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.
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The best EUR to NOK exchange rate is our partner deal rate of 11.45 from OFX . This is -0.52% compared to the mid-market rate 11.51.
The standard OFX EUR-NOK rate is 11.2779, -2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Norwegian krone (NOK) rates from different sources before making a conversion.
Looking at our comparison table the best EUR to NOK exchange rate is 11.45 from OFX, -0.52% from the mid-market rate 11.51. The next best rate is 11.44 from XE, -0.61% from the mid-rate. Then Wise with 11.43 is -0.7% from the mid-rate.
The Western Union rate is 11.34 which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Euro to Krone comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest EUR-NOK mid-rate (see Market Data below ) and the possible savings of using various providers.
Euro (EUR) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | EUR/NOK | Change | Period |
|---|---|---|---|
16 May 2025 | 11.59 | 0.7% ▼ | 2 Week |
01 Mar 2025 | 11.68 | 1.5% ▼ | 3 Month |
30 May 2024 | 11.43 | 0.7% ▲ | 1 Year |
31 May 2020 | 10.82 | 6.4% ▲ | 5 Year |
02 Jun 2015 | 8.7427 | 31.7% ▲ | 10 Year |
04 Jun 2005 | 7.8811 | 46% ▲ | 20 Year |
Here are some popular conversion amounts for EUR to NOK (Euro to Norwegian krone)*.
*Converted at the current EURNOK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The EUR to NOK exchange rate is currently under pressure, following both economic and geopolitical developments. Recently, the exchange traded at 11.51, approximately 1.5% below its three-month average of 11.68, fluctuating within a stable 7.2% range from 11.30 to 12.11. Analysts note that the euro has faced downward momentum due to a significant rise in German unemployment, adding concerns amid an already fragile economic environment in the Eurozone.
Read our full review of recent EUR to NOK forecasts.
There are several ways to save on exchange rates when converting Euro to Norwegian krone:
Generally speaking, if you are buying Norwegian krone with Euro, then it's better for the EUR/NOK exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Norway — a practical currency and money guide to travel in Norway plus living and doing business with the Norwegian krone.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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.
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
| Eurozone (EUR) | Norway (NOK) |  Bouvet Island (NOK) |
 Svalbard and Jan Mayen (NOK) |
There is no definitive answer to this question as the cost of living can vary greatly depending on lifestyle and location. However, according to Expatistan, the cost of living in Norway is generally high, with Oslo being the most expensive city.
Overall, the expat life in Norway is quite good. The country offers a high quality of life, including excellent healthcare and education. There is a strong sense of community, and Norwegians are generally very friendly and welcoming to foreigners. However, it can be expensive to live in Norway, and the winters can be long and dark.
There are laws in Norway that foreigners should be aware of, such as the law on public order and peace, the law on firearms and ammunition, as well as the law on narcotics.
Business in Norway is generally well organized and efficient. There is a high level of transparency and accountability, and businesses are expected to act in a socially responsible manner. Norway has a very strong welfare state, which provides a safety net for citizens and businesses. The country also has a highly developed infrastructure, which makes doing business relatively easy.
The economy of Norway is a mixed economy, a prosperous and developed socialist welfare state and the largest economy in the Nordic region.
Read more at our Norway (NOK) country guide
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
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