legal fees and expenses, and applicable license fees.
	In certain exceptional cases the Trust will pay for some expenses in addition to the Sponsor’s fee. These exceptions include expenses not assumed by the Sponsor (i.e., expenses other than those identified in the preceding paragraph), taxes and governmental charges, expenses and costs of any extraordinary services performed by the Trustee or the Sponsor on behalf of the Trust or action taken by the Trustee or the Sponsor to protect the Trust or the interests of Shareholders, indemnification of the Sponsor under the Depositary Trust Agreement, and legal expenses in excess of $100,000 per year.

Related_Parties

Related Parties	12 Months Ended
	Oct. 31, 2014
Related Party Transactions [Abstract]
Related Parties	7	Related Parties
	The Sponsor is a related party of the Trust. The Sponsor oversees the performance of the Trustee and the Trust’s principal service providers, including the preparation of financial statements, but does not exercise day-to-day oversight over the Trustee or the Trust’s service providers.

Concentration_Risk

Concentration Risk	12 Months Ended
	Oct. 31, 2014
Risks and Uncertainties [Abstract]
Concentration Risk	8	Concentration Risk
	All of the Trust’s assets are Swedish Kronor, which creates a concentration risk associated with fluctuations in the price of the Swedish Krona. Accordingly, a decline in the Swedish Krona to USD exchange rate will have an adverse effect on the value of the Shares. Factors that may have the effect of causing a decline in the price of the Swedish Krona include national debt levels and trade deficits, domestic and foreign inflation rates, domestic and foreign interest rates, investment and trading activities of institutions and global or regional political, economic or financial events and situations. Substantial sales of Swedish Kronor by the official sector (central banks, other governmental agencies and related institutions that buy, sell and hold Swedish Kronor as part of their reserve assets) could adversely affect an investment in the Shares.
	All of the Trust’s Swedish Kronor are held by the Depository. Accordingly, a risk associated with the concentration of the Trust’s assets in accounts held by a single financial institution exists and increases the potential for loss by the Trust and the Shareholders in the event that the Depository becomes insolvent.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Oct. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9	Commitments and Contingencies
	Under the Trust’s organizational documents, the Sponsor is indemnified against any liability or expense it incurs without negligence, bad faith or willful misconduct on its part. The Trust’s maximum exposure under this arrangement is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred.

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Use of Estimates		A.	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of the assets, liabilities and disclosures of contingent liabilities at the date of the financial statements, the reported amounts of revenue and expenses during the period and the evaluation of subsequent events through the issuance date of the financial statements. Actual results could differ from those estimates.
Foreign Currency Translation		B.	Foreign Currency Translation
	The Trustee calculates the Trust’s net asset value (“NAV”) each business day, as described in Note 4. As of November 13, 2008, Swedish Krona deposits (cash) are translated for NAV calculation purposes at the Closing Spot Rate, which is the Swedish Krona/USD exchange rate as determined by The WM Company, at 4:00 PM (London time / London fixing) on each day that NYSE Arca is open for regular trading.
	The functional currency of the Trust is the Swedish Krona in accordance with generally accepted accounting standards. For financial statement reporting purposes, the U.S. Dollar is the reporting currency. As a result, the financial records of the Trust are translated from Swedish Kronor to USD. The Closing Spot Rate on the last day of the period is used for translation in the statements of financial condition. The average Closing Spot Rate for the period is used for translation in the statements of income and comprehensive income and the statements of cash flows. Any currency translation adjustment is included in comprehensive income.
Federal Income Taxes		C.	Federal Income Taxes
	The Trust is treated as a “grantor trust” for federal income tax purposes and, therefore, no provision for federal income taxes is required. Interest, gains and losses are passed through to the Shareholders.
	Shareholders generally will be treated, for U.S. federal income tax purposes, as if they directly owned a pro-rata share of the assets held in the Trust. Shareholders also will be treated as if they directly received their respective pro-rata portion of the Trust’s income, if any, and as if they directly incurred their respective pro-rata portion of the Trust’s expenses. The acquisition of Shares by a U.S. Shareholder as part of a creation of a Basket will not be a taxable event to the Shareholder.
	The Sponsor’s fee accrues daily and is payable monthly. For U.S. federal income tax purposes, an accrual-basis U.S. Shareholder generally will be required to take into account as an expense its allocable portion of the USD-equivalent of the amount of the Sponsor’s fee that is accrued on each day, with such USD-equivalent being determined by the currency exchange rate that is in effect on the respective day. To the extent that the currency exchange rate on the date of payment of the accrued amount of the Sponsor’s fee differs from the currency exchange rate in effect on the day of accrual, the U.S. Shareholder will recognize a currency gain or loss for U.S. federal income tax purposes.
	The Trust does not expect to generate taxable income except for interest income (if any) and gain (if any) upon the sale of Swedish Kronor. A non-U.S. Shareholder generally will not be subject to U.S. federal income tax with respect to gain recognized upon the sale or other disposition of Shares, or upon the sale of Swedish Kronor by the Trust, unless: (1) the non-U.S. Shareholder is an individual and is present in the United States for 183 days or more during the taxable year of the sale or other disposition, and the gain is treated as being from United States sources; or (2) the gain is effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States.
	A non-U.S. Shareholder’s portion of any interest income earned by the Trust generally will not be subject to U.S. federal income tax unless the Shares owned by such non-U.S. Shareholder are effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States.
Revenue Recognition		D.	Revenue Recognition
	Interest on the primary deposit account, if any, accrues daily as earned and is received on a monthly basis.
Dividends		E.	Dividends
	To the extent that the interest earned by the Trust exceeds the sum of the Sponsor’s fee for the prior month plus other Trust expenses, if any, the Trust will distribute, as a dividend (herein referred to as dividends or distributions), the excess interest earned in Swedish Kronor effective on the first business day of the subsequent month. The Trustee will direct that the excess Swedish Kronor be converted into USD at a prevailing market rate and the Trustee will distribute the USD as promptly as practicable to Shareholders on a pro-rata basis (in accordance with the number of Shares that they own).

Redeemable_Capital_Shares_Tabl

Redeemable Capital Shares (Tables)	12 Months Ended
	Oct. 31, 2014
Equity [Abstract]
Schedule for Redeemable Capital Shares Activity	Activity in redeemable capital Shares is as follows:
		Year ended						Year ended						Year ended
		October 31, 2014						October 31, 2013						October 31, 2012
		Shares			U.S. Dollar			Shares			U.S. Dollar			Shares			U.S. Dollar
					Amount						Amount						Amount
	Opening balance		400,000		$	61,516,024			450,000		$	67,506,654			600,000		$	92,435,034
	Shares issued		—			—			50,000			7,617,728			—			—
	Shares redeemed		(150,000	)		(22,257,896	)		(100,000	)		(15,232,896	)		(150,000	)		(21,970,127	)
	Adjustment to period Shares due to currency movement and other		—			(5,688,508	)		—			1,624,538			—			(2,958,253	)
	Ending balance		250,000		$	33,569,620			400,000		$	61,516,024			450,000		$	67,506,654

Selected_Quarterly_Information1

Selected Quarterly Information (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Schedule of Selected Quarterly Information	Fiscal Period Ended October 31, 2014:
		Three months			Three months			Three months			Three months
		ended			ended			ended			ended
		October 31, 2014			July 31, 2014			April 30, 2014			January 31, 2014
	Income
	Interest Income	$	420		$	39,198		$	55,226		$	84,191
	Total Income		420			39,198			55,226			84,191
	Expenses
	Sponsor’s fee		(37,338	)		(44,945	)		(50,422	)		(57,646	)
	Total Expenses		(37,338	)		(44,945	)		(50,422	)		(57,646	)
	Net (Loss)/Income	$	(36,918	)	$	(5,747	)	$	4,804		$	26,545
	Basic and Diluted Earnings per Share	$	(0.14	)	$	(0.02	)	$	0.01		$	0.07
	Weighted-average Shares Outstanding		263,587			300,000			334,270			372,826
	Cash Dividends per Share	$	—		$	0.02		$	0.02		$	0.1
	Other Comprehensive Income/(Loss):
	Currency translation adjustment		1,544			175			(22	)		(43	)
	Total Comprehensive (Loss)/Income	$	(35,374	)	$	(5,572	)	$	4,782		$	26,502
	Fiscal Period Ended October 31, 2013:
		Three months			Three months			Three months			Three months
		ended			ended			ended			ended
		October 31, 2013			July 31, 2013			April 30, 2013			January 31, 2013
	Income
	Interest Income	$	107,512		$	120,994		$	125,440		$	146,684
	Total Income		107,512			120,994			125,440			146,684
	Expenses
	Sponsor’s fee		(61,894	)		(68,310	)		(70,331	)		(68,420	)
	Total Expenses		(61,894	)		(68,310	)		(70,331	)		(68,420	)
	Net Income	$	45,618		$	52,684		$	55,109		$	78,264
	Basic and Diluted Earnings per Share	$	0.11		$	0.12		$	0.12		$	0.17
	Weighted-average Shares Outstanding		400,000			448,370			467,416			451,087
	Cash Dividends per Share	$	0.11		$	0.12		$	0.12		$	0.21
	Other Comprehensive Income/(Loss):
	Currency translation adjustment		90			590			(329	)		2,902
	Total Comprehensive Income	$	45,708		$	53,274		$	54,780		$	81,166

Organization_and_Description_o1

Organization and Description of the Trust - Additional Information (Detail) (SEK)	12 Months Ended
	Oct. 31, 2014
	Depository
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Initial deposits by sponsor, primary deposit account	1,000
Organization formation date	8-Jun-06
Redemptions capital shares, number of shares in each block	50,000
Number of deposits accounts in which trust's assets primarily consist of Swedish Krona	2

Significant_Accounting_Policie2

Significant Accounting Policies - Additional Information (Detail) (USD $)	12 Months Ended
	Oct. 31, 2014
Accounting Policies [Abstract]
Provision for federal income taxes	$0
Minimum days required to stay for tax liability	183 days

Swedish_Krona_Deposits_Additio

Swedish Krona Deposits - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
	SEK	SEK	SEK	USD ($)	USD ($)	Redemptions payable [Member]	Redemptions payable [Member]	Redemptions payable [Member]
						USD ($)	USD ($)	USD ($)
Deposits [Line Items]
Swedish Krona principal deposits	0	49,746,434	0
Annual nominal rate of interest on deposit				0.00%
Swedish Krona principal redemptions	149,212,937	99,492,868	149,239,302
Swedish Krona deposits, interest bearing	248,507,990	397,971,473	447,717,907	33,581,026	61,500,293	33,581,026	61,500,293	67,474,140
Swedish Krona withdrawals (to pay expenses)	250,546

Redeemable_Capital_Shares_Addi

Redeemable Capital Shares - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2014
Equity [Abstract]
Redeemable capital shares, settlement of each creation or redemption period	3 days

Redeemable_Capital_Shares_Sche

Redeemable Capital Shares - Schedule for Redeemable Capital Shares Activity (Detail) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Equity [Abstract]
Opening balance, shares	400,000	450,000	600,000
Shares issued, shares		50,000
Shares redeemed, shares	-150,000	-100,000	-150,000
Adjustment to period Shares due to currency movement and other, shares	0	0	0
Ending balance, shares	250,000	400,000	450,000
Opening balance, amount	$61,516,024	$67,506,654	$92,435,034
Shares issued, amount		7,617,728
Shares redeemed, amount	-22,257,896	-15,232,896	-21,970,127
Adjustment to period Shares due to currency movement and other, amount	-5,688,508	1,624,538	-2,958,253
Ending balance, amount	$33,569,620	$61,516,024	$67,506,654

Selected_Quarterly_Information2

Selected Quarterly Information (Unaudited) - Schedule of Selected Quarterly Information (Detail) (USD $)	3 Months Ended								12 Months Ended
	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Income
Interest Income	$420	$39,198	$55,226	$84,191	$107,512	$120,994	$125,440	$146,684	$179,035	$500,630	$1,052,856
Total Income	420	39,198	55,226	84,191	107,512	120,994	125,440	146,684	179,035	500,630	1,052,856
Expenses
Sponsor's fee	-37,338	-44,945	-50,422	-57,646	-61,894	-68,310	-70,331	-68,420	-190,351	-268,955	-295,723
Total Expenses	-37,338	-44,945	-50,422	-57,646	-61,894	-68,310	-70,331	-68,420	-190,351	-268,955	-295,723
Net (Loss)/Income	-36,918	-5,747	4,804	26,545	45,618	52,684	55,109	78,264	-11,316	231,675	757,133
Basic and Diluted Earnings per Share	($0.14)	($0.02)	$0.01	$0.07	$0.11	$0.12	$0.12	$0.17	($0.04)	$0.52	$1.51
Weighted-average Shares Outstanding	263,587	300,000	334,270	372,826	400,000	448,370	467,416	451,087	317,534	441,507	502,186
Cash Dividends per Share		$0.02	$0.02	$0.10	$0.11	$0.12	$0.12	$0.21	$0.16	$0.56	$1.63
Other Comprehensive Income/(Loss):
Currency translation adjustment	1,544	175	-22	-43	90	590	-329	2,902	1,654	3,253	5,166
Total Comprehensive (Loss)/Income	($35,374)	($5,572)	$4,782	$26,502	$45,708	$53,274	$54,780	$81,166	($9,662)	$234,928	$762,299

Sponsors_Fee_Additional_Inform

Sponsor's Fee - Additional Information (Detail) (USD $)	12 Months Ended
	Oct. 31, 2014
Component Of Other Operation Expense [Line Items]
Sponsors' fee accrues daily and paid monthly, annual nominal rate	0.40%
Maximum [Member]
Component Of Other Operation Expense [Line Items]
Legal fees and expenses assumed by Sponsor	100,000
Minimum [Member]
Component Of Other Operation Expense [Line Items]
Legal fees and expenses not assumed by Sponsor	100,000