Best NOK5 to SEK Exchange Rates - Compare & Save

NOK to SEK Market Data

Norwegian krone (NOK) to Swedish krona (SEK) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell NOK → Buy SEK

1 NOK = SEK

NOK to SEK at 0.9181 is 4.0% below its 3-month average of 0.9562, having traded in a fairly volatile 8.2% range from 0.9106 to 0.9849

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1 SEK = 1.0886 NOK

Date	NOK/SEK	Period
29 Mar 2025	0.9544	2 Week
12 Jan 2025	0.9796	3 Month
12 Apr 2024	0.9978	1 Year
13 Apr 2020	0.9712	5 Year
15 Apr 2015	1.1120	10 Year
17 Apr 2005	1.1149	20 Year

NOK/SEK historic rates

What are equivalent amounts of NOK and SEK?

Here are some popular conversion amounts for NOK to SEK (Norwegian krone to Swedish krona)*.

NOK	SEK
kr 1	kr 0.9186
kr 5	kr 4.5930
kr 10	kr 9.1860
kr 20	kr 18.37
kr 50	kr 45.93
kr 100	kr 91.86
kr 250	kr 229.65
kr 500	kr 459.30
kr 1,000	kr 918.60
kr 2,000	kr 1,837
kr 5,000	kr 4,593
kr 10,000	kr 9,186
kr 20,000	kr 18,372
kr 50,000	kr 45,930
kr 100,000	kr 91,860

NOK	SEK
kr 1.0886	kr 1
kr 5.4430	kr 5
kr 10.89	kr 10
kr 21.77	kr 20
kr 54.43	kr 50
kr 108.86	kr 100
kr 272.15	kr 250
kr 544.30	kr 500
kr 1,089	kr 1,000
kr 2,177	kr 2,000
kr 5,443	kr 5,000
kr 10,886	kr 10,000
kr 21,772	kr 20,000
kr 54,430	kr 50,000
kr 108,860	kr 100,000

More amounts

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

NOK & SEK - Markets & outlook

Norwegian krone - NOK:

NOK has rocketed higher in the past few weeks, currently up 9% year-to-date versus the dollar. That is largely due to a boost in European economic and equity sentiment, but the inflation surprise in Norway played a key role. Markets are pricing in only 8bp of easing for 27 March and only one cut in the next 12 months.

ABN-Amro's fair value model shows EUR/NOK is undervalued relative to short-term drivers, embedding an excess of optimism relative to European spending optimism and rotation from US equities back to Europe.

So, while EUR/NOK could remain pressured this week after a Norges Bank hold, ABN-Amro are less optimistic about further gains and actually see room for a EUR/NOK rebound to 11.50 in the second quarter, when US tariffs may materially temper European sentiment.

Swedish krona - SEK:

Sweden’s central bank has left the door wide open to a May rate cut should inflation data continue to look better. We now think the Riksbank will move a month earlier than the ECB, where we expect the first cut in June. However, markets are already betting on a May move, and domestic monetary policy should remain secondary to external drivers for SEK.

In what would be a major policy shift for one of the world's most cautious monetary authorities, the governor of Sweden's central bank left the door open for the Riksbank to raise interest rates as soon as this year.

Finishing their economic recovery, the Nordic nation has now found themselves experiencing inflation.

How to get a good NOK to SEK exchange rate

There are several ways to save on exchange rates when converting Norwegian krone to Swedish krona:

Shop around for the best NOK/SEK 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.
Timing is important: Keep an eye on the NOK/SEK 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.
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.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both NOK and SEK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
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 Swedish krona with Norwegian krone, then it's better for the NOK/SEK 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 Sweden — a practical currency and money guide to travel in Sweden plus living and doing business with the Swedish krona.

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.

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Will the Norwegian krone rise against the Swedish krona?

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 NOK/SEK 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

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