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 details and click ‘Get Rates’.
NOK to USD Market Data
Norwegian krone (NOK) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
NOK to USD is at 90-day highs near 0.099371, 3.5% above its 3-month average of 0.095982, having traded in a fairly volatile 9.2% range from 0.091038 to 0.099371
Is the NOK to USD 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 US dollar is to review how the NOK/USD rate has changed over time.
The table below shows the percentage change in the NOK to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
USD/NOK down 3.4% below 3mo avg, now at 10.07. Analysts expect further USD weakness after surprise rise in jobless claims hints at Fed rate cuts. NOK strengthened 9% YTD on strong oil prices (near 30-day high) & Norway inflation surprise. #forex #currencyforecast
To help you understand the real-world value of the current exchange rate, the table below shows how much Norwegian krone are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different NOK amounts at today’s rate * :
The standard OFX NOK-USD rate is 0.097645028, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
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 US dollar (USD) rates from different sources before making a conversion.
The above
Krone to Dollar 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-USD mid-rate and the possible savings of using various providers.
How do NOK-USD rates compare between providers?
Looking at the
full comparison table
the best NOK to USD exchange rate is 0.0983 from OFX, -0.54% from the mid-market rate 0.098831. The next best rate is 0.0982 from XE, -0.64% from the mid-rate. Then Wise with 0.0981 is -0.74% 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.