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EUR to NOK Rates - 2026 Forecast

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.

 

EUR/NOK Outlook:

The Euro (EUR) against the Norwegian krone (NOK) is currently slightly weaker and positioned below its recent average, reflecting economic uncertainties and some bearish developments in the Eurozone. The exchange rate is near recent lows.

Key drivers:

• Rate gap: The European Central Bank is maintaining interest rates amid economic caution, while the Norges Bank's tightening stance in response to rising inflation supports NOK strength.

• Risk/commodities: Recent oil prices are significantly above their average, benefiting the NOK as a commodity-driven currency, given Norway's strong links to energy markets.

• One macro factor: A recent drop in German consumer confidence may further undermine the EUR, adding pressure to its outlook.

Range:

The EUR/NOK rate is likely to drift within its recent 3-month range, weighed down by mixed signals from both the Eurozone and energy sectors.

What could change it:

• Upside risk: A strong economic recovery signal from the Eurozone could support the EUR.

• Downside risk: A significant decline in oil prices could adversely impact the NOK, leading to further EUR gains.

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 =
11.28We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d+0.2%▲
 
EUR to NOK is at 7-day highs near 11.28, 3.0% below its 3-month average of 11.63, having traded in a relatively stable 6.8% range from 11.22 to 11.98
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  1 NOK = 0.088648 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
12 Feb 2026
11.32
0.4% ▼2 Week
28 Nov 2025
11.75
4% ▼3 Month
26 Feb 2025
11.70
3.6% ▼1 Year
27 Feb 2021
10.45
7.9% ▲5 Year
29 Feb 2016
9.4596
19.2% ▲10 Year
03 Mar 2006
8.0111
40.8% ▲20 Year
EUR/NOK historic rates & change to 26-Feb-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