Convert South Korean Won to Norwegian Krone
KRW to NOK Exchange Rate Calculator
1 South Korean Won (KRW) = 0.0061 Norwegian Krone (NOK) at the live mid-market rate. That means $100 KRW converts to roughly 0.61 NOK, and $1,000 KRW converts to about 6.14 NOK. The KRW/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 KRW/NOK context
Over the past 90 days, KRW/NOK has traded between 0.0061 and 0.0066. The current rate of 0.0061 sits roughly 8% through that range — near the lower end, meaning Norwegian Krone has been stronger than typical against South Korean Won recently. Versus the rate 90 days ago, South Korean Won has weakened by 6.83% against Norwegian Krone.
KRW/NOK Price History
Interactive KRW/NOK exchange rate chart with 7-day, 30-day, and 90-day views.
About South Korean Won (KRW)
The South Korean Won (KRW) is the official currency of South Korea, managed by the Bank of Korea. KRW reflects one of Asia's most export-oriented, technology-driven economies — semiconductor cycles (Samsung, SK Hynix) and global risk appetite are the dominant drivers.
- •South Korea is the world's 10th-largest economy by nominal GDP
- •Bank of Korea targets 2% CPI inflation
- •KRW is not deliverable offshore — trades mainly through NDF (non-deliverable forward) markets
- •Samsung and SK Hynix alone account for a large share of Korean exports
- •South Korea holds the world's ninth-largest FX reserves
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
When is KRW/NOK most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when KRW markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for KRW/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 KRW/NOK the most?
The biggest scheduled catalysts are Bank of Korea decisions and Korean semiconductor export data 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 KRW to NOK at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market KRW/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 KRW/NOK rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market KRW/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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Country money guides, key terms, rate history, and articles related to KRW/NOK.
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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
- USD/KRW historyUSD/KRW is one of Asia's most-traded emerging-market currency pairs — heavily linked to Korean technology exports (Samsung, SK Hynix, Hyundai), semiconductor cycles, and global risk sentiment
- USD/NOK historyUSD/NOK is uniquely tied to oil and natural gas prices — Norway is Western Europe's largest oil and gas producer
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Exchange rates refresh hourly · Sourced from institutional-grade data providers