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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 forecasts for the EUR to NOK exchange rate indicate a cautiously optimistic outlook for the Norwegian krone, influenced by various economic factors and monetary policy movements in both the Eurozone and Norway. Currently trading at 11.73, the EUR to NOK rate is slightly below its three-month average and has remained within a stable range of 11.56 to 11.98.

Analysts note that the European Central Bank (ECB) is weighing potential rate cuts amid rising inflation risks, which could lead to a weaker euro. ECB Chief Economist Philip Lane has suggested that a growing risk of inflation undershooting the target might support such a rate adjustment. In the broader context, geopolitical tensions, especially concerning the ongoing war in Ukraine, continue to create uncertainty for the euro, influencing its trading patterns.

On the other hand, Norway has seen recent movement in its monetary policy. Following a surprise rate cut by Norges Bank in June, expectations have shifted, with Bank of America projecting a stronger Norwegian krone against the euro, forecasting an EUR to NOK exchange rate of 11.30 by year-end. However, differing views from investment banks highlight some uncertainty in the NOK outlook, with ING anticipating further rate cuts that could maintain downward pressure on the EUR to NOK rate, whereas Danske Bank predicts that reduced yields could weaken the krone.

Additionally, the fluctuation in oil prices plays a significant role in the NOK’s performance, as it is tightly linked to energy exports. Recent data indicates that oil prices have been volatile, trading at 61.29 USD and 8.5% below their three-month average. Such trends can have downstream effects on the NOK, impacting its appeal as a currency amid changing global commodity prices.

Given these dynamics, both the euro and the krone are poised to face fluctuations in the near term, driven by central bank policies, inflation metrics, and geopolitical developments. As the currency market evolves, staying informed about these factors will be crucial for individuals and businesses engaging in international transactions.

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 =
11.73We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d−0.3%
EUR to NOK at 11.73 is just below its 3-month average, having traded in a very stable 3.6% range from 11.56 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
03 Oct 2025
11.69
0.8% 2 Week
19 Jul 2025
11.85
0.6% 3 Month
17 Oct 2024
11.82
0.3% 1 Year
18 Oct 2020
10.97
7.4% 5 Year
20 Oct 2015
9.2168
27.8% 10 Year
22 Oct 2005
7.7869
51.3% 20 Year
EUR/NOK historic rates & change to 17-Oct-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