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USD to NOK - Compare Exchange Rates

United States Dollar 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.

 

USD to NOK interbank exchange rate = 8.5466

Right now the USD/NOK interbank exchange rate is 8.5466. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Norwegian Krone to United States Dollar.

This USD/NOK Converter calculates equivalent United States Dollar to Norwegian Krone amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / NOK converter & margin calculator


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USD/NOK exchange rates for:

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United States Dollar

Norwegian Krone

1 USD 8.5466 NOK
5 USD 42.73 NOK
10 USD 85.47 NOK
20 USD 170.93 NOK
50 USD 427.33 NOK
100 USD 854.66 NOK
250 USD 2,136.65 NOK
500 USD 4,273.30 NOK
1,000 USD 8,546.60 NOK
2,000 USD 17,093.20 NOK
5,000 USD 42,733.00 NOK
10,000 USD 85,466.00 NOK
50,000 USD 427,330.00 NOK
100,000 USD 854,660.00 NOK
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United States Dollar

Norwegian Krone

0.1170 USD 1 NOK
0.5850 USD 5 NOK
1.1700 USD 10 NOK
2.3400 USD 20 NOK
5.8500 USD 50 NOK
11.70 USD 100 NOK
29.25 USD 250 NOK
58.50 USD 500 NOK
117.00 USD 1,000 NOK
234.00 USD 2,000 NOK
585.00 USD 5,000 NOK
1,170.00 USD 10,000 NOK
5,850.00 USD 50,000 NOK
11,700.00 USD 100,000 NOK
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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.

DateExchange RatePeriodChange
23 Apr 20198.5506Latest
16 Apr 20198.49211 Week+0.69%
24 Mar 20198.56181 Month-0.13%
25 Oct 20188.34676 Months+2.44%
23 Apr 20187.89241 Year+8.34%
23 Apr 20178.52792 Years+0.27%
24 Apr 20145.99505 Years+42.63%
25 Apr 20096.565910 Years+30.23%

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to NOK exchange rate

  1. 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.
  2. Compare your Bank's transaction costs to several 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.
  3. 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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Norwegian Krone (NOK) - Market news and forecasts

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.