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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.

 

Bias: The NOK/USD outlook is range-bound as the exchange rate is near the 90-day average and in the middle of the recent 3-month range.

Key drivers:

• Rate gap: Norges Bank has kept interest rates steady at 4.5%, offering a competitive yield compared to the US Federal Reserve's anticipated rate cuts.

• Risk/commodities: Oil prices are currently above average, which could support the NOK since Norway is a major oil exporter.

• One macro factor: The US unemployment rate fell unexpectedly, boosting demand for the USD as it has implications for Federal Reserve policy.

Range: The NOK/USD is likely to hold within its recent trading range, without testing the extremes in the short term.

What could change it:

• Upside risk: A stronger-than-expected US employment report could bolster the USD further.

• Downside risk: A drop in oil prices or a dovish tone from Norges Bank could weaken the NOK.

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 =
0.1021We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+1.1%▲
90dHighs◓
NOK to USD is at 90-day highs near 0.1015, 2.5% above its 3-month average of 0.099049, having traded in a quite stable 4.1% range from 0.097528 to 0.1015
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  1 USD = 9.7978 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