The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
NOK to EUR Market Data
Norwegian krone (NOK) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the NOK to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Norwegian krone against the Euro is to review how the NOK/EUR rate has changed over time.
The table below shows the percentage change in the NOK to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The euro (EUR) has recently experienced a downward trend against the Norwegian krone (NOK), driven by cautious monetary policy from the European Central...
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Current market bias: Range-bound.
Key drivers:
- Interest rate differential shows ECB cautious on euro strength while Norges Bank holds steady at 4.0%, balancing inflation concerns.
- Global oil prices are declining, affecting the krone's stability due to Norway's reliance on energy exports.
- Economic performance in the Eurozone could shift sentiments on the euro.
Near-term range: Expect stable trading within a narrow range, with minimal fluctuations anticipated.
What could change it: Upside potential exists if Eurozone economic data strengthens; downside risk from a sharp drop in oil prices or dovish moves by Norges Bank could weaken the krone against the euro.
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EUR/NOK remains range-bound. ECB holds the euro steady while Norges Bank maintains rates at 4.0%, citing inflation. Global oil prices drop, complicating the krone’s outlook. Watch for Eurozone data—positive news could boost EUR. #EURNOK
@bestfxrates
NOK to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Norwegian krone are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different NOK amounts at today’s rate * :
What is the
best Send Money conversion rate for NOK to EUR?
The best NOK to EUR exchange rate is 0.0842 from OFX . This is -0.48% compared to the mid-market rate 0.084610.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Norwegian krone (NOK) to Euro (EUR) rates from different sources before making a conversion.
The above
Krone to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest NOK-EUR mid-rate and the possible savings of using various providers.
How do NOK-EUR rates compare between providers?
Looking at the full
NOK to EUR - Send Money comparison table the provider with the best NOK to EUR exchange rate is OFX at 0.0842, -0.48% from the latest mid-market rate 0.084610.
The next best is XE at 0.0841, -0.6% from the mid-rate.
Then Wise at 0.084, which is -0.72% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.