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GBP to NOK - Rate Guide

British Pound Sterling 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.

 

GBP/NOK trend & alerts

1 GBP = 11.77 NOK

ALERTS: 14-DAY UP 5.3% | 90-DAY HIGH |
GBP/NOK is trading well above the 90 day average 11.03 with a range from LOW 10.62 to HIGH 11.77. ALERTS: GBP/NOK is UP 5.3% this 14-DAY period and has also risen to a 90-DAY HIGH.
 

View GBP/NOK - Interactive Chart

GBP/NOK Exchange Rates and Providers Compared

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

GBP / NOK converter & margin calculator

£GBP
krNOK
mid-rates

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

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Norwegian Krone

1 GBP 11.77 NOK
5 GBP 58.85 NOK
10 GBP 117.70 NOK
20 GBP 235.40 NOK
50 GBP 588.50 NOK
100 GBP 1,177.00 NOK
250 GBP 2,942.50 NOK
500 GBP 5,885.00 NOK
1,000 GBP 11,770.00 NOK
2,000 GBP 23,540.00 NOK
5,000 GBP 58,850.00 NOK
10,000 GBP 117,700.00 NOK
50,000 GBP 588,500.00 NOK
100,000 GBP 1,177,000.00 NOK
See more

British Pound Sterling

Norwegian Krone

0.0849 GBP 1 NOK
0.4247 GBP 5 NOK
0.8494 GBP 10 NOK
1.6987 GBP 20 NOK
4.2469 GBP 50 NOK
8.4937 GBP 100 NOK
21.23 GBP 250 NOK
42.47 GBP 500 NOK
84.94 GBP 1,000 NOK
169.87 GBP 2,000 NOK
424.69 GBP 5,000 NOK
849.37 GBP 10,000 NOK
4,246.85 GBP 50,000 NOK
8,493.70 GBP 100,000 NOK
See more
Country Guides (GBP & NOK)
United KingdomUnited Kingdom (GBP)NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)
GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)JerseyJersey (GBP)
South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)Svalbard And Jan MayenSvalbard And Jan Mayen (NOK)

GBP/NOK - Historical Trends

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

PeriodChange*GBP/NOKDate
1 Day+1.1%11.649115 Oct 2019
7 Day+5.1%11.206509 Oct 2019
30 Day+5.8%11.132416 Sep 2019
3 Month+9.8%10.721918 Jul 2019
1 Year+9.6%10.740216 Oct 2018
5 Year+11.7%10.541617 Oct 2014
10 Year+28.3%9.174118 Oct 2009

*For period to 16-Oct 21UTC when GBP/NOK was 11.7729

You can use our GBP interactive charts to check GBPNOK historic trends.

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

 

GBP and NOK in the Markets

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

British Pound Sterling (GBP)

On October 11 the pound had a large one-day rise against the Euro with signs that the EU and UK could still get a Brexit deal ahead of the October 31 deadline. Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP 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 GBP/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 GBP / 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.

 

View all GBP Exchange Rates