Skip to content
All Currency Converter

Exchange rates and conversions

Norwegian Krone (NOK)

The Norwegian krone (NOK) is the currency of Norway, issued by Norges Bank. One krone divides into 100 øre, a unit that still appears in prices but no longer exists as a coin.

Updated Sep 19, 2026, 12:02 AM

NOK
From
To

Converted amount

0.92 EUR

1 NOK = 0.09247 EUR · 1 EUR = 10.8140 NOK

NOKEUR

Updated Sep 19, 2026, 12:02 AM

NOK against the major currencies

The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.

About the Norwegian Krone

Norway adopted the krone in 1875 when it joined the Scandinavian Monetary Union already formed by Sweden and Denmark, replacing the speciedaler. Norges Bank, founded in 1816, has issued the notes ever since. The last øre coin was withdrawn in 2012, so cash totals are rounded to the nearest krone while card and transfer amounts keep the decimals.

Norway is in the European Economic Area but not in the European Union, which is one reason it kept its own currency and its own monetary policy. Oil and gas are the country's dominant exports, so the krone is one of the currencies that tracks energy prices most closely, and petroleum revenue is deliberately invested abroad through the sovereign wealth fund rather than converted at home. The krone is also traded in far smaller volumes than the euro or the dollar, so it can move sharply on days when investors pull back from smaller markets.

The krone is the currency of Norway, including Svalbard and Jan Mayen. Denmark and Sweden use currencies with the same name but a different value.

NOK at a glance

Symbol
kr (NOK)
Subunit
1 krone = 100 øre, no longer issued as coins
Central bank
Norges Bank, founded in 1816
Introduced
1875, on joining the Scandinavian Monetary Union
ISO 4217 code
NOK

FAQ

What is the currency of Norway?

Norway uses the krone, ISO code NOK, written kr and issued by Norges Bank in Oslo. One krone divides into 100 øre, although øre coins are no longer in circulation. Notes are issued in 50, 100, 200, 500 and 1,000 krone denominations.

Does Norway use the euro?

No. Norway is not a member of the European Union and has kept the krone, so shops, restaurants and transport all price in kroner. Euro notes are not accepted as payment, and paying in foreign cash where it is tolerated usually costs more than paying by card in kroner.

Why does the Norwegian krone move with the oil price?

Oil and gas make up a large share of Norway's exports and of state income, so expectations about energy prices feed straight into how the currency is valued. The krone is also a comparatively small market, which amplifies those moves. A rate you noted a month ago is therefore a weak guide to today's figure.

Follow the NOK from your phone

The app converts NOK into 148 currencies, offline included, and keeps your favourite pairs one tap away.

See all