The comparison table above helps you see the total cost of your XE 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’.
GBP to NOK Market Data
British pound (GBP) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias / Key drivers / Range / What could change it.
Bias: bullish-to-range-bound, GBP/NOK sits above its 90-day average and in the upper half of the three-month range.
Key drivers:
- Rate gap: BoE remains cautious on cuts and aims to ease gradually this year, while Norges Bank keeps policy tight for longer.
- Oil/risk: Oil prices sit near multi-day highs with volatility, supporting the NOK because Norway exports oil.
- Macro factor: Inflation trends in the UK are easing toward the BoE target, allowing a steady pace of policy adjustments that may keep the pound resilient against the krone.
Range: GBP/NOK is likely to drift within the three-month range, testing toward the upper end but not breaking out.
What could change it:
- Upside risk: UK data surprises to the upside, delaying UK rate cuts and keeping the rate gap supportive for GBP.
- Downside risk: Oil price retreat and earlier or larger Norges Bank rate cuts could lift the NOK and temper gains for GBP
@bestfxrates
GBP to NOK Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Norwegian krone across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
XE Send Money conversion rate for GBP to NOK?
The XE GBP to NOK exchange rate is 13.43. This is -0.67% compared to the latest GBP-NOK mid-market rate 13.52.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Norwegian krone (NOK) rates from different sources before making a conversion.
The above
XE - Sterling to Krone comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
XE and other foreign exchange providers against the latest GBP-NOK mid-rate and the possible savings of using various providers.
How do XE GBP-NOK rates compare between providers?
Looking at the full
GBP to NOK - Send Money comparison table the provider with the best GBP to NOK exchange rate is Wise at 13.46, -0.44% from the latest mid-market rate 13.52.
The next best is OFX at 13.45, -0.52% from the mid-rate.
Then XE at 13.43, which is -0.67% 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 XE or platforms that offer rates closer to the mid-market rate.