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EUR to NOK Calculator

Euro to Norwegian Krone - Convert Compare Save

 

EUR to NOK mid-rate = 9.7594

Right now the EUR/NOK market mid-rate is 9.7594 and represents ideally how many Norwegian Krone you can get for one Euro.

You can calculate equivalent Euro to Norwegian Krone currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for EUR to NOK transfers or buying NOK travel money.

EUR / NOK Converter


€EUR


krNOK
1 Euro equals
9.7594 Norwegian Krone

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

Foreign Transfers Travel Cash/Cards

 
 
3 Month EUR to NOK Chart
Loading EUR/NOK rates

Euro

Norwegian Krone

1 EUR 9.7594 NOK
5 EUR 48.80 NOK
10 EUR 97.59 NOK
20 EUR 195.19 NOK
50 EUR 487.97 NOK
100 EUR 975.94 NOK
250 EUR 2,439.85 NOK
500 EUR 4,879.70 NOK
1,000 EUR 9,759.40 NOK
2,000 EUR 19,518.80 NOK
5,000 EUR 48,797.00 NOK
10,000 EUR 97,594.00 NOK
50,000 EUR 487,970.00 NOK
100,000 EUR 975,940.00 NOK
See more

Euro

Norwegian Krone

0.1025 EUR 1 NOK
0.5125 EUR 5 NOK
1.0250 EUR 10 NOK
2.0500 EUR 20 NOK
5.1250 EUR 50 NOK
10.25 EUR 100 NOK
25.63 EUR 250 NOK
51.25 EUR 500 NOK
102.50 EUR 1,000 NOK
205.00 EUR 2,000 NOK
512.50 EUR 5,000 NOK
1,025.00 EUR 10,000 NOK
5,125.00 EUR 50,000 NOK
10,250.00 EUR 100,000 NOK
See more

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Euro to Norwegian Krone (EUR-NOK) - 10 Year History

The below table shows the historic variation in the EUR/NOK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of EUR versus other currencies : EUR historical charts.

DateExchange RatePeriodChange
21 Jan 20199.7419Latest
14 Jan 20199.80661 Week-0.66%
22 Dec 20189.96381 Month-2.23%
25 Jul 20189.54156 Months+2.1%
21 Jan 20189.62241 Year+1.24%
21 Jan 20179.00142 Years+8.23%
22 Jan 20148.35525 Years+16.6%
23 Jan 20099.035610 Years+7.82%

Best Rates for EUR/NOK Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


Why can't I just get the EUR/NOK market rate I see on Google or in the Media?

The EUR/NOK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the EUR / NOK was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market EUR/NOK midrate the better deal you are getting.

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

The three things you need in order to get a good EUR to NOK exchange rate

  1. Know the latest EUR/NOK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Euro and Norwegian Krone

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the EUR vs NOK, you should pay attention to both Euro and Norwegian Krone news and forecasts.

Euro (EUR) - Market news and forecasts

11-January-19: 2018 was a mixed year for the euro. A 4.6 percent loss versus the US dollar and a 3 percent loss versus the franc was offset by a near-6 percent gain versus the Australian dollar and small gains against the pound and Canadian dollar.

Risks to the euro in 2019 will include Brexit, slower economic growth and the Italian budget. The main supporting factor is the end of economic stimulus by the ECB, which may or may not be followed by an interest rate hike later in the year.

Forecasts: For the month of January, SEB recommend betting on euro depreciation versus JPY, SEK and NOK on grounds of seasonality.

In the months ahead, EUR/GBP should weaken from levels in the mid-£0.89s (as of January-11) according to Bank of America, since “all pathways are leading to a soft Brexit” — something that would be a shot in the arm to sterling.

For EUR/USD, both Danske Bank and Bank of America retain end-of-year forecasts of $1.25, from rates at the time of writing in the mid-$1.14s. $1.25 represents the equilibrium exchange rate for this pair, BAML researchers said.

Norwegian Krone (NOK) - Market news and forecasts

It was a highly disappointing third-quarter for the Norwegian krone. The currency was battered following a collapse in the price of oil, upon which the Norwegian economy relies heavily.

Between October-3 and December-18, the price for WTI crude oil fell 40 percent, which led the krone 7 percent lower against the dollar within the same period, to a 2-year low of Kr8.728, and 5 percent lower against the euro, to a 1-year low of Kr9.926.

Conditions away from energy markets were relatively good for the krone but clearly weren’t enough. Chief among supporting factors is monetary policy. In September, interest rates in Norway were raised for the first time since 2011. The quarter-point hike from 0.5 percent to 0.75 percent is likely to be followed by another in early 2019 unless the Norges Bank changes tune because of oil prices.

Currency News and Forecasts - Euro

Euro Struggles on Increased Recession Risk; Rand Outlook Worsens After ...
Euro Fails in Breakout Attempt, Has Mixed Outlook in 2019
Outlook for Singapore Dollar Is Bright; Swiss Franc Strong In Spite of ...
USD Nears Peak; Oil Rebound to Send CAD Higher, INR to Record Low
Pound to Rebound Higher in 2019, Says SEB; No-Deal Brexit Unlikely
Stock Market Rout Sends Australian Dollar Tumbling