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    Currency outlook MAD/NOK

    MAD to NOK Forecast & Outlook

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

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    Norwegian Krone Weekly Outlook

    Updated 18 Jul 2026 • 23:49 GMT

    The Norwegian krone (NOK) could be set for a potential rally against the euro, as monetary policy remains a key driver. The Norges Bank might implement another interest rate hike, possibly reaching 4.50% in August or September, which could mark the end of their current rate cycle. This move is anticipated to provide support to the krone, particularly against a backdrop where the US dollar's upside is seen as limited.

    Key watchpoints:

    • Monitor Norges Bank's interest rate decision in August and September for impacts on NOK.
    • Assess the broader G10 currency moves as the US dollar's influence weakens.
    • Evaluate the impact of Norges Bank's monetary policy as the rate cycle potentially concludes.

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    Rate direction

    MAD to NOK market data

    Moroccan dirham (MAD) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.

    Sell MAD   →   Buy NOK
    1 MAD =
    1.0187We compare provider deals to this wholesale mid-market rate. Read more
    NOK
    1D−0.1%▼
    MAD to NOK at 1.0220 is just 0.5% below its 3-month average of 1.0274, having traded in a quite stable 5.9% range from 0.9998 to 1.0586
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      1 NOK = 0.9816 MAD
     

    Will the Moroccan dirham 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 Moroccan dirham vs Norwegian krone current value is to look the MAD/NOK historic rate and change over a range of periods.

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

    DateMAD/NOKPeriod
    18 Jul 2026
    1.0352
    		2 Week
    03 May 2026
    1.0040
    		3 Month
    01 Aug 2025
    1.1267
    		1 Year
    02 Aug 2021
    0.9908
    		5 Year
    03 Aug 2016
    0.8668
    		10 Year
    06 Aug 2006
    0.7132
    		20 Year
    MAD/NOK historic rates

    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 MAD/NOK to your personalised Rate Tracker to track and benefit from currency movements.

     
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