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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 is currently range-bound.

Key drivers include:

  • Interest rates remain quite distinct, with the European Central Bank holding its policy steady at 4.0% while Norges Bank recently reduced its rate to 4.0%, leading to a limited interest rate differential.
  • Ongoing volatility in oil prices is notable, as current rates are below the three-month average, weakening the NOK.
  • Economic growth expectations in the Eurozone remain relatively positive; however, geopolitical issues and inflation continue to exert pressure.

In the near term, the EUR/NOK exchange rate is expected to trade within a stable range. Analysts anticipate fluctuations around recent highs, but within a defined range.

Upside risks include stronger-than-expected economic growth in the Eurozone, potentially bolstering the euro. Conversely, deterioration in global oil prices could further weaken the krone, leading to more significant EUR/NOK rates.

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 =
11.84We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d+0.3%
 
EUR to NOK is at 7-day highs near 11.84, just 0.8% above its 3-month average of 11.75, having traded in a very stable 3.4% range from 11.59 to 11.98
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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
18 Dec 2025
11.91
0.6% 2 Week
03 Oct 2025
11.69
1.3% 3 Month
01 Jan 2025
11.79
0.4% 1 Year
02 Jan 2021
10.48
13% 5 Year
04 Jan 2016
9.6115
23.2% 10 Year
06 Jan 2006
7.9424
49.1% 20 Year
EUR/NOK historic rates & change to 01-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