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SEK/NOK - Live Converters & Chart

Swedish Krona to Norwegian Krone - 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.

 

SEK to NOK interbank exchange rate = 0.9121

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

 

SEK / NOK converter & margin calculator

krSEK
krNOK
Mid-rates:
 
 

Foreign Transfers Travel Money

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

Foreign Transfers

Swedish Krona

Norwegian Krone

1 SEK 0.9121 NOK
5 SEK 4.5605 NOK
10 SEK 9.1210 NOK
20 SEK 18.24 NOK
50 SEK 45.61 NOK
100 SEK 91.21 NOK
250 SEK 228.03 NOK
500 SEK 456.05 NOK
1,000 SEK 912.10 NOK
2,000 SEK 1,824.20 NOK
5,000 SEK 4,560.50 NOK
10,000 SEK 9,121.00 NOK
50,000 SEK 45,605.00 NOK
100,000 SEK 91,210.00 NOK
See more

Swedish Krona

Norwegian Krone

1.0964 SEK 1 NOK
5.4820 SEK 5 NOK
10.96 SEK 10 NOK
21.93 SEK 20 NOK
54.82 SEK 50 NOK
109.64 SEK 100 NOK
274.10 SEK 250 NOK
548.20 SEK 500 NOK
1,096.40 SEK 1,000 NOK
2,192.80 SEK 2,000 NOK
5,482.00 SEK 5,000 NOK
10,964.00 SEK 10,000 NOK
54,820.00 SEK 50,000 NOK
109,640.00 SEK 100,000 NOK
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NOK Country Guides
NorwayNorwayBouvet IslandBouvet IslandSvalbard And Jan MayenSvalbard And Jan Mayen

SEK/NOK - Historical Trends

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

PeriodSEK/NOKDate
1 Day0.907212 May 2019
1 Week0.912106 May 2019
1 Month0.915713 Apr 2019
6 Months0.936714 Nov 2018
1 Year0.930413 May 2018
5 Years0.903614 May 2014
10 Years0.828515 May 2009

You can use our SEK interactive charts to check SEKNOK historic trends.

SEK/NOK - 1 Year Trend

Outlook and forecasts for SEK and NOK

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 SEK vs NOK, you should pay attention to the forecasts and trends for both Swedish Krona and Norwegian Krone:

 

Swedish Krona (SEK) outlook

2019 has been something of a shocker for the Swedish krona. The currency is the worst performing major currency by some margin, confounding the forecasts of analysts which suggested it would be among the best now that Sweden’s central bank has commenced with a policy tightening cycle (in December it hiked interest rates for the first time in seven years).

Between January and March-8, the krona lost 7 percent of its value against the dollar and slipped to a record low of kr9.5; it also lost 5 percent against the euro, to kr10.65—a six-month low. The krona weakened along with expectations for future Riksbank hikes, which themselves were dented as evidence of a global economic slowdown piled up.

Fortunately for those holding krona, in the week leading up to this report (March-17), the krona was especially strong, making back roughly 40 percent of the aforementioned losses. The rally was driven by speculation that the Riksbank would intervene in the market to strengthen the currency.

“We reiterate our bearish view on the krona,” ING said in February, and “we don't rule out a [EUR/SEK] convergence towards 11.00”—that’s a rate not seen in a decade.

 

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.

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

The SEK/NOK 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 SEK / NOK 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.

 

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