USD to NOK mid-rate = 8.6086
Right now the USD/NOK market mid-rate is 8.6086 and represents ideally how many Norwegian Krone you can get for one United States Dollar.
This USD/NOK Converter calculates equivalent United States Dollar to Norwegian Krone amounts at the market mid-rate:
USD / NOK mid-rate converter
United States Dollar
|1 USD||8.6086 NOK|
|5 USD||43.04 NOK|
|10 USD||86.09 NOK|
|20 USD||172.17 NOK|
|50 USD||430.43 NOK|
|100 USD||860.86 NOK|
|250 USD||2,152.15 NOK|
|500 USD||4,304.30 NOK|
|1,000 USD||8,608.60 NOK|
|2,000 USD||17,217.20 NOK|
|5,000 USD||43,043.00 NOK|
|10,000 USD||86,086.00 NOK|
|50,000 USD||430,430.00 NOK|
|100,000 USD||860,860.00 NOK|
United States Dollar
|0.1162 USD||1 NOK|
|0.5810 USD||5 NOK|
|1.1620 USD||10 NOK|
|2.3240 USD||20 NOK|
|5.8100 USD||50 NOK|
|11.62 USD||100 NOK|
|29.05 USD||250 NOK|
|58.10 USD||500 NOK|
|116.20 USD||1,000 NOK|
|232.40 USD||2,000 NOK|
|581.00 USD||5,000 NOK|
|1,162.00 USD||10,000 NOK|
|5,810.00 USD||50,000 NOK|
|11,620.00 USD||100,000 NOK|
|NOK Country Guides|
|Norway||Bouvet Island||Svalbard And Jan Mayen|
United States Dollar to Norwegian Krone (USD-NOK) - 10 Year History
The below table shows the historic variation in the USD/NOK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.
|22 Feb 2019||8.6115||Latest|
|15 Feb 2019||8.6365||1 Week||-0.29%|
|23 Jan 2019||8.5639||1 Month||+0.56%|
|26 Aug 2018||8.3232||6 Months||+3.46%|
|22 Feb 2018||7.8548||1 Year||+9.63%|
|22 Feb 2017||8.3710||2 Years||+2.87%|
|23 Feb 2014||6.0730||5 Years||+41.8%|
|24 Feb 2009||6.8413||10 Years||+25.88%|
Why can't I just get the USD/NOK market rate I see on Google or in the Media?
The USD/NOK mid-rate is the rate you will see Quoted on Google 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 USD / 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.
The closer your final exchange rate is to the market USD/NOK midrate the better deal you are getting.
The three things you need in order to get a good USD to NOK exchange rate
- Know the latest USD/NOK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
- Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for United States Dollar and Norwegian Krone
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the USD vs NOK, you should pay attention to both United States Dollar and Norwegian Krone news and forecasts.
United States Dollar (USD) - Market news and forecasts
26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.
In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.
“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.
Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”
January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.
Norwegian Krone (NOK) - Market news and forecasts
16-February-2019: January was a good month for the Norwegian krone with gains of 3 percent against both the dollar and euro. The krone was driven higher by a turn in the oil price, which had collapsed in the fourth quarter of last year. In December, oil losses took the krone to a 10-year low against the euro (Kr10.057) and to a 3-year low versus the dollar (Kr8.823). By the end of January, the dollar was buying only Kr8.426 and the euro only Kr9.646.
In the first half of February, the krone has struggled: on balance, it has given back roughly half of its January gains. Traders appeared to anticipate February’s slower inflation data (for the month of January) and favoured other currencies. Traders also sought more liquid, safer currencies as recession risks increased for some of Norway’s major trading partners.
Norway's central bank said in December that it would “most likely” raise interest rates in March. A tighter Norwegian monetary policy throughout 2019 would support the krone, especially if the ECB fails to raise rates.
In February, Lloyds predicted EUR/NOK at 9.4 at year-end.