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TRY/NOK - Live Converters & Chart

Turkish Lira 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.

 

TRY to NOK interbank exchange rate = 1.4522

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

 

TRY / NOK converter & margin calculator

₺TRY
krNOK
Mid-rates:
 
 

Foreign Transfers Travel Money

Sending TRY->NOK we recommend:

WorldRemit WorldRemit

Turkish Lira

Norwegian Krone

1 TRY 1.4522 NOK
5 TRY 7.2610 NOK
10 TRY 14.52 NOK
20 TRY 29.04 NOK
50 TRY 72.61 NOK
100 TRY 145.22 NOK
250 TRY 363.05 NOK
500 TRY 726.10 NOK
1,000 TRY 1,452.20 NOK
2,000 TRY 2,904.40 NOK
5,000 TRY 7,261.00 NOK
10,000 TRY 14,522.00 NOK
50,000 TRY 72,610.00 NOK
100,000 TRY 145,220.00 NOK
See more

Turkish Lira

Norwegian Krone

0.6886 TRY 1 NOK
3.4430 TRY 5 NOK
6.8860 TRY 10 NOK
13.77 TRY 20 NOK
34.43 TRY 50 NOK
68.86 TRY 100 NOK
172.15 TRY 250 NOK
344.30 TRY 500 NOK
688.60 TRY 1,000 NOK
1,377.20 TRY 2,000 NOK
3,443.00 TRY 5,000 NOK
6,886.00 TRY 10,000 NOK
34,430.00 TRY 50,000 NOK
68,860.00 TRY 100,000 NOK
See more
NOK Country Guides
NorwayNorwayBouvet IslandBouvet IslandSvalbard And Jan MayenSvalbard And Jan Mayen

TRY/NOK - Historical Trends

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

PeriodTRY/NOKDate
1 Day1.455812 May 2019
1 Week1.432906 May 2019
1 Month1.469613 Apr 2019
6 Months1.557314 Nov 2018
1 Year1.852613 May 2018
5 Years2.858914 May 2014
10 Years4.154915 May 2009

You can use our TRY interactive charts to check TRYNOK historic trends.

TRY/NOK - 1 Year Trend

Outlook and forecasts for TRY 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 TRY vs NOK, you should pay attention to the forecasts and trends for both Turkish Lira and Norwegian Krone:

 

Turkish Lira (TRY) outlook

In the second half of April, the lira slipped to its weakest level in 6 months against the dollar, at ₺5.83. It was 11.5 percent lower than its strongest level from January, but was 21.5 percent higher than its 2018 low (2018 was a crisis year for the lira).

In April, Turkey described a reform package aimed at lifting the economy out of recession. The package included billions injected into banks, reduced tax exemptions, lower corporate tax rates and a crackdown on the shadow economy; however, ratings agencies did not see many positives in the plans due to inadequate details.

TradingEconomics.com sees the lira quoted 5 percent weaker against the dollar in April 2020, at ₺6.14.

 

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 TRY/NOK market rate I see online or in the media?

The TRY/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 TRY / 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.

 

View all TRY Exchange Rates