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INR to NOK - Exchange Rate Overview

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

 
 

₹1,000 INR
=
kr131 NOK

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


 

Latest interbank exchange rate:

1 INR = 0.1310 NOK

Sell INR / Buy NOK 

 
INR to NOK 90-day trend
ALERTS:1-DAY1.2% | 60-DAY LOWS |
INR/NOK at 0.1309 was trading 3.1% below AVG:0.1351 with LO:0.1251 and HI:0.156 (90 days). ALERTS: Today INR/NOK was DOWN 1.2% and also dropped to 60-DAY LOWS.

Indian Rupee to Norwegian Krone - Quick Conversions

INR NOK
₹ 1 kr 0.1310
₹ 5 kr 0.6550
₹ 10 kr 1.3100
₹ 20 kr 2.6200
₹ 50 kr 6.5500
₹ 100 kr 13.10
₹ 250 kr 32.75
₹ 500 kr 65.50
₹ 1,000 kr 131.00
₹ 2,000 kr 262.00
₹ 5,000 kr 655.00
₹ 10,000 kr 1,310
₹ 50,000 kr 6,550
₹ 100,000 kr 13,100
More amounts
INR NOK
7.6336 kr 1
38.17 kr 5
76.34 kr 10
152.67 kr 20
381.68 kr 50
763.36 kr 100
1,908 kr 250
3,817 kr 500
7,634 kr 1,000
15,267 kr 2,000
38,168 kr 5,000
76,336 kr 10,000
381,680 kr 50,000
763,360 kr 100,000
More amounts

To calculate your own INR/NOK amounts use our Convert INR 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 INR/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)

Indian Rupee and Norwegian Krone Forecasts

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

Indian Rupee (INR)

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

In 2019 the rupee did remarkably well despite a 35 percent rise in the oil price last year (oil is India's largest import).

In early May 2019, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of 2018.

Read more in the article INR 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 INR 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 INR 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 INR to NOK exchange rate over periods upto 10 years.

PeriodDateRate
1 Week18 May 20200.1326
30 Days25 Apr 20200.1392
90 Days25 Feb 20200.1303
1 Year26 May 20190.1252
5 Years27 May 20150.1214
10 Years28 May 20100.1386
INR/NOK 10 year historic rates
 

When is the best time to exchange INR 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 INR Exchange Rates