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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.

     

    Forecasts for GBP to NOK

     

    The GBP to NOK exchange rate is currently experiencing fluctuations primarily affected by geopolitical developments and market sentiments. Recent announcements from U.S. President Donald Trump, including a 10% tariff on UK imports, have introduced additional uncertainty into the GBP's trajectory. Following these developments, the pound faced some profit-taking, causing it to dip against most peers, and market watchers are awaiting outcomes from the UK-EU summit, where expectations for significant trading agreements may influence GBP performance.

    Currently, the GBP/NOK is trading at 13.80, only slightly below its three-month average of 13.87, demonstrating a relatively stable range with fluctuations between 13.53 and 14.23. However, with the Bank of England's monetary policy heavily reliant on economic indicators such as inflation and GDP growth, analysts note that ongoing political factors and trade discussions could further shape the pound's value. The uncertainty surrounding the UK's post-Brexit economic landscape continues to create volatility, which the GBP is expected to navigate.

    On the Norwegian side, the NOK has gained significant strength this year, bolstered by improved European economic sentiment and inflation surprises in Norway. With the NOK up approximately 9% against the dollar, expectations are that while further gains may be tempered, the currency remains robust due to strong trading fundamentals. Analysts highlight that the EUR/NOK pair could be undervalued based on optimistic European spending prospects, although a possible rebound may occur as U.S. tariffs impact European sentiment.

    In the backdrop, oil prices have shown volatility, with current prices around $65.52, which is about 4.5% lower than their three-month average. Given Norway's status as a major oil exporter, fluctuations in oil prices are crucial for NOK's performance. The recent range of the oil price has been substantial, showcasing a 27.3% variation from $60.14 to $76.54. Market experts suggest that as oil prices recover or further decline, additional pressures could emerge for the NOK, impacting its relative strength against the GBP.

    In summary, the GBP/NOK exchange rate is likely to remain influenced by a mixture of domestic UK developments, international trade arrangements, and the evolving economic landscape in Norway, particularly with regard to oil prices. Investors should keep a close watch on these factors to navigate potential volatility in their currency transactions effectively.

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    GBP to NOK Market Data

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

     
    Sell GBP   →   Buy NOK
    1 GBP =
    13.83We compare provider deals to this wholesale mid-market rate. Read more
    NOK
    +0.1%
    GBP to NOK at 13.80 is just 0.5% below its 3-month average of 13.87, having traded in a quite stable 5.2% range from 13.53 to 14.23
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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.

     
    DateGBP/NOKChangePeriod
    05 May 2025
    13.82
    0.1% 2 Week
    18 Feb 2025
    14.08
    1.9% 3 Month
    19 May 2024
    13.56
    1.8% 1 Year
    20 May 2020
    12.12
    13.9% 5 Year
    22 May 2015
    11.82
    16.8% 10 Year
    24 May 2005
    11.74
    17.6% 20 Year
    GBP/NOK historic rates & change to 19-May-2025
     

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    Will the British pound rise against the Norwegian krone?

    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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    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