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NOK to EUR - Norwegian Krone to Euro Converter

Convert Norwegian Krone to Euro with daily ECB exchange rates

1 NOK = ~0.0875 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

NOK to EUR shifts are frequently gradual, tied to energy markets and Norges Bank guidance.

Track oil price trends and central-bank signals for rough timing.

✈️ Travel budgeting💼 Quick invoicing💸 Remittance estimates

Common NOK - EUR Conversions

24h Change
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7d Change
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30d Change
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1y Change
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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include Norges Bank policy actions, inflation gaps between Norway and the euro area, energy export trends, eurozone growth, and global risk sentiment that shifts demand for safe-haven assets.

Economic Context

Trading Relationship

Norway trades heavily with the EU; EUR/NOK affects import costs for Norwegian firms and eurozone buyers, impacting pricing and margins across energy and manufactured goods.

Key Rate Factors

  • •Norges Bank policy decisions
  • •Inflation differentials
  • •Oil and gas export patterns
  • •Eurozone growth and policy
  • •Global risk sentiment

Central Banks

Norges Bank
Oslo, Norway
Set within Norway's framework to target inflation and manage liquidity to stabilize prices over time.
European Central Bank
Frankfurt, Germany
Guides euro-area policy, steering inflation and money supply across eurozone members.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates