Best SEK to NOK Transfer Exchange Rates - Compare & Save

SEK to NOK Market Data

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

Sell SEK → Buy NOK

1 SEK = NOK

SEK to NOK at 1.0892 is 4.1% above its 3-month average of 1.0462, having traded in a fairly volatile 8.2% range from 1.0153 to 1.0981

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1 NOK = 0.9186 SEK

Date	SEK/NOK	Period
29 Mar 2025	1.0478	2 Week
12 Jan 2025	1.0208	3 Month
12 Apr 2024	1.0023	1 Year
13 Apr 2020	1.0297	5 Year
15 Apr 2015	0.8993	10 Year
17 Apr 2005	0.8970	20 Year

SEK/NOK historic rates

What are equivalent amounts of SEK and NOK?

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

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

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

More amounts

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

SEK & NOK - Markets & outlook

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.

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.

How to get a good SEK to NOK exchange rate

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

Shop around for the best SEK/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.
Timing is important: Keep an eye on the SEK/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.
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 SEK 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.
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 Swedish krona, then it's better for the SEK/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 in Norway plus living and doing business 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.

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Will the Swedish krona 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 SEK/NOK to your personalised Rate Tracker to track and benefit from currency movements.

Manage Tracker

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

Norway (NOK)	Bouvet Island (NOK)	Svalbard and Jan Mayen (NOK)
Sweden (SEK)

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

Related exchange rates

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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Best Send Money to Norway SEK/NOK Rates Compared Live

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

How do SEK-NOK rates compare between providers?