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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

18 Apr 2026 • 01:01 GMT

NOK/EUR 0.090668

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0890 – 0.0910
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, NOK/EUR is trading near its 14-day high at 0.090668 and is above the 3-month average. The pair is supported by a rate differential that favors the euro. However, risk-off sentiment and safe-haven flows are presenting headwinds. Near-term conditions suggest the pair may face pressure and possibly consolidate within its recent range.

💸 Transfer implications

  • Expats: sending money to Euro (EUR) may find conversion conditions less favourable than recent levels.
  • Travellers: buying Euro cash or loading currency cards might encounter slightly weaker exchange rates.
  • Businesses: paying EUR invoices with NOK could see less advantageous conversion rates in the near term.

🧭 Key drivers

  • Rate gap: The ECB’s hawkish stance supports the euro, keeping the pair trading close to recent highs.
  • Risk/commodities: Risk sentiment remains cautious, pressuring risk-sensitive currencies and supporting safe havens.
  • Global factors: US dollar softness due to ceasefire developments reduces upward pressure on NOK/EUR.

⚠️ What could change it

  • Upside risk: A shift toward risk appetite could lift NOK/EUR toward recent highs.
  • Downside risk: The pair could weaken if safe-haven demand persists or risk sentiment worsens.

BER suggests comparing FX providers to find lower margins, which may help offset less favourable exchange conditions.

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.

 
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1 NOK =
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EUR
1d0.0%⬦
NOK to EUR is at 14-day highs near 0.090668, 2.2% above its 3-month average of 0.08872, having traded in a relatively stable 6.6% range from 0.085346 to 0.090990
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  1 EUR = 11.03 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
04 Apr 2026
0.0888
2 Week
18 Jan 2026
0.0854
3 Month
18 Apr 2025
0.0840
1 Year
19 Apr 2021
0.1002
5 Year
20 Apr 2016
0.1089
10 Year
23 Apr 2006
0.1276
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