About this pair
NOK/SEK: what to know
The NOK/SEK rate shows how much SEK you get for 1 NOK. Right now, 1 NOK buys 1.0444 SEK at the mid-market rate. In the other direction, 1 SEK is worth 0.9575 NOK.
In the short term NOK is driven mainly by oil and gas prices, while SEK responds to European growth and euro moves.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”.
Over the past 12 months the NOK/SEK rate has ranged between 0.9111 and 1.0447 — a change of +10.64% 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.