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EUR to NOK Forecast – Euro to Norwegian krone

Latest EUR to NOK forecast including bank predictions, key market drivers and recent trends for EUR/NOK. See where analysts expect the pair to move and the factors likely to influence it.

 

EUR to NOK Forecast

In the near term, EUR/NOK is trading close to 11.14, near 90-day lows and below its 3-month average. The dominant driver is the central bank policy, with the euro pressured by the risk-off environment. European geopolitical tensions and energy concerns add to downside risks, supporting a weaker euro. Conditions suggest EUR/NOK may remain sensitive to global risk sentiment, with limited immediate upward movement.

Transfer implications

  • Expats: sending euros abroad to Norwegian krone may find current levels less favourable than recent lows if the pair declines further.
  • Travellers: buying Norwegian krone with euros could face pressure if the pair continues to fall, making NOK more expensive.
  • Businesses: paying invoices in Norwegian krone with euros might see less advantageous rates if euro weakness persists.

Key drivers

  • Rate gap: The euro remains supported by ECB policy uncertainty amid inflation and growth concerns.
  • Risk/commodities: The risk-off environment favors USD and CHF, putting pressure on EUR.
  • Global factors: Heightened European geopolitical tensions and energy dependence increase euro downside pressure.

What could change it

  • Upside risk: A shift in risk sentiment or geopolitical easing could support euro gains.
  • Downside risk: Further escalation of risk-off conditions or energy supply issues could deepen euro weakness.

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 =
11.13We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d−0.8%▼
90dLows◒
EUR to NOK is at 90-day lows near 11.14, 3.7% below its 3-month average of 11.57, having traded in a relatively stable 7.5% range from 11.14 to 11.98
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  1 NOK = 0.089826 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
20 Feb 2026
11.23
0.1% ▼2 Week
06 Dec 2025
11.77
4.7% ▼3 Month
06 Mar 2025
11.74
4.4% ▼1 Year
07 Mar 2021
10.17
10.3% ▲5 Year
08 Mar 2016
9.4156
19.2% ▲10 Year
11 Mar 2006
7.9776
40.6% ▲20 Year
EUR/NOK historic rates & change to 06-Mar-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