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    Best GBP to NOK Exchange Rates Compared Live

    The live mid-rate GBP to NOK exchange rate is 13.94. Compare currency conversion rates - Reduce FX costs.

    GBP-NOK Best Exchange Rates
     

     

    What is the best Send Money conversion rate for GBP to NOK?

    The best GBP to NOK exchange rate is our partner deal rate of 13.87 from OFX . This is -0.5% compared to the mid-market rate 13.94.

    The standard OFX GBP-NOK rate is 13.6702, -1.9% 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.

    How do GBP-NOK rates compare between providers?

    Looking at our comparison table the best GBP to NOK exchange rate is 13.87 from OFX, -0.5% from the mid-market rate 13.94. The next best rate is 13.86 from XE, -0.57% from the mid-rate. Wise with 13.84 is -0.72% from the mid-rate.

    The Western Union rate is 13.8 which is -1% from the mid-rate.

    Among the banks, the Lloyds Bank rate is 13.14 at -5.7%, the Royal Bank of Scotland rate is 13.22 at -5.2%, and the Barclays Bank rate is 13.45 at -3.5% 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.

     

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    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. 

     
     
     

    GBP to NOK Market Data

    British pound (GBP) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell GBP   →   Buy NOK
    1 GBP =
    13.94We compare provider deals to this wholesale mid-market rate. Read more
    NOK
    +0.1% since yesterday
    GBP to NOK at 13.93 is 1.3% below its 3-month average of 14.12, having traded in a very stable 3.3% range from 13.86 to 14.32
    |
    Tracker

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    DateGBP/NOKChangePeriod
    07 Jan 2025
    14.12
    1.3% 2 Week
    23 Oct 2024
    14.19
    1.8% 3 Month
    22 Jan 2024
    13.37
    4.3% 1 Year
    23 Jan 2020
    11.80
    18.1% 5 Year
    24 Jan 2015
    11.63
    19.9% 10 Year
    26 Jan 2005
    11.89
    17.2% 20 Year
    GBP/NOK historic rates & change to 21-Jan-2025
     

    What are equivalent amounts of GBP and NOK?

    Here are some popular conversion amounts for GBP to NOK (British pound to Norwegian krone)*.

    GBP NOK
    £ 1 kr 13.94
    £ 5 kr 69.70
    £ 10 kr 139.40
    £ 20 kr 278.80
    £ 50 kr 697.00
    £ 100 kr 1,394
    £ 250 kr 3,485
    £ 500 kr 6,970
    £ 1,000 kr 13,940
    £ 2,000 kr 27,880
    £ 5,000 kr 69,700
    £ 10,000 kr 139,400
    £ 20,000 kr 278,800
    £ 50,000 kr 697,000
    £ 100,000 kr 1,394,000
    GBP NOK
    £ 0.0717 kr 1
    £ 0.3587 kr 5
    £ 0.7174 kr 10
    £ 1.4348 kr 20
    £ 3.5870 kr 50
    £ 7.1740 kr 100
    £ 17.94 kr 250
    £ 35.87 kr 500
    £ 71.74 kr 1,000
    £ 143.48 kr 2,000
    £ 358.70 kr 5,000
    £ 717.40 kr 10,000
    £ 1,435 kr 20,000
    £ 3,587 kr 50,000
    £ 7,174 kr 100,000

    More amounts

    *Converted at the current GBPNOK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for GBP to NOK

     

    The GBP to NOK exchange rate has recently faced downward pressure following disappointing UK GDP data, which clocked in at a mere 0.1%, below the anticipated 0.2% growth. This economic underperformance has contributed to a softening of the British pound as market analysts increasingly assess the implications of ongoing economic challenges, including uncertainties related to post-Brexit negotiations. As the pound trades at 13.93, it currently sits 1.3% below its three-month average of 14.12 and has shown relative stability within a 3.3% range over the past quarter. The upcoming retail sales figures are pivotal, with market observers speculating that any improvement could provide a much-needed boost to the GBP.

    Read our full review of recent GBP to NOK forecasts.

     
    NOK and flag

    How to get a good GBP to NOK exchange rate

    There are several ways to save on exchange rates when converting British pound to Norwegian krone:

    1. Shop around for the best GBP/NOK exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the GBP/NOK rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and NOK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    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, living and doing business in Norway 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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    Will the British pound rise against the Norwegian krone?

    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.

     
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    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

     
     

    Currency Country Guides

    United KingdomUnited Kingdom (GBP)NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)
    Svalbard and Jan MayenSvalbard and Jan Mayen (NOK)
     

    What is the cost of living in Norway?

    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.

    How is the expat life in Norway?

    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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