Convert Canadian Dollar to Norwegian Krone
CAD to NOK Exchange Rate Calculator
1 Canadian Dollar (CAD) = 6.6984 Norwegian Krone (NOK) at the live mid-market rate. That means $100 CAD converts to roughly 669.84 NOK, and $1,000 CAD converts to about 6,698.40 NOK. The CAD/NOK rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day CAD/NOK context
Over the past 90 days, CAD/NOK has traded between 6.6944 and 7.1138. The current rate of 6.6984 sits roughly 1% through that range — near the lower end, meaning Norwegian Krone has been stronger than typical against Canadian Dollar recently. Versus the rate 90 days ago, Canadian Dollar has weakened by 5.42% against Norwegian Krone.
CAD/NOK Price History
Interactive CAD/NOK exchange rate chart with 7-day, 30-day, and 90-day views.
About Canadian Dollar (CAD)
The Canadian Dollar (CAD) is the official currency of Canada and the sixth-most-held reserve currency. Nicknamed the "Loonie" after the loon on the C$1 coin, it is a commodity currency driven primarily by crude oil prices and US cross-border trade, which accounts for roughly 75% of Canadian exports.
- •Canada is the world's fourth-largest crude oil producer
- •Roughly 75% of Canadian exports go to the United States
- •Bank of Canada (BoC) sets the overnight rate and targets 2% CPI inflation
- •USD/CAD is often called the "Loonie" among traders
- •Canada and the US are connected by the USMCA trade agreement (replaced NAFTA in 2020)
About Norwegian Krone (NOK)
The Norwegian Krone (NOK) is the official currency of Norway, issued by Norges Bank. It is the petrocurrency of Europe — Norway is Western Europe's largest oil and gas producer, and NOK movements closely track Brent crude prices alongside Norges Bank rate policy.
- •Norway is the largest natural gas supplier to the European Union
- •Norway's sovereign wealth fund (GPFG) exceeds $1.7 trillion — the world's largest
- •Norges Bank runs an inflation target of 2%
- •NOK is Europe's most oil-sensitive currency
- •Norway remains outside the EU and Eurozone
Frequently Asked Questions
How do commodity prices affect CAD/NOK?
CAD is a commodity-linked currency — its movements correlate closely with WTI crude oil prices. Rising commodity prices typically strengthen CAD and move CAD/NOK accordingly.
What is a typical daily range for CAD/NOK?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move CAD/NOK the most?
The biggest scheduled catalysts are BoC rate decisions, Canadian employment data, and WTI crude movements and Norges Bank decisions and Brent crude movements. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert CAD to NOK at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market CAD/NOK than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the CAD/NOK rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market CAD/NOK rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers