USD to NOK mid-rate = 8.611
Right now the USD/NOK market mid-rate is 8.611 and represents ideally how many Norwegian Krone you can get for one United States Dollar.
You can calculate equivalent United States Dollar to Norwegian Krone currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for USD to NOK transfers or buying NOK travel money.
USD / NOK Converter
United States Dollar
|1 USD||8.6110 NOK|
|5 USD||43.06 NOK|
|10 USD||86.11 NOK|
|20 USD||172.22 NOK|
|50 USD||430.55 NOK|
|100 USD||861.10 NOK|
|250 USD||2,152.75 NOK|
|500 USD||4,305.50 NOK|
|1,000 USD||8,611.00 NOK|
|2,000 USD||17,222.00 NOK|
|5,000 USD||43,055.00 NOK|
|10,000 USD||86,110.00 NOK|
|50,000 USD||430,550.00 NOK|
|100,000 USD||861,100.00 NOK|
United States Dollar
|0.1161 USD||1 NOK|
|0.5805 USD||5 NOK|
|1.1610 USD||10 NOK|
|2.3220 USD||20 NOK|
|5.8050 USD||50 NOK|
|11.61 USD||100 NOK|
|29.03 USD||250 NOK|
|58.05 USD||500 NOK|
|116.10 USD||1,000 NOK|
|232.20 USD||2,000 NOK|
|580.50 USD||5,000 NOK|
|1,161.00 USD||10,000 NOK|
|5,805.00 USD||50,000 NOK|
|11,610.00 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.
|16 Dec 2018||8.6145||Latest|
|09 Dec 2018||8.5011||1 Week||+1.33%|
|16 Nov 2018||8.4395||1 Month||+2.07%|
|19 Jun 2018||8.1839||6 Months||+5.26%|
|16 Dec 2017||8.3805||1 Year||+2.79%|
|16 Dec 2016||8.6658||2 Years||-0.59%|
|17 Dec 2013||6.1197||5 Years||+40.77%|
|18 Dec 2008||6.7680||10 Years||+27.28%|
Best Rates for USD/NOK Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
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
14-December-18: Against a basket of currencies, the US dollar struck an 18-month high in mid-December after negative political and economic developments weighed on rest-of-the-world currencies. At the time of writing, the dollar was showing trade-weighted appreciation of 6 percent for 2018 and was on course to gain in 10 of the year’s 12 months.
The dollar had strengthened to levels near $1.13 against the euro, which suffered due to disappointing eurozone economic data and Brexit-related uncertainties.
Brexit allowed the dollar to gain handsomely against the pound in 2018. On December-11, GBP/USD traded below 1.25 for the first time since early 2017.
The economic slowdown in China has also helped the dollar by creating safe haven flows into the US. The dollar has yet to reach the magic 7-yuan level but remains close to it, at levels near 6.9.
For 2019, JP Morgan and Morgan Stanley are both bearish the greenback. The banks remain skeptical over future Fed interest rate hikes and point to a possible US economic downturn in the second half of the year.
Scotiabank is forecasting EUR/USD at $1.30 by 2019 year-end, indicating a potential 13 percent decline in the dollar’s buying power.
Norwegian Krone (NOK) - Market news and forecasts
At the time of writing (9-Nov-18), the Norwegian krone was struggling somewhat on the back of a total reversal in the oil market. The price of oil, on which Norway’s economy relies, had fallen in 5 straight weeks, by 23 percent in total, and as a consequence the krone lost value against every other G10 currency in the weeks leading up to this report.
Conditions away from volatile energy prices were good for krone appreciation though. Chief among supporting factors is monetary policy. In September, interest rates in Norway were raised for the first time since 2011. The quarter-point hike from 0.5 percent to 0.75 percent is likely to be followed by another in early 2019.
At the time of writing, the krone had lost 2.8 percent year-to-date against the dollar, to a rate of kr8.435, and had gained 3.1 percent against the euro, to kr9.55.