Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER
     

    OFX USD to NOK Exchange Rates Compared Live

    The best USD to NOK exchange rate is 10.57. Compare OFX foreign transfer and currency exchange rates, find better rates & deals.

    Loading exchange rates...

       
       
       
       

    OFX - Comparing USD-NOK exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Norwegian krone (NOK) rates from different sources before making a conversion.

    The above OFX Dollar to Krone comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest USD-NOK mid-rate (see below) and the possible savings of using another provider.

     

    OFX at a glance

    OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.

    OFX grew from the idea that there had to be a better, fairer way to move money around the world. That was over 20 years ago, and since then over 1 million customers have trusted OFX with transfers in 50+ currencies to over 170 countries.

    OFX don’t just offer great rates, they believe real help from real people counts. That’s why their clients get the best of both worlds – a seamless digital platform, combined with 24/7 phone access to currency experts.

    When it comes to moving money, peace of mind is important. OFX is monitored by over 50 regulators globally and work within a network of carefully selected banking partners. So whether you are sending money to friends and family abroad, or doing business across borders, OFX can get your money where it needs to go. Fast, simple, secure.

    Learn more about OFX

    Using OFX for money transfers offers the benefit of lower fees and competitive exchange rates compared to traditional banks, making international transactions more cost-effective.

    Additionally, OFX provides 24/7 customer support, a range of transfer options including spot and forward contracts, and a user-friendly online platform, enhancing convenience and flexibility for global financial transactions.

    What Savings Can I Expect with OFX?

    OFX offers exchange rates that beat the banks, and are close or equal to the rates offered by the industry’s lowest-cost services.

    When you register via our OFX 0.5% exclusive offer for BER users 🏷 the cost of sending, for example, 5,000 US dollars to Australia equates to 0.5 percent of the transferred amount, or roughly US$25. You’d pay the same 0.5 percent for the same amount to be sent to Europe and around 1 percent if sending to India. This compares with 4–7 percent with the banks.

    For other currency routes we looked at (routes involving AUD, INR, GBP, EUR, SGD and USD), the average cost of an international payment with OFX was 0.6 percent of the transferred amount. This is exceptional if compared with banks but can be a little more expensive than what is charged by the industry’s lowest-cost services, although such services do not offer the same benefits and customer service as OFX.

    OFX has partnered with BestExchangeRates to offer you or your business better deals, read our full list of active OFX & BestExchangeRates Deals & Promotions 🏷

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

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

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

     
     

    USD to NOK Market Data

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

     
    1 USD =
    10.57We compare provider deals to this wholesale mid-market rate. Read more
    NOK
    -0.2%
    2W
    USD to NOK is at 14-day lows near 10.55, 2.0% below its 3-month average of 10.77, having traded in a relatively stable 6.4% range from 10.45 to 11.12
    |
    Sell USD   →   Buy NOK
    My Rates

    Manage My Rates   


    DateUSD/NOKChangePeriod
    06 Jun 2024
    10.56
    0.1% 2 Week
    22 Mar 2024
    10.76
    2% 3 Month
    21 Jun 2023
    10.65
    0.9% 1 Year
    22 Jun 2019
    8.4976
    24.2% 5 Year
    23 Jun 2014
    6.1119
    72.6% 10 Year
    25 Jun 2004
    6.8273
    54.5% 20 Year
    USD/NOK historic rates & change to 20-Jun-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 10.57
    $ 5 kr 52.85
    $ 10 kr 105.70
    $ 20 kr 211.40
    $ 50 kr 528.50
    $ 100 kr 1,057
    $ 250 kr 2,643
    $ 500 kr 5,285
    $ 1,000 kr 10,570
    $ 2,000 kr 21,140
    $ 5,000 kr 52,850
    $ 10,000 kr 105,700
    $ 20,000 kr 211,400
    $ 50,000 kr 528,500
    $ 100,000 kr 1,057,000
    USD NOK
    $ 0.0946 kr 1
    $ 0.4729 kr 5
    $ 0.9458 kr 10
    $ 1.8916 kr 20
    $ 4.7290 kr 50
    $ 9.4580 kr 100
    $ 23.65 kr 250
    $ 47.29 kr 500
    $ 94.58 kr 1,000
    $ 189.16 kr 2,000
    $ 472.90 kr 5,000
    $ 945.80 kr 10,000
    $ 1,892 kr 20,000
    $ 4,729 kr 50,000
    $ 9,458 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

     

    FX analysts anticipate that the USD to NOK exchange rate could experience some fluctuations in the near term based on recent developments in both the US dollar and Norwegian krone. The US dollar has shown resilience despite signs of a softer labor market and slowing economic indicators. However, the market is closely monitoring upcoming data releases, such as June's payroll and inflation reports, which could impact the Federal Reserve's interest rate decision and consequently influence the USD's strength.

    Read our full review of recent USD to NOK forecasts.

     

    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.

    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.

    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.

     
    Track Rate
     

    Manage My Rates   

     

    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


     

    Read our Currency guide to Norway - a practical currency and money guide to travel, living and doing business in Norway with the Norwegian krone.

     
     
     

    Currency Country Guides

    United StatesUnited States (USD)NorwayNorway (NOK)Bouvet IslandBouvet Island (NOK)
    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

    ^ Scroll back up to ^

    ^