The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
USD to NOK Market Data
US dollar (USD) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias
USD/NOK range-bound near 90d avg, in the lower half of the 3m range. Fed cuts later this year vs Norges Bank hold widen NOK yield gap; oil near multiweek highs supports NOK. Payrolls could lift USD; oil drop or earlier Norges Bank cuts push USD/NOK lower.
Key drivers
- Rate gap: The US Fed is expected to cut rates later this year while Norges Bank has kept policy unchanged, widening the yield gap in favor of the krone.
- Oil: Oil sits near multiweek highs with volatility; that supports NOK through Norway's oil exports.
- Macro: Payrolls and unemployment data will shape Fed easing expectations; a stronger reading could lift the USD and weigh on NOK.
Range
The pair is likely to drift within the three-month range, with the path likely to stay nearer the lower end than the upper.
What could change it
- Upside risk: Strong US payrolls or hawish Fed signals could strengthen the USD and push USD/NOK higher.
- Downside risk: A sharp fall in oil prices or clearer signs of earlier Norges Bank rate cuts could push USD/NOK lower
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USD to NOK Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Norwegian krone across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to NOK?
The best USD to NOK exchange rate is 10.04 from OFX . This is -0.5% compared to the mid-market rate 10.09.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Norwegian krone (NOK) rates from different sources before making a conversion.
The above
Dollar to Krone comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-NOK mid-rate and the possible savings of using various providers.
How do USD-NOK rates compare between providers?
Looking at the full
USD to NOK - Send Money comparison table the provider with the best USD to NOK exchange rate is OFX at 10.04, -0.5% from the latest mid-market rate 10.09.
The next best is XE at 10.03, -0.59% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.