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EUR to NOK 2026 Forecasts

Analysis of recent euro → krone forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Norwegian krone performance and trends.

 

EUR/NOK Outlook:

EUR/NOK is currently bearish, as it is trading below its 90-day average and near recent lows. Weak Eurozone industrial data and volatile oil prices are contributing to this downward pressure.

Key drivers:

• Rate gap: The European Central Bank is maintaining an accommodative stance, while Norges Bank is cautious about rate cuts, supporting a steadier NOK.

• Risk/commodities: Oil prices are currently high, which typically helps strengthen the NOK given Norway's reliance on oil exports.

• One macro factor: Recent poor industrial production figures in the Eurozone indicate economic weakness, which is likely to weigh on the euro's performance.

Range:

EUR/NOK is expected to drift within its recent range as it tests lower levels against the backdrop of current economic data.

What could change it:

• Upside risk: A positive turnaround in Eurozone economic data could boost the euro and lead to a stronger EUR/NOK rate.

• Downside risk: Continued volatility in oil prices or worsening economic conditions in the Eurozone could further weaken the euro against the NOK.

EUR-NOK Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to NOK Market Data

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

 
Sell EUR   →   Buy NOK
1 EUR =
11.26We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d−0.4%▼
 
EUR to NOK at 11.27 is 3.5% below its 3-month average of 11.68, having traded in a relatively stable 6.4% range from 11.26 to 11.98
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  1 NOK = 0.088810 EUR

Compare & Save - Euro to Norwegian krone

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

Use our EUR to NOK calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Krone currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Norwegian krone?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Norwegian krone current value is to look the EUR/NOK historic rate and change over a range of periods.

The following table looks at the change in the EUR to NOK exchange rate over periods from the previous week back to the last 10 years.

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 EUR/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

 

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