About the Norvēģijas krona to eiro exchange rate
The NOK/EUR pair shows how many eiro (EUR) one Norvēģijas krona (NOK) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
NOK/EUR is quoted as EUR per one NOK. At 0,0924, 1 NOK equals 0,0924 EUR and 1 EUR equals 10,827 NOK. The inverse pair is EUR/NOK.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Norvēģijas krona and eiro areas. Treasury teams, investors and travelers use NOK/EUR to convert prices, hedge FX risk and compare returns.
How NOK/EUR is quoted
In NOK/EUR, NOK is the base currency and EUR is the quote currency: the price is how many eiro buy one Norvēģijas krona. A rise in NOK/EUR means Norvēģijas krona strengthened against eiro; a fall means Norvēģijas krona weakened.
What drives the Norvēģijas krona to eiro rate
The NOK/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Norvēģijas krona and eiro economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.