Norwegian Krone to Euro — NOK to EUR
NOK to EUR Converter
NOK/EUR Rate — Last 30 Days
NOK dipped 0.49% this week — minor weakness, within normal market noise.
The 7-day average rate is above the 30-day average — recent momentum favors NOK strengthening vs EUR. Uptrends can persist, but watch for a mean-reversion pullback.
4 consecutive days where NOK gained vs EUR. Consistent streaks indicate sustained buying pressure — but longer streaks increase the odds of a short-term pullback.
The rate is within the top 20% of its 30-day range — bullish short-term positioning. A break above the high could accelerate momentum.
RSI above 50 means buyers are in control over the recent period. At 64, momentum is moderately bullish — not extreme, suggesting the trend has room to continue without being overextended.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 0.0918 | 0.0909 | 0.0912 |
| 30 days | 0.0932 | 0.0882 | 0.0910 |
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Historical NOK/EUR Rates by Year
What drives the NOK/EUR rate?
Whether you're converting NOK for travel, business, or investment, here's what drives the NOK to EUR exchange rate. The NOK/EUR exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best NOK to EUR rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 NOK exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.