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SGD to NOK - Rate Guide

Singapore Dollar to Norwegian Krone exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 SGD = 6.6415 NOK

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SGD to NOK - Trading Range (90 Day)
ALERTS: 1-DAY ▼ 0.8% 🔔 | 14-DAY LOWS 🔔 |
SGD/NOK at 6.6452 is trading near the 90-day average 6.6616 with a range 6.5217 to 6.7791. ALERTS: Today SGD/NOK is DOWN 0.8% and has also dropped to 14-DAY LOWS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Singapore Dollar to Norwegian Krone

SGD

NOK

S$ 1
kr 6.6415
S$ 5
kr 33.21
S$ 10
kr 66.42
S$ 20
kr 132.83
S$ 50
kr 332.08
S$ 100
kr 664.15
S$ 250
kr 1,660
S$ 500
kr 3,321
S$ 1,000
kr 6,642
S$ 2,000
kr 13,283
S$ 5,000
kr 33,208
S$ 10,000
kr 66,415
S$ 50,000
kr 332,075
S$ 100,000
kr 664,150
More amounts

SGD

NOK

S$ 0.1506
kr 1
S$ 0.7530
kr 5
S$ 1.5060
kr 10
S$ 3.0120
kr 20
S$ 7.5300
kr 50
S$ 15.06
kr 100
S$ 37.65
kr 250
S$ 75.30
kr 500
S$ 150.60
kr 1,000
S$ 301.20
kr 2,000
S$ 753.00
kr 5,000
S$ 1,506
kr 10,000
S$ 7,530
kr 50,000
S$ 15,060
kr 100,000
More amounts

To calculate specific SGD/NOK amounts use our Convert SGD to NOK quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (SGD & NOK)

NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)SingaporeSingapore (SGD)
Svalbard and Jan MayenSvalbard and Jan Mayen (NOK)

SGD and NOK in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs NOK, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Norwegian Krone (NOK)

Sentiment on the krone improved drastically in June after Norway’s central bank raised interest rates and signalled further hikes this year, thereby bucking the trend for lower-rates globally.

Prior to this, against the US dollar, the krone had tested the massive 8.8 per USD level, a break of which would have had the krone at its weakest level in 3 years. The greenback was back buying 8.5 krone at the time of this report.

Late last year, against the euro, the krone struck a 10-year low of 10.057 per EUR; it has since recovered to levels near 9.65.

Danske Bank said following June’s meeting of the Norges Bank that it favoured more krone strength in the third quarter.


How to get Best SGD to NOK Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee 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.

What is a good SGD to NOK exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to NOK exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/NOKDate
1 Day-0.8%6.702018 Feb 2020
7 Day-0.1%6.656312 Feb 2020
30 Day+0.2%6.630820 Jan 2020
3 Month-0.9%6.709121 Nov 2019
1 Year+4.9%6.336219 Feb 2019
5 Year+20%5.541320 Feb 2015
10 Year+57.5%4.220921 Feb 2010

*For period to 19-Feb 21UTC when SGD/NOK was 6.6468

When is the best time to exchange SGD to NOK?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates