How much is one Norwegian krone in US dollars, euros or pounds?
Where to find the official rate and why yours may differ.
Short answer
The krone has no fixed value in dollars, euros or pounds, so check Norges Bank's daily reference rates, published at about 16:00 CET. Norway has had a floating exchange rate since 29 March 2001. These rates are only an indication and do not bind any bank, so the rate your bank or card provider uses may differ.
Why
- Norges Bank's rates are the midpoint between buying and selling rates in the interbank market at a given time.
- A formal inflation target and a floating exchange rate were introduced on 29 March 2001, so the krone is not pegged to the euro or the dollar.
- Norges Bank states that its exchange rates are only an indication and are not binding on Norges Bank or other banks.
Details
To see today's figure, open the exchange rate page on norges-bank.no and choose USD, EUR or GBP. The same page lets you download the rates. For a card payment or cash withdrawal, the rate that counts is the one your own bank or card provider applies.
Tip
If a card terminal or cash machine in Norway offers to charge you in your home currency, choose kroner: DNB's travel advice is that paying in the local currency gives a better price.
People also ask
- How many Norwegian kroner are there to the pound?
- How many Norwegian kroner do you get for a dollar?
- What is the NOK exchange rate?
Sources
- Norges Bank: Exchange ratesChecked at:
- Norges Bank: History from 2001Checked at:
- DNB: Financial travel adviceChecked at:
Exchange rates change every day, so check Norges Bank or your bank before you change money.
The krone and exchange ratesRelated questions
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How do I find the IBAN for my Norwegian bank account?
You find the IBAN for your Norwegian account in your bank's online bank or app under the account details, and also on your account statement.
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Why did my hotel or car rental company block money on my card in Norway?
Hotels and car rental companies reserve money on your card as security, and the reservation is released once the final amount is settled.
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How do I pay a Norwegian invoice with a KID number from abroad?
To pay a Norwegian invoice from abroad, make an international transfer to the payee's IBAN and BIC and enter the KID number as the payment reference.
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Do Norwegian banks charge an annual fee for debit cards?
Yes, banks such as DNB charge an annual fee for an adult debit card, currently NOK 295 a year, while cards for children and young people are free.