Norwegian Krone (NOK) Exchange Rates Today
Live rates, 30-day trends, and real talk about what banks charge you for Norwegian Krone.
Mid-market rate - no bank markup 200+ currencies Free
What is the Norwegian Krone?
Norway's sovereign wealth fund (the world's largest) is funded by oil revenues, making NOK sensitive to energy prices.
Symbol: kr ISO code: NOK Central bank: Norges Bank
BIS ranking: 16th most traded (the 16th most bought and sold currency worldwide) Used in: Norway
This page is a hub for all NOK exchange rates on our site. Use the converter above to check the current mid-market rate for Norwegian Krone against any supported currency, or scroll down to browse individual pair pages with 30-day charts, historical data, and conversion tables.
How Norwegian Krone is commonly exchanged
The Norwegian Krone is closely tied to oil and gas revenues - Norway is Europe's largest energy exporter. USD/NOK and EUR/NOK are the main pairs. Norway's sovereign wealth fund (the world's largest) provides long-term stability, but short-term NOK moves correlate strongly with energy prices.
Most NOK conversions pass through one of the major pairs listed below. For less common combinations, rates are computed as cross-rates through USD or EUR, which may carry a slightly wider spread.
Practical notes for Norwegian Krone
Travel and card conversions
If you are spending in Norwegian Krone, a card with no foreign transaction fee is typically the best option. Always choose to be charged in NOK (the local currency) at point of sale - selecting your home currency triggers Dynamic Currency Conversion, which adds an unnecessary 3-6% markup to your transaction.
Weekend and holiday pricing
Currency markets close Friday at 5pm Eastern and reopen Sunday at 5pm Eastern. During this window, the rate you see is Friday's closing price. Some providers widen their spreads on weekends. If your conversion is not urgent, waiting until Monday often means a tighter spread and a rate that reflects current market conditions.
Bank spreads
Banks and exchanges add different markups for different currencies. NOK typically has moderate spreads (2-4%) because it is traded in reasonable volume.
The Norges Bank and the Norwegian Krone
The Norges Bank targets close to 2% inflation and meets eight times per year.
Policy tool: The policy rate. Norway's vast oil revenues flow through the Government Pension Fund Global (the world's largest sovereign wealth fund).
Key data releases: Norwegian CPI, GDP, oil prices, and Norges Bank's rate path projections (uniquely transparent).
Did you know?
- Norway's sovereign wealth fund (Government Pension Fund Global) holds over $1.4 trillion in assets, making it the world's largest sovereign wealth fund - funded entirely by oil and gas revenues.
Frequently asked questions
What is the NOK exchange rate today?
The live mid-market rate is shown in the converter above. It updates every 60 seconds during market hours (Sunday 5pm ET through Friday 5pm ET). Scroll down to see NOK rates against all supported currencies.
What is the mid-market rate for Norwegian Krone?
The mid-market rate is the midpoint between wholesale buy and sell prices - the fairest benchmark before any provider adds markup. It is the rate shown on this page. Your bank or service will offer a different rate that includes their margin.
How is NOK performing this month?
Use the converter above and click through to any pair page to see the 30-day range bar, which shows where today's rate sits relative to the recent trend. The rate statistics panel shows 30-day low, high, average, and volatility.
Where can I find historical NOK rates?
Click on any pair page below and scroll to the history chart. You can view 7-day, 30-day, or 1-year history with daily rates. Use the date picker to look up a specific historical date.
What affects the value of Norwegian Krone?
Central bank interest rate decisions from the Norges Bank are typically the largest driver. Inflation data, economic growth figures, trade balances, and political stability also matter. On a day-to-day basis, scheduled economic data releases and central bank communication can cause noticeable moves.
Why do different sites show different NOK rates?
Different providers use different data sources, update at different times, and may show rates that already include their markup. The mid-market rate (shown here) is the most neutral benchmark. If a site shows a rate that is noticeably worse, that difference is likely their margin built into the number.
How is the NOK exchange rate set?
Most exchange rates are determined by supply and demand in the global forex market, where banks, funds, and corporations trade currencies 24 hours a day on weekdays. Interest rate differentials between central banks are the biggest long-term driver. No single entity "sets" the rate - it emerges from millions of transactions.
Learn more
- Norges Bank - Exchange Rates - Official Norwegian krone daily rates
- Statistics Norway (SSB) - Norwegian economic data including oil revenues, trade, and CPI
NOK rate statistics
Norwegian Krone rate context
We compare the current Norwegian Krone exchange rate against its recent trading range to help you decide whether now is a good time to convert. The live analysis updates throughout market hours.
Rate analysis updates when live data is available.
Forex Market Hours
The forex market is open 24 hours a day, five days a week. Trading passes between these major financial centers as the world turns.
| Market | Timezone | Local Time | Status |
|---|---|---|---|
| 🇦🇺 Sydney | AEST | — | — |
| 🇯🇵 Tokyo | JST | — | — |
| 🇬🇧 London | GMT/BST | — | — |
| 🇺🇸 New York | ET | — | — |
All NOK Currency Pairs
Live exchange rate pages for Norwegian Krone against every supported currency.