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NOK to EUR Forecasts – Norwegian krone to euro

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

 

NOK to EUR Forecast & Outlook

28 Mar 2026 • 00:57 GMT

NOK/EUR 0.088892

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0890 – 0.0910
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, NOK/EUR is trading close to recent highs within its range, supported by risk-off sentiment and the Eurozone's geopolitical concerns. The pair is holding near its 90-day average, with market conditions favoring a cautious approach. Near-term conditions suggest the pair could face pressure if risk appetite improves or geopolitical risks ease, but current levels may remain supported for now.

💸 Transfer implications

  • Expats: sending money to Euro zones may find current conditions slightly less favourable than recent levels if the pair weakens.
  • Travellers: exchanging Euro cash could see marginally higher costs if the pair declines.
  • Businesses: paying overseas Euro invoices with NOK may experience less advantageous exchange rates if downward pressure continues.

🧭 Key drivers

  • Rate gap: The Eurozone-US rate differential supports EUR, but elevated risk sentiment is restricting gains.
  • Risk/commodities: Heightened risk-off mode supports safe-havens, pressuring risk-sensitive FX.
  • Global factors: Market risk sentiment remains a dominant influence, driving the pair within its recent stable range.

⚠️ What could change it

  • Upside risk: An easing of risk-off tone or geopolitical resolution could support NOK gains.
  • Downside risk: A sharp deterioration in global risk sentiment or oil prices could weaken NOK further.

BER suggests considering multiple FX providers to reduce transfer costs amid current market volatility.

NOK-EUR Rate Calculator

 
 
   
   
   
   
   
 
 

NOK to EUR Market Data

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

 
Sell NOK   →   Buy EUR
1 NOK =
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EUR
1d−0.6%▼
NOK to EUR at 0.088892 is 1.4% above its 3-month average of 0.087654, having traded in a relatively stable 7.7% range from 0.084491 to 0.090990
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  1 EUR = 11.25 NOK

Compare & Save - Norwegian krone to euro

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

Use our NOK to EUR 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 Krone to Euro currency rates and the possible savings of using various providers.

 
 

Will the Norwegian krone rise against the Euro?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Norwegian krone vs euro current value is to look the NOK/EUR historic rate and change over a range of periods.

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

DateNOK/EURPeriod
14 Mar 2026
0.0895
2 Week
28 Dec 2025
0.0849
3 Month
28 Mar 2025
0.0876
1 Year
29 Mar 2021
0.0994
5 Year
30 Mar 2016
0.1059
10 Year
02 Apr 2006
0.1257
20 Year
NOK/EUR 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 NOK/EUR 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