About this pair
GBP/NOK: what to know
The GBP/NOK rate shows how much NOK you get for 1 GBP. Right now, 1 GBP buys 12.5618 NOK at the mid-market rate. In the other direction, 1 NOK is worth 0.0796 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while NOK responds to oil and gas prices.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the GBP/NOK rate has ranged between 12.3874 and 13.6752 — a change of -6.32% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.