Convert British Pound to Norwegian Krone
GBP to NOK Exchange Rate Calculator
1 British Pound (GBP) = 12.4906 Norwegian Krone (NOK) at the live mid-market rate. That means $100 GBP converts to roughly 1,249.06 NOK, and $1,000 GBP converts to about 12,490.60 NOK. The GBP/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 GBP/NOK context
Over the past 90 days, GBP/NOK has traded between 12.3874 and 13.0583. The current rate of 12.4906 sits roughly 15% through that range — near the lower end, meaning Norwegian Krone has been stronger than typical against British Pound recently. Versus the rate 90 days ago, British Pound has weakened by 3.15% against Norwegian Krone.
GBP/NOK Price History
Interactive GBP/NOK exchange rate chart with 7-day, 30-day, and 90-day views.
About British Pound (GBP)
The British Pound Sterling (GBP) is the official currency of the United Kingdom and one of the oldest currencies in continuous use, dating back over 1,200 years. It is issued by the Bank of England and is the fourth-most-traded currency globally.
- •In continuous use since Anglo-Saxon England — older than any major fiat rival
- •Fourth-most-traded currency, ~13% of daily global forex turnover
- •Bank of England sets Bank Rate via its Monetary Policy Committee (MPC)
- •GBP/USD carries the traders' nickname "Cable" from the 19th-century transatlantic telegraph cable
- •The UK left the EU on 31 January 2020; Brexit still shapes GBP volatility around trade headlines
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 does European economic data affect GBP/NOK?
Both Scandinavian and G10 European currencies are tightly linked to Eurozone economic conditions through trade flows and financial correlations. Eurozone CPI, ECB decisions, and German manufacturing data all move GBP/NOK.
What is a typical daily range for GBP/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 GBP/NOK the most?
The biggest scheduled catalysts are Bank of England MPC meetings, UK CPI, and UK jobs reports 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 GBP to NOK at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market GBP/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 GBP/NOK rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market GBP/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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Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Mid-Market RateThe mid-market rate is the midpoint between the buy (bid) and sell (ask) price of a curren…
Rate history
- GBP/USD historyGBP/USD ("Cable" in forex slang, named for the 19th-century transatlantic telegraph cable) has been one of the most politically-driven major pairs of the last decade
- EUR/GBP historyEUR/GBP is the cross between the UK's and Europe's currencies — a pair dominated by Brexit, ECB-BoE policy divergence, and inter-European trade flows
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Exchange rates refresh hourly · Sourced from institutional-grade data providers