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Understanding the Table:
The comparison table above helps you see the total cost of your OFX 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’.
Norwegian krone (NOK) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
NOK/USD Outlook: The outlook for NOK/USD is bullish, as the rate is currently above its recent average and near recent highs, supported by a rising oil price.
USD/CAD Outlook: Slightly weaker, but likely to move sideways, as current trading is below its recent average and within the mid-range of the last three months.
EUR/CAD Outlook: Slightly positive, but likely to move sideways, given its position near the recent average within a stable range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Norwegian krone are worth in Canadian 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 * :
| NOK | CAD |
|---|---|
| kr 1,000 | C$ 141.40 |
| kr 5,000 | C$ 707.00 |
| kr 20,000 | C$ 2,828 |
| kr 100,000 | C$ 14,140 |
| NOK | CAD |
|---|---|
| kr 7,072 | C$ 1,000 |
| kr 35,358 | C$ 5,000 |
| kr 141,430 | C$ 20,000 |
| kr 707,150 | C$ 100,000 |
More amounts
*Converted at the current NOK-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OFX NOK to CAD exchange rate is 0.1407. This is -0.5% compared to the latest NOK-CAD mid-market rate 0.1414.
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 Canadian dollar (CAD) rates from different sources before making a conversion.
The above OFX - Krone to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest NOK-CAD mid-rate and the possible savings of using various providers.
Looking at the full NOK to CAD - Send Money comparison table the provider with the best NOK to CAD exchange rate is OFX at 0.1407, -0.5% from the latest mid-market rate 0.1414.
The next best is XE at 0.1406, -0.57% from the mid-rate.
Then Wise at 0.1404, which is -0.71% 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 like OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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