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    GBP to NOK Exchange Rates

    Compare & Save on Pound Sterling to Norwegian krone FX rates - Check GBP/NOK Trends and Forecasts.

     
    1 GBP =
    11.76We compare provider deals to this wholesale mid-market rate. Read more
    NOK
    Sell GBP   →   Buy NOK
     
    4-DAY-3.3%
    14-DAYLOW
    GBP to NOK at 11.75 is near its 90-day average, range 11.49-12.16.
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    Track Rate
    GBP/NOK wasChangePeriod
    11.91
    23 Nov 2021
    0.4% 2 Weeks
    11.99
    08 Sep 2021
    0.3% 90 Days
    11.67
    07 Dec 2020
    2.5% 1 Year
    10.59
    08 Dec 2016
    12.9% 5 Years
    9.0026
    10 Dec 2011
    32.9% 10 Years
    12.93
    12 Dec 2001
    7.5% 20 Years
    GBP/NOK change over periods to 07-Dec-2021

    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.


    The outlook for the pound as we near the end of the year is increasingly uncertain due to rising inflation, slowing growth and unemployment, the combination of which creates a nightmare scenario for the Bank of England Monetary Policy Committee. GBP Outlook

    4-DAY-3.3%
    14-DAYLOW

    GBP to NOK - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     

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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest GBP to NOK Exchange Rate (shown above) or a transaction fee and often both!

     

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

       
     

    How to get a good GBP to NOK Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Norway.

     

    Will the Pound Sterling 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 GBP/NOK to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     

    Rate Tracker

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.