Loading...

Home pages - full list (A-Z)

AUD to NOK - Rate Guide

Australian Dollar to Norwegian Krone exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/NOK trend & alerts

1 AUD = 6.1878 NOK

AUD/NOK is trading well above the 90 day average 6.0984 with a range from LOW 6.0002 to HIGH 6.1802. There are currently no alerts.

View AUD/NOK - Interactive Chart

AUD/NOK Exchange Rates and Providers Compared

This guide to the Australian Dollar to Norwegian Krone exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to NOK comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the AUD/NOK Calculator.

AUD / NOK converter & margin calculator

A$AUD
krNOK
mid-rates

Compare how much you can save on AUD/NOK exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

Australian Dollar

Norwegian Krone

1 AUD 6.1878 NOK
5 AUD 30.94 NOK
10 AUD 61.88 NOK
20 AUD 123.76 NOK
50 AUD 309.39 NOK
100 AUD 618.78 NOK
250 AUD 1,546.95 NOK
500 AUD 3,093.90 NOK
1,000 AUD 6,187.80 NOK
2,000 AUD 12,375.60 NOK
5,000 AUD 30,939.00 NOK
10,000 AUD 61,878.00 NOK
50,000 AUD 309,390.00 NOK
100,000 AUD 618,780.00 NOK
See more

Australian Dollar

Norwegian Krone

0.1616 AUD 1 NOK
0.8080 AUD 5 NOK
1.6160 AUD 10 NOK
3.2320 AUD 20 NOK
8.0800 AUD 50 NOK
16.16 AUD 100 NOK
40.40 AUD 250 NOK
80.80 AUD 500 NOK
161.60 AUD 1,000 NOK
323.20 AUD 2,000 NOK
808.00 AUD 5,000 NOK
1,616.00 AUD 10,000 NOK
8,080.00 AUD 50,000 NOK
16,160.00 AUD 100,000 NOK
See more
Country Guides (AUD & NOK)
AustraliaAustralia (AUD)NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)
Christmas IslandChristmas Island (AUD)Cocos Keeling IslandsCocos Keeling Islands (AUD)Heard And McDonald IslandsHeard And McDonald Islands (AUD)
KiribatiKiribati (AUD)NauruNauru (AUD)Norfolk IslandNorfolk Island (AUD)
Svalbard And Jan MayenSvalbard And Jan Mayen (NOK)TuvaluTuvalu (AUD)

AUD/NOK - Historical Trends

This table shows historic rates and trends of Australian Dollar to Norwegian Krone over periods upto 10 years.

PeriodChange*AUD/NOKDate
1 Day-0.2%6.172114 Oct 2019
7 Day-0.1%6.165808 Oct 2019
30 Day+0.4%6.140215 Sep 2019
3 Month+2.4%6.017617 Jul 2019
1 Year+6%5.815215 Oct 2018
5 Year+7.4%5.739716 Oct 2014
10 Year+19.7%5.149817 Oct 2009

*For period to 15-Oct 21UTC when AUD/NOK was 6.1618

You can use our AUD interactive charts to check AUDNOK historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

AUD and NOK in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs NOK, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

The RBA dropped interest rates 25 basis points to a record 0.75% on Oct 1 with the Aussie responding with a drop below US67 cents. Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Norwegian Krone (NOK)

Sentiment on the krone improved drastically in June after Norway’s central bank raised interest rates and signalled further hikes this year, thereby bucking the trend for lower-rates globally.

Prior to this, against the US dollar, the krone had tested the massive 8.8 per USD level, a break of which would have had the krone at its weakest level in 3 years. The greenback was back buying 8.5 krone at the time of this report.

Late last year, against the euro, the krone struck a 10-year low of 10.057 per EUR; it has since recovered to levels near 9.65.

Danske Bank said following June’s meeting of the Norges Bank that it favoured more krone strength in the third quarter.

Why can't I just get the AUD/NOK market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / NOK was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates