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Norwegian krone (NOK) Market Update, Forecast & Key Drivers

Latest Norwegian krone news, forecasts and analysis. See what’s driving NOK exchange rates right now, including central-bank policy, global risk sentiment and major economic events.

 

NOK Market Update

30 Apr 2026 • 00:31 GMT

NOK/USD 0.1073

The Norwegian krone (NOK) has seen a notable rise against several major currencies recently. Against the US dollar, the NOK is trading at around 0.1073, which is about 2.6% above its three-month average. This suggests some strengthening after a relatively stable trading range. On the euro front, the NOK has reached a 90-day high near 0.0918, also approximately 2.6% above its typical level, supported by energy price gains and Norges Bank's hawkish stance. Similarly, against the British pound, the NOK is at 0.0795, roughly 2.3% above its average, indicating consistent strength.

The NOK has also hit 90-day peaks against the Japanese yen and Swiss franc, up around 4.2% and 3.6% respectively, reflecting energy markets' influence and positive investor sentiment. While the NOK's recent gains are promising, traders are cautious ahead of Norges Bank’s rate decision scheduled for May 7, which could affect further movements. Overall, the NOK remains robust in the short term, supported by strong energy prices and central bank signals, though market participants will be watching for upcoming economic data and policy updates for further direction.

📊 Quick forecast view

🔴 Mild downside

0.1060 – 0.1080

🌍 Global risk sentiment

⚪ Range-bound

 

US dollar to Norwegian krone - USD/NOK Trend

 
USD to NOK at 9.3249 is 2.5% below its 3-month average of 9.5659, having traded in a quite stable 5.4% range from 9.2952 to 9.7943
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1 USD =
9.2758We compare provider deals to this wholesale mid-market rate. Read more
NOK
 
1d0.0%
90dLows
 
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Top NOK Rates


Norwegian krone to US dollar
NOKUSD 90 day chart
NOK to USD
0.1078
1d0.0%
90dHighs

Norwegian krone to Canadian dollar
NOKCAD 90 day chart
NOK to CAD
0.1465
1d−0.1%

Norwegian krone to British pound
NOKGBP 90 day chart
NOK to GBP
0.079260
1d+0.2%

Norwegian krone to Indian rupee
NOKINR 90 day chart
NOK to INR
10.21
1d+0.3%
90dHighs

Norwegian krone to Japanese yen
NOKJPY 90 day chart
NOK to JPY
16.88
1d+0.4%
90dHighs

Norwegian krone to Australian dollar
NOKAUD 90 day chart
NOK to AUD
0.1498
1d+0.7%
90dHighs

Norwegian krone to Singapore dollar
NOKSGD 90 day chart
NOK to SGD
0.1372
1d+0.2%
90dHighs

Norwegian krone to Chinese yuan
NOKCNY 90 day chart
NOK to CNY
0.7361
1d0.0%
90dHighs

A-Z


Norwegian krone to Danish krone
NOKDKK 90 day chart
NOK to DKK
0.6867
1d+0.2%
90dHighs

Norwegian krone to British pound
NOKGBP 90 day chart
NOK to GBP
0.079260
1d+0.2%

Norwegian krone to Indian rupee
NOKINR 90 day chart
NOK to INR
10.21
1d+0.3%
90dHighs

Norwegian krone to Swedish krona
NOKSEK 90 day chart
NOK to SEK
0.9950
1d+0.3%
90dHighs

Norwegian krone to US dollar
NOKUSD 90 day chart
NOK to USD
0.1078
1d0.0%
90dHighs