π³π΄ NOK to πΊπΈ USD β Convert Norwegian Krone to US Dollar
1 Norwegian Krone = 0.1082 US Dollar
NOK/USD Exchange Rate History
π³π΄ NOK to πΊπΈ USD Conversion Table
| Norwegian Krone (NOK) | US Dollar (USD) |
|---|---|
| kr1 | $0.1082 |
| kr5 | $0.5411 |
| kr10 | $1.0821 |
| kr25 | $2.7053 |
| kr50 | $5.4106 |
| kr100 | $10.8212 |
| kr500 | $54.1061 |
| kr1,000 | $108.2122 |
| kr5,000 | $541.0611 |
| kr10,000 | $1,082.12 |
NOK/USD 30-Day Market Statistics
Over the past 30 days, the Norwegian Krone to US Dollar exchange rate has risen by 0.8396%, moving from 0.1072 to 0.1081. It traded between a low of 0.1072 on Apr 29 and a high of 0.1091 on May 13, averaging 0.1080. With a high-to-low spread of 1.7595%, the pair has been relatively stable this month.
Frequently Asked Questions
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π³π΄ 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.
πΊπΈ About the US Dollar (USD)
The US Dollar is the world's primary reserve currency and the most traded currency on the planet, on one side of roughly 88% of all foreign exchange transactions. It serves as the global benchmark for commodities such as oil and gold, which are priced in dollars.
Issuing authority: Federal Reserve System (the Fed).
What Moves the NOK/USD Exchange Rate?
The NOK to USD 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.
US Dollar (USD): Federal Reserve interest rate decisions, US inflation (CPI) data, non-farm payroll employment reports, and the dollar's status as a safe-haven asset during global uncertainty.
When demand for the Norwegian Krone rises relative to the US Dollar, the NOK/USD rate increases, meaning each NOK buys more USD. The opposite happens when the US Dollar strengthens.
How to Convert NOK to USD
- Enter the amount of NOK you want to convert in the converter above.
- The equivalent in USD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (USD to NOK).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate β 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 USD
Getting a rate close to the mid-market rate above can save you money, especially on larger Norwegian Krone to US 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 β 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.