GBP/NOK trend & alerts
1 GBP = 11.77 NOK
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
British Pound Sterling
|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|
British Pound Sterling
|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|
|Country Guides (GBP & NOK)|
|United Kingdom (GBP)||Norway (NOK)||Bouvet Island (NOK)|
|Guernsey (GBP)||Isle of Man (GBP)||Jersey (GBP)|
|South Georgia And South Sandwich Islands (GBP)||Svalbard 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.
|1 Day||+1.1%||11.6491||15 Oct 2019|
|7 Day||+5.1%||11.2065||09 Oct 2019|
|30 Day||+5.8%||11.1324||16 Sep 2019|
|3 Month||+9.8%||10.7219||18 Jul 2019|
|1 Year||+9.6%||10.7402||16 Oct 2018|
|5 Year||+11.7%||10.5416||17 Oct 2014|
|10 Year||+28.3%||9.1741||18 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.
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.
We help you Compare & Save Money on Exchange Rates.
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