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GBP to NOK Exchange Rate News and Forecasts

As Norway’s economy is comparatively small and very open, the performance of the domestic currency has a direct impact on the nation’s development, with the Norwegian Krone (NOK) exchange rate effecting demand for Norwegian goods and services and directing domestic inflation.

The Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate was trading in a narrow range between 2010 and 2013, fluctuating between 8.50 Krone and 9.44 Krone. However, as Norway is an oil exporting country, oil prices can dictate the direction taken by the Norwegian Krone. Consequently, in 2014 the GBP/NOK exchange rate rallied to 11.70 Krone.

Please find our latest Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate news and up-to-date currency forecasts below.