🇳🇴 NOK to 🇨🇦 CAD — Convert Norwegian Krone to Canadian Dollar
1 Norwegian Krone = 0.1492 Canadian Dollar
NOK/CAD Exchange Rate History
🇳🇴 NOK to 🇨🇦 CAD Conversion Table
| Norwegian Krone (NOK) | Canadian Dollar (CAD) |
|---|---|
| kr1 | C$0.1492 |
| kr5 | C$0.7459 |
| kr10 | C$1.4918 |
| kr25 | C$3.7295 |
| kr50 | C$7.4591 |
| kr100 | C$14.9181 |
| kr500 | C$74.5907 |
| kr1,000 | C$149.1814 |
| kr5,000 | C$745.9069 |
| kr10,000 | C$1,491.81 |
NOK/CAD 30-Day Market Statistics
Over the past 30 days, the Norwegian Krone to Canadian Dollar exchange rate has risen by 1.6371%, moving from 0.1466 to 0.1490. It traded between a low of 0.1462 on May 1 and a high of 0.1495 on May 13, averaging 0.1481. With a high-to-low spread of 2.2282%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇳🇴 About the Norwegian Krone (NOK)
The Norwegian Krone is a petrocurrency, reflecting Norway's position as a major oil and natural gas exporter. The country's vast sovereign wealth fund underpins long-term economic stability.
Issuing authority: Norges Bank.
🇨🇦 About the Canadian Dollar (CAD)
The Canadian Dollar, nicknamed the 'loonie', is a commodity currency strongly linked to crude oil since Canada is one of the world's largest oil exporters. Its fortunes are closely tied to the neighbouring US economy.
Issuing authority: Bank of Canada.
What Moves the NOK/CAD Exchange Rate?
The NOK to CAD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Norwegian Krone (NOK): Crude oil and natural gas prices, Norges Bank interest rate decisions, and global energy demand.
Canadian Dollar (CAD): Crude oil prices, Bank of Canada policy, trade with the United States, and broader commodity demand.
When demand for the Norwegian Krone rises relative to the Canadian Dollar, the NOK/CAD rate increases, meaning each NOK buys more CAD. The opposite happens when the Canadian Dollar strengthens.
How to Convert NOK to CAD
- Enter the amount of NOK you want to convert in the converter above.
- The equivalent in CAD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (CAD to NOK).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange NOK to CAD
Getting a rate close to the mid-market rate above can save you money, especially on larger Norwegian Krone to Canadian Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.