About this pair
NOK/GBP: what to know
The NOK/GBP rate shows how much GBP you get for 1 NOK. Right now, 1 NOK buys 0.0795 GBP at the mid-market rate. In the other direction, 1 GBP is worth 12.5821 NOK.
In the short term NOK is driven mainly by oil and gas prices, while GBP responds to Bank of England policy and the UK economy.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the NOK/GBP rate has ranged between 0.0731 and 0.0807 — a change of +7.78% 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.