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NOK to USD 2026 Forecasts

Analysis of recent krone → dollar forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Norwegian krone to US dollar performance and trends.

 

NOK/USD Outlook: The outlook for NOK/USD is bullish, as the rate is currently above its recent average and near recent highs, supported by a rising oil price.

Key drivers:

• Rate gap: Norges Bank is taking a cautious approach to rates while the Federal Reserve is expected to cut rates further, which could weaken the USD.

• Risk/commodities: The recent surge in oil prices has benefitted the Norwegian Krone, as Norway is a significant oil exporter, reinforcing its strength against the USD.

• One macro factor: Recent geopolitical tensions involving the US have undermined the USD's stability, increasing market uncertainty.

Range: NOK/USD is likely to hold at elevated levels, with potential for further upward movement as oil prices remain strong.

What could change it:

• Upside risk: An unexpected increase in oil prices could strengthen NOK further.

• Downside risk: Additional rate cuts by the Federal Reserve could lead to a sharper decline in USD value.

NOK-USD Rate Calculator

 
   
   
   
   
 
   
 
 

NOK to USD Market Data

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

 
Sell NOK   →   Buy USD
1 NOK =
0.1035We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−1.4%▼
 
NOK to USD is at 7-day lows near 0.1020, 2.3% above its 3-month average of 0.099694, having traded in a relatively stable 7.5% range from 0.097528 to 0.1048
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  1 USD = 9.6646 NOK

Compare & Save - Norwegian krone to US dollar

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

Use our NOK to USD 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 Dollar currency rates and the possible savings of using various providers.

 
 

Will the Norwegian krone rise against the US dollar?

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

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

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/USD 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