The striker was the top scorer in the Championship for Watford last season with 24 goals, but has now joined Swansea on a four-year deal for a £3.5m fee.
He passed a medical on Friday to finalise his switch to the Liberty Stadium and he is looking forward to playing under Brendan Rodgers.
"I'm delighted to have got everything sorted,'' Graham said. "I had been away on holiday so couldn't do it any sooner. Now I just can't wait to get started.
"I know Brendan has been an admirer of me for some time, which is flattering, and he had a bid rejected for me at the start of the season.
"He came to Carlisle to sign me when he was manager at Watford. But by the time I had arrived at Vicarage Road he had taken over at Reading.
"But it's a new chapter for me now at Swansea and I'm looking forward to it and having a good season in the Premier League.
"I've had a good chat with the gaffer and I liked what he had to say. He's driven; I'm driven and I'm looking forward to working with him and establishing a good relationship with him, the team and the fans.
"It's going to be a difficult task because there are no easy games in the Premier League. But the squad at Swansea is very strong and the way they play is suited to the Premier League. Hopefully I can come in and add to that.
"The way Swansea play is how football should be played and was a massive factor, together with my chat with Brendan, to me coming here."
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