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    Best USD to NOK Exchange Rates Compared Live

    The live mid-rate USD to NOK exchange rate is 11.06. Compare currency conversion rates - Reduce FX costs.

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

    The best USD to NOK exchange rate is our partner deal rate of 11 from OFX . This is -0.54% compared to the mid-market rate 11.06.

    The standard OFX USD-NOK rate is 10.8025, -2.3% from the mid-rate. Visit OFX here to secure the better rate.

    As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Norwegian krone (NOK) rates from different sources before making a conversion.

    How do USD-NOK rates compare between providers?

    Looking at our comparison table the best USD to NOK exchange rate is 11 from OFX, -0.54% from the mid-market rate 11.06. The next best rate is 10.99 from XE, -0.63% from the mid-rate. Wise with 10.99 is -0.63% from the mid-rate.

    The Western Union rate is 10.95 which is -0.99% from the mid-rate.

    Among the banks, the Citibank rate is 10.64 at -3.8%, the Chase Bank rate is 10.19 at -7.9%, and the Wells Fargo Bank rate is 10.13 at -8.4% 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.

     

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    The Dollar to Krone comparison table above 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 USD-NOK mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    USD to NOK Market Data

    US dollar (USD) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 USD =
    11.06We compare provider deals to this wholesale mid-market rate. Read more
    NOK
    -0.1%
    USD to NOK at 11.06 is 1.9% above its 3-month average of 10.85, having traded in a relatively stable 7.5% range from 10.40 to 11.18
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    Sell USD   →   Buy NOK
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    DateUSD/NOKChangePeriod
    20 Nov 2024
    11.06
    0.3% 2 Week
    05 Sep 2024
    10.63
    4.3% 3 Month
    05 Dec 2023
    10.93
    1.5% 1 Year
    06 Dec 2019
    9.1280
    21.5% 5 Year
    07 Dec 2014
    7.1133
    55.9% 10 Year
    09 Dec 2004
    6.2048
    78.7% 20 Year
    USD/NOK historic rates & change to 04-Dec-2024
     

    What are equivalent amounts of USD and NOK?

    Here are some popular conversion amounts for USD to NOK (US dollar to Norwegian krone)*.

    USD NOK
    $ 1 kr 11.06
    $ 5 kr 55.30
    $ 10 kr 110.60
    $ 20 kr 221.20
    $ 50 kr 553.00
    $ 100 kr 1,106
    $ 250 kr 2,765
    $ 500 kr 5,530
    $ 1,000 kr 11,060
    $ 2,000 kr 22,120
    $ 5,000 kr 55,300
    $ 10,000 kr 110,600
    $ 20,000 kr 221,200
    $ 50,000 kr 553,000
    $ 100,000 kr 1,106,000
    USD NOK
    $ 0.0904 kr 1
    $ 0.4522 kr 5
    $ 0.9044 kr 10
    $ 1.8089 kr 20
    $ 4.5222 kr 50
    $ 9.0444 kr 100
    $ 22.61 kr 250
    $ 45.22 kr 500
    $ 90.44 kr 1,000
    $ 180.89 kr 2,000
    $ 452.22 kr 5,000
    $ 904.44 kr 10,000
    $ 1,809 kr 20,000
    $ 4,522 kr 50,000
    $ 9,044 kr 100,000

    More amounts

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

     
     

    Forecasts for USD to NOK

     

    Recent forecasts regarding the USD to NOK exchange rate indicate a complex interplay of economic factors influencing both currencies. The US dollar (USD) has faced downward pressure due to disappointing economic data, notably a miss in the latest ADP employment figures and a slowdown in service sector activity as reflected in the ISM services PMI. Despite these challenges, key market analysts highlight that the dollar remains bolstered by expectations surrounding future inflation driven by the policies of President Trump, which could sustain elevated US interest rates. Consequently, there is a broader consensus among currency strategists, including those at JPMorgan and Goldman Sachs, that the USD still has further upside potential.

    Read our full review of recent USD to NOK forecasts.

     
    NOK and flag

    How to get a good USD to NOK exchange rate

    There are several ways to save on exchange rates when converting US dollar to Norwegian krone:

    1. Shop around for the best USD/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.
    2. Timing is important: Keep an eye on the USD/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.
    3. 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.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD 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.
    5. 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 US dollar, then it's better for the USD/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, living and doing business in Norway 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.

    Multi-Vendor Quote

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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Will the US dollar 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 USD/NOK 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

     
     

    Currency Country Guides

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    Svalbard and Jan MayenSvalbard and Jan Mayen (NOK)
     

    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

       
     
     

    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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