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Best NOK to SEK Exchange Rates Compared Live

The best NOK to SEK exchange rate is 0.9869. Compare foreign transfer and currency exchange rates, find better rates & deals.

NOK-SEK Best Exchange Rate Calculator
 

Comparing NOK-SEK exchange rates

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

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

 
 

NOK to SEK Market Data

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

 
1 NOK =
0.9869We compare provider deals to this wholesale mid-market rate. Read more
SEK
+0.0%
📈2W
NOK to SEK at 0.9848 is just below its 3-month average, having traded in a very stable 3.1% range from 0.9732 to 1.0034
|
Sell NOK   â†’   Buy SEK
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DateNOK/SEKPeriod
10 Mar 2024
0.9797
2 Week
25 Dec 2023
0.9812
3 Month
25 Mar 2023
1.0180
1 Year
26 Mar 2019
1.0816
5 Year
27 Mar 2014
1.0765
10 Year
29 Mar 2004
1.0974
20 Year
NOK/SEK historic rates
 

What are equivalent amounts of NOK and SEK?

Here are some popular conversion amounts for NOK to SEK (Norwegian krone to Swedish krona)*.

NOK SEK
kr 1 kr 0.9869
kr 5 kr 4.9345
kr 10 kr 9.8690
kr 20 kr 19.74
kr 50 kr 49.35
kr 100 kr 98.69
kr 250 kr 246.73
kr 500 kr 493.45
kr 1,000 kr 986.90
kr 2,000 kr 1,974
kr 5,000 kr 4,935
kr 10,000 kr 9,869
kr 20,000 kr 19,738
kr 50,000 kr 49,345
kr 100,000 kr 98,690
NOK SEK
kr 1.0133 kr 1
kr 5.0665 kr 5
kr 10.13 kr 10
kr 20.27 kr 20
kr 50.67 kr 50
kr 101.33 kr 100
kr 253.33 kr 250
kr 506.65 kr 500
kr 1,013 kr 1,000
kr 2,027 kr 2,000
kr 5,067 kr 5,000
kr 10,133 kr 10,000
kr 20,266 kr 20,000
kr 50,665 kr 50,000
kr 101,330 kr 100,000

More amounts

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

 
 

Forecasts for NOK to SEK

 

Based on recent market updates and analyst forecasts, it is anticipated that the Norwegian Krone (NOK) to Swedish Krona (SEK) exchange rate is likely to remain relatively stable in the near term. The NOK's value is heavily influenced by global oil prices due to Norway's significant oil exports, and with the recent increase in oil prices, the NOK may see some support. Additionally, the Norges Bank's decision to raise interest rates in response to inflationary pressures could further strengthen the NOK against the SEK.

Read our full review of recent NOK to SEK forecasts.

 

How to get a good NOK to SEK exchange rate

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

  1. Shop around for the best NOK/SEK 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/SEK 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 SEK 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 Swedish krona with Norwegian krone, then it's better for the NOK/SEK 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 Swedish krona?

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

 
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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 Sweden - a practical currency and money guide to travel, living and doing business in Sweden with the Swedish krona.

 
 
 

Currency Country Guides

NorwayNorway (NOK)SwedenSweden (SEK)
   
 
 

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

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