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Best SEK to NOK Exchange Rates Compared Live

The best SEK to NOK exchange rate is 1.0145. Compare foreign transfer and currency exchange rates, find better rates & deals.

SEK-NOK Best Exchange Rate Calculator
 

Comparing SEK-NOK exchange rates

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

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

 
 

SEK to NOK Market Data

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

 
1 SEK =
1.0145We compare provider deals to this wholesale mid-market rate. Read more
NOK
-0.0%
📉2W
SEK to NOK at 1.0154 is just above its 3-month average, having traded in a very stable 3.1% range from 0.9966 to 1.0275
|
Sell SEK   â†’   Buy NOK
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DateSEK/NOKPeriod
10 Mar 2024
1.0207
2 Week
25 Dec 2023
1.0192
3 Month
25 Mar 2023
0.9823
1 Year
26 Mar 2019
0.9246
5 Year
27 Mar 2014
0.9290
10 Year
29 Mar 2004
0.9113
20 Year
SEK/NOK historic rates
 

What are equivalent amounts of SEK and NOK?

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

SEK NOK
kr 1 kr 1.0145
kr 5 kr 5.0725
kr 10 kr 10.15
kr 20 kr 20.29
kr 50 kr 50.73
kr 100 kr 101.45
kr 250 kr 253.63
kr 500 kr 507.25
kr 1,000 kr 1,015
kr 2,000 kr 2,029
kr 5,000 kr 5,073
kr 10,000 kr 10,145
kr 20,000 kr 20,290
kr 50,000 kr 50,725
kr 100,000 kr 101,450
SEK NOK
kr 0.9857 kr 1
kr 4.9285 kr 5
kr 9.8570 kr 10
kr 19.71 kr 20
kr 49.29 kr 50
kr 98.57 kr 100
kr 246.43 kr 250
kr 492.85 kr 500
kr 985.70 kr 1,000
kr 1,971 kr 2,000
kr 4,929 kr 5,000
kr 9,857 kr 10,000
kr 19,714 kr 20,000
kr 49,285 kr 50,000
kr 98,570 kr 100,000

More amounts

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

 
 

Forecasts for SEK to NOK

 

Based on recent analyst forecasts and market updates, the SEK to NOK exchange rate is expected to be influenced by a combination of domestic monetary policy decisions and global economic factors. The Swedish central bank, Riksbank, has hinted at the possibility of raising interest rates this year, signaling a potential shift in policy stance due to inflationary pressures in Sweden. In contrast, Norges Bank in Norway has already accelerated its interest-rate increases and pledged more aggressive tightening measures in response to stubborn inflation and a weak currency, leading to a significant hike in the key deposit rate to 3.75%.

Read our full review of recent SEK to NOK forecasts.

 

How to get a good SEK to NOK exchange rate

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

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

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 SEK/NOK 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 Norway - a practical currency and money guide to travel, living and doing business in Norway with the Norwegian krone.

 
 
 

Currency Country Guides

NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)Svalbard and Jan MayenSvalbard and Jan Mayen (NOK)
SwedenSweden (SEK)
 

What is the cost of living in Norway?

There is no definitive answer to this question as the cost of living can vary greatly depending on lifestyle and location. However, according to Expatistan, the cost of living in Norway is generally high, with Oslo being the most expensive city.

Read more at our Norway (NOK) 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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