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EUR to NOK 2026 Forecasts

Analysis of recent euro → krone forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Norwegian krone performance and trends.

 

The EUR to NOK exchange rate has a bearish bias following recent weaker Eurozone data.

The key drivers include:

  • Interest rate differential: The Norges Bank holds a higher policy rate at 4.5%, while the European Central Bank maintains a lower neutral stance, contributing to NOK's strength.
  • Economic conditions: Recent data shows a contraction in German exports, and Eurozone retail sales have also slowed, impacting EUR negatively.
  • Oil prices: Energy prices, while volatile, are currently lower, influencing the NOK adversely as it is sensitive to oil market movements.

In the near term, the EUR/NOK is expected to trade in a stable range, reflecting the current market conditions.

An upside risk could arise from a rebound in Eurozone economic data, potentially boosting the euro. Conversely, a downside risk may come from sustained low oil prices further weakening the krone.

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.

 
Sell EUR   →   Buy NOK
1 EUR =
11.76We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d−0.2%▼
30dLows◒
EUR to NOK is at 30-day lows near 11.73, just below its 3-month average, having traded in a very stable 3.4% range from 11.59 to 11.98
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  1 NOK = 0.085059 EUR

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
26 Dec 2025
11.78
0.2% ▼2 Week
11 Oct 2025
11.76
no change3 Month
09 Jan 2025
11.75
0.1% ▲1 Year
10 Jan 2021
10.32
14% ▲5 Year
12 Jan 2016
9.6435
21.9% ▲10 Year
14 Jan 2006
8.0513
46.1% ▲20 Year
EUR/NOK historic rates & change to 09-Jan-2026

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