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EUR to NOK - Exchange Rate Overview

Euro to Norwegian Krone exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

€1,000 EUR
=
kr10,861 NOK

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 EUR = 10.86 NOK

Sell EUR / Buy NOK 

 
EUR to NOK 90-day trend
ALERT:60-DAY LOWS |
EUR/NOK at 10.83 was trading 2.1% below AVG:11.06 with LO:10.02 and HI:12.7 (90 days). ALERT: EUR/NOK dropped to 60-DAY LOWS.

Euro to Norwegian Krone - Quick Conversions

EUR NOK
€ 1 kr 10.86
€ 5 kr 54.30
€ 10 kr 108.60
€ 20 kr 217.20
€ 50 kr 543.00
€ 100 kr 1,086
€ 250 kr 2,715
€ 500 kr 5,430
€ 1,000 kr 10,860
€ 2,000 kr 21,720
€ 5,000 kr 54,300
€ 10,000 kr 108,600
€ 50,000 kr 543,000
€ 100,000 kr 1,086,000
More amounts
EUR NOK
0.0921 kr 1
0.4604 kr 5
0.9207 kr 10
1.8415 kr 20
4.6037 kr 50
9.2074 kr 100
23.02 kr 250
46.04 kr 500
92.07 kr 1,000
184.15 kr 2,000
460.37 kr 5,000
920.74 kr 10,000
4,604 kr 50,000
9,207 kr 100,000
More amounts

To calculate your own EUR/NOK amounts use our Convert EUR to NOK quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for EUR/NOK International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 
 

Norwegian Krone (NOK) Country Guides

NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)Svalbard and Jan MayenSvalbard and Jan Mayen (NOK)

Euro and Norwegian Krone Forecasts

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)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

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.


How to get Best EUR to NOK Exchange Rates

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).

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.

 

What is a good EUR to NOK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the EUR to NOK exchange rate over periods upto 10 years.

EUR/NOKPeriod to 27-MayDateRate
0.1% ▼1 Week20 May 202010.8727
4.4% ▼30 Days27 Apr 202011.3581
5.1% ▲90 Days27 Feb 202010.3277
11.5% ▼1 Year28 May 20199.7338
27.3% ▼5 Years29 May 20158.5276
36.4% ▼10 Years30 May 20107.9621
EUR/NOK 10 year rates & changes to 27-May-2020 (10.8577)
 

When is the best time to exchange EUR to NOK?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all EUR Exchange Rates