The live mid-rate GBP to NOK exchange rate is 14.00. Compare currency conversion rates - Reduce FX costs.
The best GBP to NOK exchange rate is our partner deal rate of 13.93 from OFX . This is -0.5% compared to the mid-market rate 14.00.
The standard OFX GBP-NOK rate is 13.757, -1.7% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Norwegian krone (NOK) rates from different sources before making a conversion.
Looking at our comparison table the best GBP to NOK exchange rate is 13.93 from OFX, -0.5% from the mid-market rate 14.00. The next best rate is 13.92 from XE, -0.57% from the mid-rate. Then Wise with 13.9 is -0.71% from the mid-rate.
The Western Union rate is 13.86 which is -1% from the mid-rate.
Among the banks, the Lloyds Bank rate is 13.22 at -5.6%, the Royal Bank of Scotland rate is 13.31 at -4.9%, and the Barclays Bank rate is 13.51 at -3.5% compared to the mid-rate 14.00.
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.
The Sterling to Krone comparison table above 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 GBP-NOK mid-rate (see Market Data below ) and the possible savings of using various providers.
British pound (GBP) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | GBP/NOK | Change | Period |
---|---|---|---|
01 Apr 2025 | 13.53 | 2.9% ▲ | 2 Week |
15 Jan 2025 | 13.86 | 0.4% ▲ | 3 Month |
15 Apr 2024 | 13.61 | 2.3% ▲ | 1 Year |
16 Apr 2020 | 12.95 | 7.5% ▲ | 5 Year |
18 Apr 2015 | 11.70 | 19% ▲ | 10 Year |
20 Apr 2005 | 12.02 | 15.8% ▲ | 20 Year |
Here are some popular conversion amounts for GBP to NOK (British pound to Norwegian krone)*.
*Converted at the current GBPNOK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The GBP to NOK exchange rate has experienced notable volatility, primarily influenced by both domestic economic pressures in the UK and a stronger sentiment towards the Norwegian krone (NOK). Recent market updates indicate that the British pound has faced headwinds following the announcement of a 10% tariff by the U.S. on UK imports, which has contributed to a slump in value. Coupled with rising government borrowing costs and increasing yields on UK bonds, analysts caution that the pound may struggle to regain strength in the short term, especially as the market anticipates further economic challenges.
Read our full review of recent GBP to NOK forecasts.
There are several ways to save on exchange rates when converting British pound to Norwegian krone:
Generally speaking, if you are buying Norwegian krone with British pound, then it's better for the GBP/NOK exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Norway — a practical currency and money guide to travel in Norway plus living and doing business with the Norwegian krone.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add GBP/NOK to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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There is no definitive answer to this question as the cost of living can vary greatly depending on lifestyle and location. However, according to Expatistan, the cost of living in Norway is generally high, with Oslo being the most expensive city.
Overall, the expat life in Norway is quite good. The country offers a high quality of life, including excellent healthcare and education. There is a strong sense of community, and Norwegians are generally very friendly and welcoming to foreigners. However, it can be expensive to live in Norway, and the winters can be long and dark.
Read more at our Norway (NOK) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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