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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.

 

The NOK to USD exchange rate is currently bearish, experiencing pressures from both local and global economic factors. The interest rate differential is narrowing as Norges Bank maintains its policy rate, while the Federal Reserve plans to implement multiple rate cuts by mid-2026. This movement may weaken the USD further.

Oil prices are a significant driver; currently, crude is trading at 30-day highs, which could support the NOK as a major oil exporter. However, there is a notable decline in oil prices continuing to impact the krone's value.

In the near term, the NOK/USD trading range is expected to remain stable, reflecting recent trading patterns. An upside risk is the possibility of stronger oil prices boosting the krone. Conversely, a downside risk could stem from accelerating rate cuts by the Federal Reserve, applying further downward pressure on the USD and impacting the NOK's value against it.

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 =
0.099043We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.1%▼
14dLows◒
NOK to USD is at 14-day lows near 0.099039, near its 3-month average, having traded in a very stable 2.7% range from 0.097528 to 0.1002
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  1 USD = 10.10 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.

DateNOK/USDPeriod
27 Dec 2025
0.0999
2 Week
12 Oct 2025
0.0989
3 Month
10 Jan 2025
0.0871
1 Year
11 Jan 2021
0.1173
5 Year
13 Jan 2016
0.1131
10 Year
15 Jan 2006
0.1501
20 Year
NOK/USD 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/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