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GBP to NOK 2025 Forecasts

Analysis of recent sterling → krone forecasts for 2025. We collate forecasts from respected FX analysts together with the latest British pound to Norwegian krone performance and trends.

 

The GBP to NOK exchange rate has recently reflected a mixture of economic indicators and geopolitical influences. Currently, GBP is trading at approximately 13.65 NOK, which is just below its 3-month average and has seen a stable range of 4.2% from 13.35 to 13.91. The recent decline in GBP was fueled by disappointing PMI results indicating a slowdown in service sector activity in the UK and increasing job losses, which have led to heightened expectations of further rate cuts from the Bank of England (BoE).

Additionally, external pressures have emerged in the form of a 10% reciprocal tariff imposed by the US on UK goods, contributing to a negative outlook for the pound. Market observers suggest that GBP will remain sensitive to any further economic data, particularly retail sales figures due out soon, as a rebound in consumer spending could provide some support for the currency.

Meanwhile, the NOK has shown significant strength, climbing 9% against the dollar year-to-date, largely supported by improved European economic sentiment and an inflation surprise in Norway. Analysts note that the Norges Bank remains cautious, with expectations of only minimal easing over the next year, which has helped bolster the NOK. The EUR/NOK is viewed by some experts as undervalued, suggesting a potential rebound could occur if broader European sentiment weakens.

Commodities, particularly oil, are also crucial to the NOK's performance. Currently, oil prices are trading at $68.44 per barrel, slightly above the 3-month average, amidst a volatile trading range. As Norway's economy is heavily reliant on oil exports, fluctuations in oil prices will continue to affect NOK's strength.

In summary, the GBP to NOK exchange rate is likely to remain in flux, responding to UK economic indicators and geopolitical developments, while the NOK is poised to maintain its gains backed by robust economic fundamentals and commodity prices, particularly oil. Future movements in the GBP to NOK pair will depend closely on the outcomes of upcoming economic releases and overall market sentiment.

GBP-NOK Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to NOK Market Data

British pound (GBP) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
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NOK
-0.3%
GBP to NOK at 13.65 is just below its 3-month average, having traded in a quite stable 4.2% range from 13.35 to 13.91
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Compare & Save - British pound to Norwegian krone

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to Norwegian krone (NOK) rates from different sources before making a conversion.

Use our GBP 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 Sterling to Krone currency rates and the possible savings of using various providers.

 
 

Will the British pound 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 British pound vs Norwegian krone current value is to look the GBP/NOK historic rate and change over a range of periods.

The following table looks at the change in the GBP to NOK exchange rate over periods from the previous week back to the last 10 years.

DateGBP/NOKChangePeriod
11 Jul 2025
13.67
0.1% 2 Week
26 Apr 2025
13.90
1.6% 3 Month
25 Jul 2024
14.18
3.5% 1 Year
26 Jul 2020
11.72
16.7% 5 Year
28 Jul 2015
12.75
7.3% 10 Year
30 Jul 2005
11.42
19.8% 20 Year
GBP/NOK historic rates & change to 25-Jul-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 GBP/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