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EUR/NOK - Rate Guide

Euro 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.

 

EUR/NOK Exchange Rates and Providers Compared

This guide to the Euro to Norwegian Krone exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR 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 EUR/NOK Calculator.

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EUR/NOK - 90 Day Rate Alerts

1 EUR = 9.9386 NOK

NO ALERTS for EUR/NOK
EUR/NOK over the last 90 days

View EUR/NOK - Interactive Chart

EUR / NOK converter & margin calculator

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

Foreign Transfers Travel Money

Foreign Transfers Travel Money

Euro

Norwegian Krone

1 EUR 9.9386 NOK
5 EUR 49.69 NOK
10 EUR 99.39 NOK
20 EUR 198.77 NOK
50 EUR 496.93 NOK
100 EUR 993.86 NOK
250 EUR 2,484.65 NOK
500 EUR 4,969.30 NOK
1,000 EUR 9,938.60 NOK
2,000 EUR 19,877.20 NOK
5,000 EUR 49,693.00 NOK
10,000 EUR 99,386.00 NOK
50,000 EUR 496,930.00 NOK
100,000 EUR 993,860.00 NOK
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Euro

Norwegian Krone

0.1006 EUR 1 NOK
0.5030 EUR 5 NOK
1.0060 EUR 10 NOK
2.0120 EUR 20 NOK
5.0300 EUR 50 NOK
10.06 EUR 100 NOK
25.15 EUR 250 NOK
50.30 EUR 500 NOK
100.60 EUR 1,000 NOK
201.20 EUR 2,000 NOK
503.00 EUR 5,000 NOK
1,006.00 EUR 10,000 NOK
5,030.00 EUR 50,000 NOK
10,060.00 EUR 100,000 NOK
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Country Guides (EUR & NOK)
EurozoneEurozone (EUR)NorwayNorway (NOK)Aaland IslandsAaland Islands (EUR)
AndorraAndorra (EUR)AustriaAustria (EUR)BelgiumBelgium (EUR)
Bouvet IslandBouvet Island (NOK)CyprusCyprus (EUR)EstoniaEstonia (EUR)
FinlandFinland (EUR)FranceFrance (EUR)French GuineaFrench Guinea (EUR)
French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)GreeceGreece (EUR)
GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)IrelandIreland (EUR)
ItalyItaly (EUR)LuxembourgLuxembourg (EUR)MaltaMalta (EUR)
MartiniqueMartinique (EUR)MayotteMayotte (EUR)MonacoMonaco (EUR)
MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)PortugalPortugal (EUR)
ReunionReunion (EUR)Saint BarthélemySaint Barthélemy (EUR)Saint MartinSaint Martin (EUR)
Saint Pierre And MiquelonSaint Pierre And Miquelon (EUR)San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)
SloveniaSlovenia (EUR)SpainSpain (EUR)Svalbard And Jan MayenSvalbard And Jan Mayen (NOK)

EUR/NOK - Historical Trends

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

PeriodChange*EUR/NOKDate
1 Day-0.4%9.986922 Sep 2019
7 Day+0.9%9.858016 Sep 2019
30 Day-1%10.047724 Aug 2019
3 Month+2.4%9.711925 Jun 2019
1 Year+3.9%9.567123 Sep 2018
5 Year+21.9%8.158724 Sep 2014
10 Year+16.8%8.514425 Sep 2009

*For period to 23-Sep 21UTC when EUR/NOK was 9.9440

You can use our EUR interactive charts to check EURNOK historic trends.

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

 

EUR and NOK in the Markets

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

 

Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR 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 EUR/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 EUR / 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.

 

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