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NOK/EUR - Live Converters & Chart

Norwegian Krone to Euro - Convert Compare Save

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 and Travel Money transactions as shown below.

 

NOK to EUR interbank exchange rate = 0.1025

This calculator converts amounts at the latest EUR/NOK mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

NOK / EUR converter & margin calculator

krNOK
€EUR
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Norwegian Krone

Euro

1 NOK 0.1025 EUR
5 NOK 0.5125 EUR
10 NOK 1.0250 EUR
20 NOK 2.0500 EUR
50 NOK 5.1250 EUR
100 NOK 10.25 EUR
250 NOK 25.63 EUR
500 NOK 51.25 EUR
1,000 NOK 102.50 EUR
2,000 NOK 205.00 EUR
5,000 NOK 512.50 EUR
10,000 NOK 1,025.00 EUR
50,000 NOK 5,125.00 EUR
100,000 NOK 10,250.00 EUR
See more

Norwegian Krone

Euro

9.7595 NOK 1 EUR
48.80 NOK 5 EUR
97.60 NOK 10 EUR
195.19 NOK 20 EUR
487.98 NOK 50 EUR
975.95 NOK 100 EUR
2,439.88 NOK 250 EUR
4,879.75 NOK 500 EUR
9,759.50 NOK 1,000 EUR
19,519.00 NOK 2,000 EUR
48,797.50 NOK 5,000 EUR
97,595.00 NOK 10,000 EUR
487,975.00 NOK 50,000 EUR
975,950.00 NOK 100,000 EUR
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NOK/EUR - Historical Trends

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

PeriodNOK/EURDate
1 Day0.101918 May 2019
1 Week0.102012 May 2019
1 Month0.104519 Apr 2019
6 Months0.102420 Nov 2018
1 Year0.104519 May 2018
5 Years0.122720 May 2014
10 Years0.112621 May 2009

You can use our NOK interactive charts to check NOKEUR historic trends.

Outlook and forecasts for NOK and EUR

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the NOK vs EUR, you should pay attention to the forecasts and trends for both Norwegian Krone and Euro:

 

Norwegian Krone (NOK) outlook

In the second half of April, the Norwegian krone rallied to a 5-month high against the euro, at Kr9.56, and was strong against other major currencies. Strength was fuelled by a thriving oil market. Oil, Norway’s largest export, was up 44 percent on the year by April-20, to $65 per barrel. Also boosting the krone in April were better-than-expected inflation figures — inflation is now 2.9 percent, more than double that in the Euro Area (1.4 percent).

As expected, Norway's central bank raised interest rates to 1 percent in March. Tighter Norwegian monetary policy throughout 2019 would support the krone, especially if the ECB fails to raise rates.

Earlier this year, Lloyds predicted EUR/NOK at 9.4 at year-end. That level represents a major resistance point for the krone; EUR/NOK hasn’t broken below 9.4 since October 2017.

 

Euro (EUR) outlook

Against the dollar and pound, the euro remains weak: rates between $1.11 and $1.12 haven’t been seen since June 2017, and a rate of £0.85 was only half a percent above a new 2-year low. The euro fared better against the Australian dollar, with EUR/AUD rates slightly above 2018’s average at A$1.595.

Euro weakness has been driven by Brexit uncertainties (a “flextension” means that Brexit has been pushed back until October) and has followed March’s meeting of the ECB, at which the central bank said it will not raise interest rates until 2020 as part of an effort to lift the eurozone economy out of this “period of continued [economic] weakness.”

Read the full article Euro Forecasts.

Why can't I just get the NOK/EUR market rate I see online or in the media?

The NOK/EUR mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the NOK / EUR was traded (bought or sold) in the international markets.

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 NOK Exchange Rates