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NOK to USD Rates - 2026 Forecast

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 NOK/USD exchange rate is slightly positive, but likely to move sideways as it currently sits above its 90-day average and is just below recent highs without a clear driver pushing it higher.

Key drivers:

• Rate gap: The Norges Bank's cautious stance on rate cuts supports the NOK against the USD.

• Risk/commodities: With Brent Crude OIL/USD trading significantly above its recent average, the strong oil prices support the value of the Norwegian Krone.

• One macro factor: The ongoing developments in US GDP growth are creating uncertainty that may impact USD strength.

Range:

Expect the NOK/USD to hold steady within its recent 3-month range, with potential movement either way depending on external factors.

What could change it:

• Upside risk: Any unexpected increase in oil prices could further boost the NOK.

• Downside risk: A disappointing US GDP report could weaken the USD and influence the NOK accordingly.

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 =
0.1052We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.1%
14dLows
NOK to USD at 0.1046 is 3.5% above its 3-month average of 0.1011, having traded in a relatively stable 7.6% range from 0.097970 to 0.1054
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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?

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