The comparison table above helps you see the total cost of your 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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Norway can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Norway bank accounts or pay a Norwegian krone invoice.
EUR to NOK Market Data
Euro (EUR) to Norwegian krone (NOK) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to NOK Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Norwegian krone is to review how the EUR/NOK rate has changed over time.
The table below shows the percentage change in the EUR to NOK exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The euro (EUR) has recently experienced a downward trend against the Norwegian krone (NOK), driven by cautious monetary policy from the European Central...
Current market bias: Bearish
Key drivers:
- The European Central Bank holds rates steady, while Norges Bank grapples with inflation amidst softening oil prices.
- Declining oil prices are impacting the NOK's strength, complicating Norway's monetary policy.
- Rising consumer confidence in Germany may lend limited support to the euro.
Near-term range: The EUR/NOK trading range is expected to remain stable, with minor fluctuations around current levels.
What could change it: An unexpected increase in oil prices could boost the NOK, while further drops in oil prices or inflationary pressures in the Eurozone might devalue the euro, increasing volatility.
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EUR/NOK shows bearish momentum as the ECB keeps rates steady & Norges Bank faces inflation amid falling oil prices. Stable trading expected unless oil rebounds or Eurozone inflation rises unexpectedly. Stay alert for potential fluctuations
@bestfxrates
EUR 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 Euro are worth in Norwegian krone across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to NOK?
The best EUR to NOK exchange rate is 11.77 from OFX . This is -0.34% compared to the mid-market rate 11.81.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Norwegian krone (NOK) rates from different sources before making a conversion.
The above
Euro to Krone comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-NOK mid-rate and the possible savings of using various providers.
How do EUR-NOK rates compare between providers?
Looking at the full
EUR to NOK - Send Money comparison table the provider with the best EUR to NOK exchange rate is OFX at 11.77, -0.34% from the latest mid-market rate 11.81.
The next best is XE at 11.73, -0.68% from the mid-rate.
Then Wise at 11.73, which is -0.68% 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
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: