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EUR/NOK - Live Converters & Chart

Euro to Norwegian Krone - Convert Compare Save

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

 

EUR to NOK interbank exchange rate = 9.7996

This calculator converts amounts at the latest NOK/EUR mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

EUR / NOK converter & margin calculator

€EUR
krNOK
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers Travel Money

Euro

Norwegian Krone

1 EUR 9.7996 NOK
5 EUR 49.00 NOK
10 EUR 98.00 NOK
20 EUR 195.99 NOK
50 EUR 489.98 NOK
100 EUR 979.96 NOK
250 EUR 2,449.90 NOK
500 EUR 4,899.80 NOK
1,000 EUR 9,799.60 NOK
2,000 EUR 19,599.20 NOK
5,000 EUR 48,998.00 NOK
10,000 EUR 97,996.00 NOK
50,000 EUR 489,980.00 NOK
100,000 EUR 979,960.00 NOK
See more

Euro

Norwegian Krone

0.1020 EUR 1 NOK
0.5100 EUR 5 NOK
1.0200 EUR 10 NOK
2.0400 EUR 20 NOK
5.1000 EUR 50 NOK
10.20 EUR 100 NOK
25.50 EUR 250 NOK
51.00 EUR 500 NOK
102.00 EUR 1,000 NOK
204.00 EUR 2,000 NOK
510.00 EUR 5,000 NOK
1,020.00 EUR 10,000 NOK
5,100.00 EUR 50,000 NOK
10,200.00 EUR 100,000 NOK
See more
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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+0.33%9.783416 May 2019
1 Week+0.29%9.786910 May 2019
1 Month+2.3%9.594417 Apr 2019
6 Months+1.96%9.626718 Nov 2018
1 Year+2.37%9.587717 May 2018
5 Years+20.75%8.128818 May 2014
10 Years+11.97%8.766319 May 2009

*For period to 17-May 21UTC when EUR/NOK was 9.8152

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

Outlook and forecasts for EUR and NOK

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

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 the forecasts and trends for both Euro and Norwegian Krone:

 

Euro (EUR) outlook

Against the dollar and pound, the euro remains weak: rates between $1.11 and $1.12 haven’t been seen since June 2017, and a rate of £0.85 was only half a percent above a new 2-year low. The euro fared better against the Australian dollar, with EUR/AUD rates slightly above 2018’s average at A$1.595.

Euro weakness has been driven by Brexit uncertainties (a “flextension” means that Brexit has been pushed back until October) and has followed March’s meeting of the ECB, at which the central bank said it will not raise interest rates until 2020 as part of an effort to lift the eurozone economy out of this “period of continued [economic] weakness.”

Read the full article Euro Forecasts.

 

Norwegian Krone (NOK) outlook

In the second half of April, the Norwegian krone rallied to a 5-month high against the euro, at Kr9.56, and was strong against other major currencies. Strength was fuelled by a thriving oil market. Oil, Norway’s largest export, was up 44 percent on the year by April-20, to $65 per barrel. Also boosting the krone in April were better-than-expected inflation figures — inflation is now 2.9 percent, more than double that in the Euro Area (1.4 percent).

As expected, Norway's central bank raised interest rates to 1 percent in March. Tighter Norwegian monetary policy throughout 2019 would support the krone, especially if the ECB fails to raise rates.

Earlier this year, Lloyds predicted EUR/NOK at 9.4 at year-end. That level represents a major resistance point for the krone; EUR/NOK hasn’t broken below 9.4 since October 2017.

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

The EUR/NOK mid-rate is the rate you will see quoted online 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.

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 EUR Exchange Rates