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’.
NOK to GBP Market Data
Norwegian krone (NOK) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias / Key drivers / Range / What could change it.
Bias: bullish-to-range-bound, GBP/NOK sits above its 90-day average and in the upper half of the three-month range.
Key drivers:
- Rate gap: BoE remains cautious on cuts and aims to ease gradually this year, while Norges Bank keeps policy tight for longer.
- Oil/risk: Oil prices sit near multi-day highs with volatility, supporting the NOK because Norway exports oil.
- Macro factor: Inflation trends in the UK are easing toward the BoE target, allowing a steady pace of policy adjustments that may keep the pound resilient against the krone.
Range: GBP/NOK is likely to drift within the three-month range, testing toward the upper end but not breaking out.
What could change it:
- Upside risk: UK data surprises to the upside, delaying UK rate cuts and keeping the rate gap supportive for GBP.
- Downside risk: Oil price retreat and earlier or larger Norges Bank rate cuts could lift the NOK and temper gains for GBP
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NOK to GBP 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 Norwegian krone are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different NOK amounts at today’s rate * :
What is the
best Send Money conversion rate for NOK to GBP?
The best NOK to GBP exchange rate is 0.0737 from OFX . This is -0.45% compared to the mid-market rate 0.074031.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Norwegian krone (NOK) to British pound (GBP) rates from different sources before making a conversion.
The above
Krone to Sterling 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 NOK-GBP mid-rate and the possible savings of using various providers.
How do NOK-GBP rates compare between providers?
Looking at the full
NOK to GBP - Send Money comparison table the provider with the best NOK to GBP exchange rate is OFX at 0.0737, -0.45% from the latest mid-market rate 0.074031.
The next best is XE at 0.0736, -0.58% 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.