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SEK to NOK Forecasts – Swedish krona to Norwegian krone

Latest SEK to NOK forecasts including bank predictions, key market drivers and recent trends for SEK/NOK. See where analysts expect the pair to move and the factors likely to influence it.

 

SEK to NOK Forecast & Outlook

09 May 2026 • 01:06 GMT

SEK/NOK 0.9993

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 0.9990 – 1.0160
  • Dominant driver: ❔ Mixed market factors
  • 3-month trend:

Currently, SEK/NOK is trading near 0.9993, holding close to its recent lows and within the recent range. The pair remains supported by a stable macro backdrop but lacks a clear directional lead. Over the next few sessions, conditions may remain sideways as the pair consolidates within its recent range, making short-term moves less predictable.

💸 Transfer implications

  • Expats: sending money to Norwegian Krone (NOK) may find conditions slightly less favourable than recent levels.
  • Travellers: exchanging currency might see limited price improvements for buying NOK.
  • Businesses: paying NOK invoices using SEK could face stable but uncertain costs.

🧭 Key drivers

  • Rate gap: The gap between Swedish and Norwegian interest rates remains narrow and has little influence on the current pair.
  • Risk/commodities: Risk conditions are neutral; energy prices remain high but have not triggered a strong move.
  • Global factors: Broader global macro stability supports a sideways exchange trend.

⚠️ What could change it

  • Upside risk: A sharper recovery in energy prices or risk appetite could push the pair higher.
  • Downside risk: Widening global risk aversion or economic divergence may lead to further weakening of SEK.

Shopping around for lower margins may help reduce overall transfer costs.

SEK-NOK Rate Calculator

 
 
   
   
   
   
   
 
 

SEK to NOK Market Data

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

 
Sell SEK   →   Buy NOK
1 SEK =
0.9832We compare provider deals to this wholesale mid-market rate. Read more
NOK
1d−0.8%▼
90dLows◒
SEK to NOK is at 90-day lows near 0.9882, 4.0% below its 3-month average of 1.0296, having traded in a fairly volatile 8.1% range from 0.9882 to 1.0681
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  1 NOK = 1.0171 SEK

Compare & Save - Swedish krona to Norwegian krone

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

Use our SEK 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 Krona to Krone currency rates and the possible savings of using various providers.

 
 

Will the Swedish krona 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 Swedish krona vs Norwegian krone current value is to look the SEK/NOK historic rate and change over a range of periods.

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

DateSEK/NOKPeriod
25 Apr 2026
1.0105
2 Week
08 Feb 2026
1.0760
3 Month
09 May 2025
1.0679
1 Year
10 May 2021
0.9916
5 Year
11 May 2016
1.0036
10 Year
14 May 2006
0.8280
20 Year
SEK/NOK historic rates

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 SEK/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