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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 appears range-bound, with current trading around recent lows.

Key drivers influencing this exchange rate include the interest rate differential; while the European Central Bank (ECB) maintains a flexible approach, Norges Bank kept its policy rate stable at 4.0%. Additionally, Norway's economic outlook faces challenges from declining oil prices, complicating monetary policy decisions. The Eurozone is projected to grow by 1.6% in 2026, supported by fiscal measures and military spending in Europe, which bolsters EUR stability.

The expected near-term range for EUR/NOK seems stable, with fluctuations around recent trading levels.

An upside risk could arise from further euro strengthening, potentially driven by positive ECB signals or robust economic data. Conversely, a downside risk includes continued drops in oil prices, which may exert pressure on the krone and steer the exchange rate lower.

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 =
11.79We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d−0.1%▼
 
EUR to NOK is at 7-day lows near 11.79, just above 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 = 0.084818 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
19 Dec 2025
11.87
0.3% ▼2 Week
04 Oct 2025
11.69
1.2% ▲3 Month
02 Jan 2025
11.69
1.2% ▲1 Year
03 Jan 2021
10.48
12.9% ▲5 Year
05 Jan 2016
9.5651
23.7% ▲10 Year
07 Jan 2006
7.9289
49.2% ▲20 Year
EUR/NOK historic rates & change to 02-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