OFX USD to NOK Exchange Rates - Compare Best Deals & Save

USD-NOK Best Exchange Rates

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

Our deal OFX USD to NOK exchange rate is 11.05. This is -0.54% compared to the latest USD-NOK mid-market rate 11.11. Visit OFX now to receive this rate.

The standard OFX USD-NOK rate is 10.8775, -2.1% from the mid-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 OFX USD-NOK rates compare between providers?

Looking at our comparison table the best USD to NOK exchange rate is 11.05 from OFX, -0.54% from the mid-market rate 11.11. The next best rate is 11.04 from XE, -0.63% from the mid-rate. Wise with 11.04 is -0.63% from the mid-rate.

The Western Union rate is 11 which is -0.99% from the mid-rate.

Among the banks, the Citibank rate is 10.71 at -3.6%, the Chase Bank rate is 10.27 at -7.6%, and the Wells Fargo Bank rate is 10.2 at -8.2% 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.

What are the OFX rates for other currencies?

The table below shows OFX US dollar (USD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :

Currency route	Mid market rate	OFX Send Money Rate	Cost%
USD - AED	3.6730	3.6546	-0.5%*
USD - AUD	1.5608	1.553	-0.5%*
USD - BND	1.3435	1.2723	-5.3%
USD - CAD	1.4145	1.4074	-0.5%*
USD - CHF	0.8866	0.8822	-0.5%*
USD - CNY	7.2666	7.0261	-3.3%
USD - CZK	23.88	23.76	-0.5%*
USD - DKK	7.1042	7.0687	-0.5%*
USD - EUR	0.9526	0.9478	-0.5%*
USD - FJD	2.3165	2.1823	-5.8%
USD - GBP	0.7848	0.7809	-0.5%*
USD - HKD	7.7761	7.7372	-0.5%*
USD - HUF	389.56	387.61	-0.5%*
USD - IDR	15,971	14.82	-
USD - ILS	3.5723	3.5544	-0.5%*
USD - INR	84.89	81.8411	-3.6%
USD - JPY	152.29	151.53	-0.5%*
USD - KRW	1,431.4	0.988	-
USD - KWD	0.3075	0.306	-0.49%*
USD - LKR	290.12	280.3531	-3.4%
USD - MAD	9.9669	9.6236	-3.4%
USD - MGA	4,688.6	3.86	-
USD - MXN	20.13	20.03	-0.5%*
USD - MYR	4.4370	4.4148	-0.5%*
USD - NOK	11.11	11.05	-0.54%*
USD - NZD	1.7241	1.7155	-0.5%*
USD - OMR	0.3850	0.3734	-3%
USD - PEN	3.7095	3.5803	-3.5%
USD - PGK	4.0442	3.7863	-6.4%
USD - PHP	58.31	58.02	-0.5%*
USD - PKR	278.08	269.1372	-3.2%
USD - PLN	4.0751	4.0547	-0.5%*
USD - SAR	3.7569	3.6316	-3.3%
USD - SBD	8.3836	7.5483	-10%
USD - SCR	14.09	13.133	-6.8%
USD - SEK	10.96	10.91	-0.46%*
USD - SGD	1.3445	1.3378	-0.5%*
USD - THB	33.84	33.67	-0.5%*
USD - TOP	2.3945	2.2111	-7.7%
USD - TRY	34.88	34.71	-0.49%*
USD - TWD	32.54	31.1125	-4.4%
USD - VND	25,396	23947.0879	-
USD - VUV	118.72	112.5795	-5.2%
USD - WST	2.8000	2.4934	-11%
USD - XOF	624.83	602.784	-3.5%
USD - XPF	113.67	109.7853	-3.4%
USD - ZAR	17.65	17.56	-0.51%*

OFX Send Money Exchange Rates

* BER discount rate that we have negotiated with OFX. To obtain these special rates, click through to OFX from our above exchange rate comparison tool.

Compare Rates

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

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.

USD to NOK Market Data

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

Sell USD → Buy NOK

1 USD = NOK

▼-0.1% since yesterday

USD to NOK at 11.14 is 2.4% above its 3-month average of 10.88, having traded in a relatively stable 7.5% range from 10.40 to 11.18

11-DEC 7PM-NY 12-DEC 12AM-LON 8AM-HK 11AM-SYD

Tracker

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1 NOK = 0.090045 USD

Date	USD/NOK	Change	Period
28 Nov 2024	11.04	0.9% ▲	2 Week
13 Sep 2024	10.66	4.5% ▲	3 Month
13 Dec 2023	10.78	3.3% ▲	1 Year
14 Dec 2019	9.0318	23.3% ▲	5 Year
15 Dec 2014	7.4437	49.7% ▲	10 Year
17 Dec 2004	6.1860	80.1% ▲	20 Year

USD/NOK historic rates & change to 12-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 11.11
$ 5	kr 55.55
$ 10	kr 111.10
$ 20	kr 222.20
$ 50	kr 555.50
$ 100	kr 1,111
$ 250	kr 2,778
$ 500	kr 5,555
$ 1,000	kr 11,110
$ 2,000	kr 22,220
$ 5,000	kr 55,550
$ 10,000	kr 111,100
$ 20,000	kr 222,200
$ 50,000	kr 555,500
$ 100,000	kr 1,111,000

USD	NOK
$ 0.0900	kr 1
$ 0.4502	kr 5
$ 0.9005	kr 10
$ 1.8009	kr 20
$ 4.5023	kr 50
$ 9.0045	kr 100
$ 22.51	kr 250
$ 45.02	kr 500
$ 90.05	kr 1,000
$ 180.09	kr 2,000
$ 450.23	kr 5,000
$ 900.45	kr 10,000
$ 1,801	kr 20,000
$ 4,502	kr 50,000
$ 9,005	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

12 DecThe USD to NOK exchange rate is currently seeing volatility driven by multiple macroeconomic factors. Following Donald Trump’s re-election, the US dollar experienced a significant rally, largely influenced by expectations of sustained inflation and the prospect of higher interest rates from the Federal Reserve. Analysts indicate that Trump’s pro-business policies and proposed tariffs on imports may further strengthen the dollar, creating a robust environment for the USD compared to other currencies. As the dollar rises, with forecasts suggesting that it could continue gaining ground, currency strategists anticipate that the NOK may face headwinds due to these global economic dynamics.

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:

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.
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.
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 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.
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.

Compare Rates

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.

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

United States (USD)	Norway (NOK)	Bouvet Island (NOK)
Svalbard 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

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