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Understanding the Table:
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’.
Sending money to Norway can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Norway bank accounts or pay a Norwegian krone invoice.
Euro (EUR) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/NOK Outlook: Likely to decrease, as EUR is trading below its recent average and near recent lows with pressure from current economic factors.
EUR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
USD/NOK Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by weak demand for the US dollar.
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Norwegian krone across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-NOK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best EUR to NOK exchange rate is 11.24 from OFX . This is -0.27% compared to the mid-market rate 11.27.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Norwegian krone (NOK) rates from different sources before making a conversion.
The above Euro 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 EUR-NOK mid-rate and the possible savings of using various providers.
Looking at the full EUR to NOK - Send Money comparison table the provider with the best EUR to NOK exchange rate is OFX at 11.24, -0.27% from the latest mid-market rate 11.27.
The next best is XE at 11.21, -0.53% from the mid-rate.
Then Wise at 11.21, which is -0.53% from the mid-rate.
The Western Union rate is 11.1 which is -1.5% 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.
View a full list of exchange rates by selecting your Base (from) currency:
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