Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
 

Best NOK to EUR Exchange Rates Compared Live

The best NOK to EUR exchange rate is 0.085452. Compare foreign transfer and currency exchange rates, find better rates & deals.

NOK-EUR Best Exchange Rate Calculator
 

Comparing NOK-EUR exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Norwegian krone (NOK) to Euro (EUR) rates from different sources before making a conversion.

The above Krone to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest NOK-EUR mid-rate (see below) and the possible savings of using another provider.

 
 

NOK to EUR Market Data

Norwegian krone (NOK) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 NOK =
0.085452We compare provider deals to this wholesale mid-market rate. Read more
EUR
-0.3%
📉3M
NOK to EUR at 0.085435 is 2.5% below its 3-month average of 0.087621, having traded in a quite stable 4.4% range from 0.085376 to 0.089138
|
Sell NOK   â†’   Buy EUR
My Rates

Manage My Rates   


DateNOK/EURPeriod
10 Mar 2024
0.0877
2 Week
25 Dec 2023
0.0891
3 Month
25 Mar 2023
0.0886
1 Year
26 Mar 2019
0.1038
5 Year
27 Mar 2014
0.1211
10 Year
29 Mar 2004
0.1183
20 Year
NOK/EUR historic rates
 

What are equivalent amounts of NOK and EUR?

Here are some popular conversion amounts for NOK to EUR (Norwegian krone to Euro)*.

NOK EUR
kr 1 0.0855
kr 5 0.4273
kr 10 0.8545
kr 20 1.7090
kr 50 4.2726
kr 100 8.5452
kr 250 21.36
kr 500 42.73
kr 1,000 85.45
kr 2,000 170.90
kr 5,000 427.26
kr 10,000 854.52
kr 20,000 1,709
kr 50,000 4,273
kr 100,000 8,545
NOK EUR
kr 11.70 € 1
kr 58.50 € 5
kr 117.00 € 10
kr 234.00 € 20
kr 585.00 € 50
kr 1,170 € 100
kr 2,925 € 250
kr 5,850 € 500
kr 11,700 € 1,000
kr 23,400 € 2,000
kr 58,500 € 5,000
kr 117,000 € 10,000
kr 234,000 € 20,000
kr 585,000 € 50,000
kr 1,170,000 € 100,000

More amounts

*Converted at the current NOKEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for NOK to EUR

 

Based on recent exchange rate analyst forecasts and currency market updates, the outlook for the NOK to EUR exchange rate appears to be influenced by various factors. The Euro (EUR) has shown resilience despite concerns about the health of the Eurozone's largest economy, Germany, and the potential for a Eurozone recession. The Euro has also been affected by ECB policies, with expectations of rate cuts impacting its performance. Additionally, the EUR/USD pair is expected to see a bullish trend based on forecasts for 2024, potentially strengthening from 1.07 to 1.15 by the end of the year.

Read our full review of recent NOK to EUR forecasts.

 

How to get a good NOK to EUR exchange rate

There are several ways to save on exchange rates when converting Norwegian krone to Euro:

  1. Shop around for the best NOK/EUR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the NOK/EUR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both NOK and EUR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Euro with Norwegian krone, then it's better for the NOK/EUR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Norwegian krone rise against the Euro?

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 NOK/EUR to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage My Rates   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to the Eurozone - a practical currency and money guide to travel, living and doing business in the Eurozone with the Euro.

 
 
 

Currency Country Guides

EurozoneEurozone (EUR)NorwayNorway (NOK)Aaland IslandsAaland Islands (EUR)
AndorraAndorra (EUR)AustriaAustria (EUR)BelgiumBelgium (EUR)
CroatiaCroatia (EUR)CyprusCyprus (EUR)EstoniaEstonia (EUR)
FinlandFinland (EUR)FranceFrance (EUR)French GuineaFrench Guinea (EUR)
French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)GreeceGreece (EUR)
GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)IrelandIreland (EUR)
ItalyItaly (EUR)LuxembourgLuxembourg (EUR)MaltaMalta (EUR)
MartiniqueMartinique (EUR)MayotteMayotte (EUR)MonacoMonaco (EUR)
MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)PortugalPortugal (EUR)
ReunionReunion (EUR)Saint BarthelemySaint Barthelemy (EUR)Saint MartinSaint Martin (EUR)
Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)
SloveniaSlovenia (EUR)SpainSpain (EUR)
 

Which Eurozone country has the cheapest cost of living?

The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:

  • Greece: Greece has a relatively low cost of living compared to other Eurozone countries.

  • Portugal: Portugal has a lower cost of housing than in other Eurozone countries.

  • Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.

  • Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.

    Read more at our Eurozone (EUR) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

^ Scroll back up to ^

^