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USD USD NOK NOK Rate as of2026-05-17

USD to NOK Converter.

Current rate

1 USD = 10.85 NOK as of 2026-05-17. A pair for Norway-US business (Norwegian oil/gas exports, shipping, Norwegian salmon to US market), US-based tourism to Norway, and Norwegian-American diaspora. Unlike DKK (EUR-pegged), NOK floats freely and is one of the most oil-correlated major currencies — typically strengthens with crude oil prices and risk-on sentiment. Norges Bank policy rate sits at 4.50% in early 2026, among the highest in G10.

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USDNOK Converter

$
🇺🇸 $1.00 = 🇳🇴
NOK 10.85
Rate: 1 USD = 10.8500 NOK
Common conversions
🇺🇸 USD🇳🇴 NOK
$1.00NOK 10.85
$10.00NOK 108.50
$100.00NOK 1,085.00
$500.00NOK 5,425.00
$1,000.00NOK 10,850.00
$5,000.00NOK 54,250.00
$10,000.00NOK 108,500.00
$50,000.00NOK 542,500.00
$100,000.00NOK 1,085,000.00
✨ Mid-market rate · as of 2026-05-17 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
10.85
1 USD = NOK
1 year ago
10.55
↑ 2.8% in 12 months
5 years ago
9.85
↑ 10.2% in 5 years
🔢 Quick reference

USD to NOK conversion table.

Common US Dollar amounts converted to Norwegian Krone at today's rate of 1 USD = 10.85 NOK. The reverse holds too: 1 NOK = 0.0922 USD.

USD → NOK
1 USD 10.85 NOK
5 USD 54.25 NOK
10 USD 108.5 NOK
25 USD 271.25 NOK
50 USD 542.5 NOK
100 USD 1,085 NOK
500 USD 5,425 NOK
1,000 USD 10,850 NOK
5,000 USD 54,250 NOK
10,000 USD 108,500 NOK
NOK → USD
1 NOK 0.0922 USD
5 NOK 0.4608 USD
10 NOK 0.9217 USD
25 NOK 2.3 USD
50 NOK 4.61 USD
100 NOK 9.22 USD
500 NOK 46.08 USD
1,000 NOK 92.17 USD
5,000 NOK 460.83 USD
10,000 NOK 921.66 USD
💡 About this corridor

Why people convert USD to NOK.

The USD/NOK corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Norwegian Krone side, demand comes from oil/gas exports, salmon trade, and sovereign wealth fund flows. Because both sides see steady two-way flow, USD/NOK is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved up 2.8% against the Norwegian Krone, and over five years it has strengthened about 10.2% (from 9.85 to 10.85). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Norwegian Krone you receive by a meaningful margin.

Getting the best USD → NOK rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-17 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to NOK FAQ.

Why is NOK so oil-correlated?
Norway is one of Europe's largest oil and gas producers (Equinor accounts for ~70% of Norwegian government revenue indirectly via the Government Pension Fund). When oil prices rise: (1) Norway's current account surplus expands, supporting NOK, (2) the Government Pension Fund accumulates more foreign assets, (3) Norwegian terms of trade improve. The correlation between NOK and Brent has been 0.65-0.85 over the last decade. For USD-NOK forecasters, oil price views often dominate other considerations.
USD to NOK for US tourists in Norway?
Best options: (1) Wise/Revolut/Schwab debit card ATM withdrawals at DNB, Nordea, SpareBank 1, or Handelsbanken ATMs (near-mid-market rate, ~1% effective markup), (2) Pre-loading a Wise multi-currency wallet with NOK. Norway is among the most cashless countries — credit/debit cards work everywhere including at ferries and small rural shops. Avoid airport money changers (4-6% spread) and cash exchange offices in Oslo central (typical 3-5% spread).
NOK outlook vs USD in 2026?
Most institutional forecasters expect USD-NOK to trade in the 10.5-11.5 range through 2026, with bias toward gradual NOK strengthening as Norges Bank cuts rates more slowly than Fed and oil prices stabilize. Norway's policy rate (4.50%) is meaningfully higher than peer Nordic central banks (Riksbank 1.75%, Danmarks Nationalbank 2.0% effective), supporting NOK relative carry. Long-term PPP-fair-value for USD-NOK is around 8.5-9.5 — current 10.85 reflects USD strength rather than NOK weakness specifically.