Best SEK250 to NOK Exchange Rates - Compare & Save

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 = NOK

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14d-highs

SEK to NOK is at 14-day highs near 1.0658, near its 3-month average, having traded in a quite stable 5.6% range from 1.0400 to 1.0981

01-JUN 8PM-NY 02-JUN 1AM-LON 8AM-HK 10AM-SYD

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1 NOK = 0.9407 SEK

Date	SEK/NOK	Period
17 May 2025	1.0620	2 Week
02 Mar 2025	1.0457	3 Month
31 May 2024	0.9980	1 Year
01 Jun 2020	1.0278	5 Year
03 Jun 2015	0.9326	10 Year
05 Jun 2005	0.8624	20 Year

SEK/NOK historic rates

What are equivalent amounts of SEK and NOK?

Here are some popular conversion amounts for SEK to NOK (Swedish krona to Norwegian krone)*.

SEK	NOK
kr 1	kr 1.0631
kr 5	kr 5.3155
kr 10	kr 10.63
kr 20	kr 21.26
kr 50	kr 53.16
kr 100	kr 106.31
kr 250	kr 265.78
kr 500	kr 531.55
kr 1,000	kr 1,063
kr 2,000	kr 2,126
kr 5,000	kr 5,316
kr 10,000	kr 10,631
kr 20,000	kr 21,262
kr 50,000	kr 53,155
kr 100,000	kr 106,310

SEK	NOK
kr 0.9407	kr 1
kr 4.7035	kr 5
kr 9.4070	kr 10
kr 18.81	kr 20
kr 47.04	kr 50
kr 94.07	kr 100
kr 235.18	kr 250
kr 470.35	kr 500
kr 940.70	kr 1,000
kr 1,881	kr 2,000
kr 4,704	kr 5,000
kr 9,407	kr 10,000
kr 18,814	kr 20,000
kr 47,035	kr 50,000
kr 94,070	kr 100,000

More amounts

*Converted at the current SEKNOK interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

SEK & NOK - Markets & outlook

Swedish krona - SEK:

Sweden’s central bank has left the door wide open to a May rate cut should inflation data continue to look better. We now think the Riksbank will move a month earlier than the ECB, where we expect the first cut in June. However, markets are already betting on a May move, and domestic monetary policy should remain secondary to external drivers for SEK.

In what would be a major policy shift for one of the world's most cautious monetary authorities, the governor of Sweden's central bank left the door open for the Riksbank to raise interest rates as soon as this year.

Finishing their economic recovery, the Nordic nation has now found themselves experiencing inflation.

Norwegian krone - NOK:

NOK has rocketed higher in the past few weeks, currently up 9% year-to-date versus the dollar. That is largely due to a boost in European economic and equity sentiment, but the inflation surprise in Norway played a key role. Markets are pricing in only 8bp of easing for 27 March and only one cut in the next 12 months.

ABN-Amro's fair value model shows EUR/NOK is undervalued relative to short-term drivers, embedding an excess of optimism relative to European spending optimism and rotation from US equities back to Europe.

So, while EUR/NOK could remain pressured this week after a Norges Bank hold, ABN-Amro are less optimistic about further gains and actually see room for a EUR/NOK rebound to 11.50 in the second quarter, when US tariffs may materially temper European sentiment.

How to get a good SEK to NOK exchange rate

There are several ways to save on exchange rates when converting Swedish krona to Norwegian krone:

Shop around for the best SEK/NOK exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the SEK/NOK rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both SEK and NOK at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Norwegian krone with Swedish krona, then it's better for the SEK/NOK exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

Read our Currency guide to Norway — a practical currency and money guide to travel in Norway plus living and doing business with the Norwegian krone.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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Will the Swedish krona rise against the Norwegian krone?

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

Swedish krona - 3 month change versus major currencies

Currency Country Guides

Norway (NOK)	Bouvet Island (NOK)	Svalbard and Jan Mayen (NOK)
Sweden (SEK)

What is the cost of living in Norway?

There is no definitive answer to this question as the cost of living can vary greatly depending on lifestyle and location. However, according to Expatistan, the cost of living in Norway is generally high, with Oslo being the most expensive city.

How is the expat life in Norway?

Overall, the expat life in Norway is quite good. The country offers a high quality of life, including excellent healthcare and education. There is a strong sense of community, and Norwegians are generally very friendly and welcoming to foreigners. However, it can be expensive to live in Norway, and the winters can be long and dark.

Any laws in Norway that foreigners should be aware of?

There are laws in Norway that foreigners should be aware of, such as the law on public order and peace, the law on firearms and ammunition, as well as the law on narcotics.

What is doing business like in Norway?

Business in Norway is generally well organized and efficient. There is a high level of transparency and accountability, and businesses are expected to act in a socially responsible manner. Norway has a very strong welfare state, which provides a safety net for citizens and businesses. The country also has a highly developed infrastructure, which makes doing business relatively easy.