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History · 30 jours

Norwegian Krone (NOK) historical rate to US Dollar (USD)

NOK/USD shows how many US dollars one Norwegian krone buys, used by traders, importers, and travelers converting between Norway and the United States.

Daily observations
20
within the available range
Source
Market
api.forex
Method

How to read NOK/USD history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,10328604
Maximum 0,1057731
Average 0,10424797
Total change +1.17%
Daily observations

Dated NOK/USD rates

Couverture du au , en UTC.

Convert NOK/USD
Date UTC Rate Change Nature
0,10484466 -0.54% Market
0,10541673 -0.34% Market
0,1057731 +0.09% Market
0,10568032 +0.72% Market
0,10492574 +0.66% Market
0,10424094 +0.92% Market
0,10328604 -0.23% Market
0,10352224 -0.87% Market
0,10442763 -0.01% Market
0,10444083 +0% Market
0,10444083 +0.39% Market
0,10403359 -0.22% Market
0,10426083 +0.42% Market
0,10382276 +0.39% Market
0,1034171 -0.26% Market
0,10368798 -0.13% Market
0,1038206 +0% Market
0,1038206 +0.34% Market
0,10346676 -0.16% Market
0,10363006 Market
Editorial analysis

Understanding the NOK/USD pair

NOK/USD is a directed currency pair that indicates how many US dollars (USD) are needed to purchase one Norwegian krone (NOK). This pair is commonly used by forex traders, Norwegian importers paying US suppliers, and travelers exchanging currency between Norway and the United States. When the pair appreciates, the krone strengthens against the dollar, meaning each krone buys more dollars; a depreciation means the krone weakens.

The Norwegian krone is heavily influenced by Norges Bank's monetary policy, which targets low and stable inflation, and by Norway's status as a major oil exporter. Crude oil prices significantly affect the krone, as higher oil revenues boost the economy and the currency. The US dollar, managed by the Federal Reserve, is shaped by US interest rates, inflation, and economic growth. The interest-rate differential between Norges Bank and the Fed, along with global risk sentiment, drives capital flows. Norway's large sovereign wealth fund also impacts the krone through its international investments.

Over recent years, NOK/USD has experienced notable swings tied to oil price volatility and divergent central bank policies. The pair saw a sharp decline in 2020 amid the pandemic-driven oil price crash, followed by a partial recovery as oil prices rebounded. In 2022-2023, the krone weakened against a strong dollar as the Fed raised rates aggressively, while Norges Bank also tightened but at a slower pace. More recently, the pair has been influenced by shifting expectations for rate cuts and oil market dynamics. These phases illustrate the krone's sensitivity to commodity cycles and global monetary conditions.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

Currencies

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