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’.
NOK to GBP Market Data
Norwegian krone (NOK) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the NOK to GBP 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 Norwegian krone against the British pound is to review how the NOK/GBP rate has changed over time.
The table below shows the percentage change in the NOK to GBP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: The GBP to NOK exchange rate has a bullish bias.
Key drivers:
- Interest rate differential favors the GBP, as the Bank of England is expected to proceed cautiously with rate cuts compared to Norges Bank, which is maintaining its rates.
- Positive trends in UK retail sales could enhance demand for the GBP, supporting its strength.
- The NOK is pressured by lower oil prices, which reduces the appeal of the krone, given its strong ties to energy exports.
Near-term range: The GBP to NOK pair is likely to trade within a stable range, influenced by recent prices around 13.57, slightly above its three-month average.
What could change it: Upside risks include stronger-than-expected UK economic data boosting demand for GBP. Conversely, a significant drop in oil prices could negatively impact the NOK, harming its appeal
@bestfxrates
NOK to GBP 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 Norwegian krone are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different NOK amounts at today’s rate * :
What is the
best Send Money conversion rate for NOK to GBP?
The best NOK to GBP exchange rate is 0.0735 from OFX . This is -0.53% compared to the mid-market rate 0.073892.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Norwegian krone (NOK) to British pound (GBP) rates from different sources before making a conversion.
The above
Krone to Sterling 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 NOK-GBP mid-rate and the possible savings of using various providers.
How do NOK-GBP rates compare between providers?
Looking at the full
NOK to GBP - Send Money comparison table the provider with the best NOK to GBP exchange rate is OFX at 0.0735, -0.53% from the latest mid-market rate 0.073892.
The next best is XE at 0.0734, -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
or platforms that offer rates closer to the mid-market rate.