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 USD Market Data
Norwegian krone (NOK) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias
USD/NOK bearish-to-range-bound, below the 90-day avg and in the lower half of the 3-month range. Oil strength supports NOK while NB keeps policy tight; a narrower Fed-NB gap is a headwind for USD. US payrolls data next could swing the dollar.
Key drivers
• Rate gap: Fed easing is expected while Norges Bank keeps policy tight longer, narrowing the rate gap and supporting NOK; a stronger US economy would challenge this, keeping USD under pressure.
• Risk/commodities: Oil has moved to 30-day highs, boosting the krone through Norway’s energy export links.
• Macro factor: Upcoming US payrolls and unemployment data will shape bets on Fed rate cuts; a stronger print could lift the dollar, a soft one could ease it.
Range
Range: Expect drift within the three-month range, with occasional tests of the lower end as oil and data flow interact.
What could change it
• Upside risk: stronger US payrolls or a hawkish Fed stance could push the dollar higher.
• Downside risk: sustained oil price gains and signs Norges Bank may ease sooner could push USD/NOK lower
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NOK to USD 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 US dollar 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 USD?
The best NOK to USD exchange rate is 0.0986 from OFX . This is -0.52% compared to the mid-market rate 0.099120.
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 US dollar (USD) rates from different sources before making a conversion.
The above
Krone to Dollar 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-USD mid-rate and the possible savings of using various providers.
How do NOK-USD rates compare between providers?
Looking at the full
NOK to USD - Send Money comparison table the provider with the best NOK to USD exchange rate is OFX at 0.0986, -0.52% from the latest mid-market rate 0.099120.
The next best is XE at 0.0985, -0.63% 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.