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NOK/USD - Live Converters & Chart

Norwegian Krone to United States Dollar - 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 USD interbank exchange rate = 0.1151

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

 

NOK / USD converter & margin calculator

krNOK
$USD
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Norwegian Krone

United States Dollar

1 NOK 0.1151 USD
5 NOK 0.5755 USD
10 NOK 1.1510 USD
20 NOK 2.3020 USD
50 NOK 5.7550 USD
100 NOK 11.51 USD
250 NOK 28.78 USD
500 NOK 57.55 USD
1,000 NOK 115.10 USD
2,000 NOK 230.20 USD
5,000 NOK 575.50 USD
10,000 NOK 1,151.00 USD
50,000 NOK 5,755.00 USD
100,000 NOK 11,510.00 USD
See more

Norwegian Krone

United States Dollar

8.6857 NOK 1 USD
43.43 NOK 5 USD
86.86 NOK 10 USD
173.71 NOK 20 USD
434.29 NOK 50 USD
868.57 NOK 100 USD
2,171.43 NOK 250 USD
4,342.85 NOK 500 USD
8,685.70 NOK 1,000 USD
17,371.40 NOK 2,000 USD
43,428.50 NOK 5,000 USD
86,857.00 NOK 10,000 USD
434,285.00 NOK 50,000 USD
868,570.00 NOK 100,000 USD
See more
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NOK/USD - Historical Trends

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

PeriodNOK/USDDate
1 Day0.113718 May 2019
1 Week0.114612 May 2019
1 Month0.117519 Apr 2019
6 Months0.116520 Nov 2018
1 Year0.123219 May 2018
5 Years0.168120 May 2014
10 Years0.155921 May 2009

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

Outlook and forecasts for NOK and USD

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 USD, you should pay attention to the forecasts and trends for both Norwegian Krone and United States Dollar:

 

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.

 

United States Dollar (USD) outlook

The US dollar has benefitted this year despite some quite serious escalations in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. By mid-May, the Dollar Index was nearly 2 percent higher year-to-date; it was only 0.5 percent away from making a 2-year high.

The greenback’s 2019 strength has come in spite of a dovish turn by the Federal Reserve, which said in March it expects no interest rate increase this year. Fortunately for dollar holders, the rest of the world has problems and many other central banks have also turned dovish, removing some of the policy-based incentives for selling USD.

In May, HSBC warned against thinking that the dollar has got too high. The bank highlighted the “desolation and destruction” (an exaggeration) facing other economies and currencies. “You can never get too high,” the bank’s chief analyst said. “What would you want to buy out there if not dollars?”

Read the full article United States Dollar Forecasts.

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

The NOK/USD 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 / USD 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