Norwegian Krone Exchange Rate
NOK/PLN
The Norwegian krone is a currency backed by gas and oil
Norway has all but done away with cash
Norges Bank invests its global oil profits
Check the current NOK exchange rate and calculate how the transaction can go if you make it with our dealer.
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What factors influence the current exchange rate between the Norwegian krone and the Polish zloty (NOK/PLN)?
The NOK/PLN currency pair shows how many Polish zlotys (PLN) are needed to buy one Norwegian krone (NOK). Norway’s economy is exceptionally wealthy and unique – it relies heavily on the export of energy resources.
The following factors have a key influence on the Norwegian krone’s exchange rate:
- Crude oil (Brent) and natural gas prices – when these commodities rise in price on global markets, billions flow into Norway from exports, which almost immediately strengthens the NOK exchange rate.
- Decisions by Norges Bank – the Norwegian central bank, which sets interest rates and manages the country’s massive sovereign wealth fund.
- The policy of the National Bank of Poland (NBP) – which shapes the value of Polish zloty.
Due to its dependence on the commodities market, the Norwegian krone is a currency that is highly sensitive to global economic cycles and investor sentiment.
Currency converter and quick exchange: NOK/PLN
Our intuitive currency converter allows you to keep track of exchange rates in real time and instantly check how many zlotys you’ll receive for selling Norwegian currency. The data fed into the Trejdoo converter comes directly from the global Forex market, guaranteeing you access to real-time prices.
To check the current value, enter the amount in the calculator above. Do you operate across the entire Scandinavian market? Check our current Swedish krona exchange rate (SEK/PLN) too.
Exchange of Norwegian krone for businesses and employees (B2B and B2C)
Norway is not a member of the European Union, but it is part of the European Economic Area (EEA). This means that Polish construction, shipbuilding and IT companies provide their services there on a large scale. At the same time, thousands of Poles work in Norway, regularly sending their earnings back home.
We offer companies and contract workers the exchange of Norwegian kroner directly into zlotys at the best market rates, allowing them to save hundreds of zlotys on every pay cheque or invoice paid.
Cost-effective and secure money transfers between Norway and Poland
Instead of putting up with unfavourable terms at your bank, simply open a free account with Trejdoo. You can easily top up your currency wallet with Norwegian kroner directly from your Norwegian account, exchange them for Polish zlotys on the platform, and transfer the funds via instant transfer to your Polish account.
It’s the perfect, 100% digital solution for managing your business or household budget, combining Norwegian earnings with Polish expenses.
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Frequently Asked Questions (FAQ) - NOK/PLN
How do you read the NOK/PLN exchange rate correctly?
In this exchange rate, the Norwegian krone (NOK) is the base currency and the Polish zloty (PLN) is the quoted currency. The exchange rate shown indicates how many zlotys (or groszy) one krone is worth. For example, a rate of 0.3950 means that 1 NOK is worth 39.5 groszy.
Why is the Norwegian krone referred to as a ‘petro-currency’?
Norway is one of the world’s largest exporters of crude oil and natural gas. Revenue from this sector forms the backbone of the Norwegian economy. Historically, the Norwegian krone (NOK) has very often tracked the price of a barrel of Brent crude on the foreign exchange markets.
Is it worth sending Norwegian kroner directly to a Polish zloty account at a bank?
This is usually the most expensive option available. A Polish bank receiving such a transfer will automatically convert the currency at its own, very unfavourable published exchange rate, which is subject to a high spread. A much cheaper option is to use Trejdoo – exchanging NOK for PLN yourself at the market rate and only then transferring the zlotys to your bank account.
What are the best times to exchange NOK for PLN?
The NOK/PLN pair offers the highest liquidity and tightest spreads during the trading hours of Scandinavian and European financial institutions. The best trading conditions on Trejdoo are usually available on working days between 8:00 and 18:00 local time.