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Best NOK to USD Exchange Rates Compared Live

The best NOK to USD exchange rate is 0.092296. Compare foreign transfer and currency exchange rates, find better rates & deals.

NOK-USD Best Exchange Rate Calculator
 

Comparing NOK-USD exchange rates

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

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

 
 

NOK to USD Market Data

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

 
1 NOK =
0.092296We compare provider deals to this wholesale mid-market rate. Read more
USD
-0.3%
📉3M
NOK to USD is at 90-day lows near 0.092700, 2.7% below its 3-month average of 0.095311, having traded in a relatively stable 6.8% range from 0.092700 to 0.099011
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DateNOK/USDPeriod
10 Mar 2024
0.0959
2 Week
25 Dec 2023
0.0982
3 Month
25 Mar 2023
0.0955
1 Year
26 Mar 2019
0.1171
5 Year
27 Mar 2014
0.1664
10 Year
29 Mar 2004
0.1437
20 Year
NOK/USD historic rates
 

What are equivalent amounts of NOK and USD?

Here are some popular conversion amounts for NOK to USD (Norwegian krone to US dollar)*.

NOK USD
kr 1 $ 0.0923
kr 5 $ 0.4615
kr 10 $ 0.9230
kr 20 $ 1.8459
kr 50 $ 4.6148
kr 100 $ 9.2296
kr 250 $ 23.07
kr 500 $ 46.15
kr 1,000 $ 92.30
kr 2,000 $ 184.59
kr 5,000 $ 461.48
kr 10,000 $ 922.96
kr 20,000 $ 1,846
kr 50,000 $ 4,615
kr 100,000 $ 9,230
NOK USD
kr 10.83 $ 1
kr 54.15 $ 5
kr 108.30 $ 10
kr 216.60 $ 20
kr 541.50 $ 50
kr 1,083 $ 100
kr 2,708 $ 250
kr 5,415 $ 500
kr 10,830 $ 1,000
kr 21,660 $ 2,000
kr 54,150 $ 5,000
kr 108,300 $ 10,000
kr 216,600 $ 20,000
kr 541,500 $ 50,000
kr 1,083,000 $ 100,000

More amounts

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

 
 

Forecasts for NOK to USD

 

Based on recent updates and analyst forecasts, the NOK to USD exchange rate has been trading near 30-day lows around 0.0937, reflecting a 2.0% decline from its 3-month average of 0.0957. The NOK has been impacted by Norway's central bank's aggressive interest rate increases, with the key deposit rate raised in June to 3.75%, leading to a strengthening of the krone. On the other hand, the USD has been supported by reduced expectations of Fed rate cuts, with markets now anticipating a potential cut in June following strong US economic data, including a robust job report for January.

Read our full review of recent NOK to USD forecasts.

 

How to get a good NOK to USD exchange rate

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

  1. Shop around for the best NOK/USD 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/USD 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 USD 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 US dollar with Norwegian krone, then it's better for the NOK/USD 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 US dollar?

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/USD 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 the United States - a practical currency and money guide to travel, living and doing business in the United States with the US dollar.

 
 
 

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Setting up a business in the US as a foreigner

Setting up a business in the US as a foreigner is generally the same process as setting up a business as a US citizen. However, there may be additional legal requirements and regulations that apply to foreign nationals. It is advisable to consult with a lawyer who specializes in immigration and business law to ensure compliance with all relevant laws and regulations. Additionally, obtaining a valid work visa may be necessary in order to work in the US as a foreigner. It's important to research the specific requirements for the type of business you plan to start and the state where you plan to set it up.

Read more at our United States (USD) 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

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