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EUR to NOK 2025 Forecasts

Analysis of recent euro → krone forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Euro to Norwegian krone performance and trends.

 

The recent exchange rate forecasts for the EUR to NOK pair suggest a complex landscape shaped by both eurozone challenges and Norwegian economic resilience. Analysts have noted that the euro (EUR) has experienced pressure due to uncertainty surrounding EU-US trade negotiations, leading to a decline amid the steepest drop in retail sales in almost two years. Key factors influencing the EUR include elevated inflation rates and potential ECB interest rate pauses, which create uncertainty around the euro's future strength. Economic growth concerns and geopolitical tensions also weigh heavily on the currency.

On the other hand, the Norwegian krone (NOK) has shown remarkable strength, up 9% year-to-date against the dollar, largely due to improved European economic sentiment and strong inflation data in Norway. With markets expecting only a minimal easing from the Norges Bank, there is a perception that the NOK may retain its upward momentum despite potential volatility in the EUR/NOK exchange rate.

Current market conditions indicate that EUR/NOK is trading at 11.83, which is approximately 1.0% above its three-month average of 11.71. This relatively modest deviation suggests a stable range recently, despite fluctuations between 11.41 and 12.11. ABN-Amro's projections highlight that EUR/NOK could be undervalued in the short term, forecasting a potential rebound to 11.50 in the upcoming quarter, particularly if US tariffs begin to negatively impact European economic sentiment.

The relationship between crude oil prices and the euro is also noteworthy, as oil has risen to 70.15, 4.8% above its three-month average. Given that the EU is significantly exposed to energy price dynamics, shifts in oil prices can influence the euro's valuation vis-a-vis the NOK.

In summary, while the NOK's recent performance reflects a strong economic outlook and market confidence in Norway, the euro's challenges may provide opportunities for fluctuations in the EUR/NOK exchange rate as geopolitical and economic factors evolve. Investors should remain attentive to ECB decisions, trade negotiations, and commodity price movements that could impact these currencies in the coming months.

EUR-NOK Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to NOK Market Data

Euro (EUR) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
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1 EUR =
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NOK
-0.3%
EUR to NOK at 11.83 is 1.0% above its 3-month average of 11.71, having traded in a relatively stable 6.1% range from 11.41 to 12.11
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Compare & Save - Euro to Norwegian krone

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Norwegian krone (NOK) rates from different sources before making a conversion.

Use our EUR to NOK calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Krone currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Norwegian krone?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Norwegian krone current value is to look the EUR/NOK historic rate and change over a range of periods.

The following table looks at the change in the EUR to NOK exchange rate over periods from the previous week back to the last 10 years.

DateEUR/NOKChangePeriod
25 Jun 2025
11.82
0.2% 2 Week
10 Apr 2025
12.14
2.5% 3 Month
09 Jul 2024
11.47
3.2% 1 Year
10 Jul 2020
10.65
11.2% 5 Year
12 Jul 2015
8.9176
32.8% 10 Year
14 Jul 2005
7.9288
49.3% 20 Year
EUR/NOK historic rates & change to 09-Jul-2025

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/NOK to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more