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Best EUR to NOK Exchange Rates Compared Live

The best EUR to NOK exchange rate is 11.71. Compare foreign transfer and currency exchange rates, find better rates & deals.

EUR-NOK Best Exchange Rate Calculator
 

Comparing EUR-NOK exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Norwegian krone (NOK) rates from different sources before making a conversion.

The above Euro to Krone comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest EUR-NOK mid-rate (see below) and the possible savings of using another provider.

 

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

EUR to NOK Market Data

Euro (EUR) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 EUR =
11.71We compare provider deals to this wholesale mid-market rate. Read more
NOK
+0.3%
📈3M
EUR to NOK is at 90-day highs near 11.71, 2.6% above its 3-month average of 11.41, having traded in a quite stable 4.4% range from 11.22 to 11.71
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DateEUR/NOKChangePeriod
14 Mar 2024
11.50
1.7% â–²2 Week
29 Dec 2023
11.29
3.6% â–²3 Month
29 Mar 2023
11.30
3.5% â–²1 Year
30 Mar 2019
9.6801
20.9% â–²5 Year
31 Mar 2014
8.2510
41.8% â–²10 Year
02 Apr 2004
8.3609
39.9% â–²20 Year
EUR/NOK historic rates & change to 28-Mar-2024
 

What are equivalent amounts of EUR and NOK?

Here are some popular conversion amounts for EUR to NOK (Euro to Norwegian krone)*.

EUR NOK
€ 1 kr 11.71
€ 5 kr 58.55
€ 10 kr 117.10
€ 20 kr 234.20
€ 50 kr 585.50
€ 100 kr 1,171
€ 250 kr 2,928
€ 500 kr 5,855
€ 1,000 kr 11,710
€ 2,000 kr 23,420
€ 5,000 kr 58,550
€ 10,000 kr 117,100
€ 20,000 kr 234,200
€ 50,000 kr 585,500
€ 100,000 kr 1,171,000
EUR NOK
0.0854 kr 1
0.4269 kr 5
0.8538 kr 10
1.7075 kr 20
4.2688 kr 50
8.5375 kr 100
21.34 kr 250
42.69 kr 500
85.38 kr 1,000
170.75 kr 2,000
426.88 kr 5,000
853.75 kr 10,000
1,708 kr 20,000
4,269 kr 50,000
8,538 kr 100,000

More amounts

*Converted at the current EURNOK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for EUR to NOK

 

Based on recent exchange rate forecasts and market updates, the Euro (EUR) is facing pressure amid bets for a potential interest rate cut by the European Central Bank (ECB) and concerns over Eurozone economic performance. The EUR/USD pair is expected to exhibit a cautiously optimistic outlook for the remainder of 2024, with a bias towards strengthening, possibly reaching 1.15 by year-end, driven by potential US economic slowdown and corresponding Federal Reserve policy adjustments. However, uncertainties surrounding the timing and extent of ECB rate cuts could influence the trajectory of the Euro against the US Dollar.

Read our full review of recent EUR to NOK forecasts.

 

How to get a good EUR to NOK exchange rate

There are several ways to save on exchange rates when converting Euro to Norwegian krone:

  1. Shop around for the best EUR/NOK exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the EUR/NOK rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and NOK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Norwegian krone with Euro, then it's better for the EUR/NOK exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Euro rise against the Norwegian krone?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/NOK to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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Read our Currency guide to Norway - a practical currency and money guide to travel, living and doing business in Norway with the Norwegian krone.

 
 
 

Currency Country Guides

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Svalbard and Jan MayenSvalbard and Jan Mayen (NOK)
 

What is the cost of living in Norway?

There is no definitive answer to this question as the cost of living can vary greatly depending on lifestyle and location. However, according to Expatistan, the cost of living in Norway is generally high, with Oslo being the most expensive city.

Read more at our Norway (NOK) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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