Norwegian Krone to Icelandic Krona — NOK to ISK
NOK to ISK Converter
NOK/ISK Rate — Last 30 Days
NOK edged up 0.69% this week — modest gains, no strong directional signal.
The 7-day and 30-day averages are very close — NOK/ISK is consolidating without a clear directional bias. Watch for a breakout from this range.
RSI of 76 means NOK has risen fast relative to ISK and may be overextended. RSI above 70 often precedes a pullback or consolidation — not a sell signal on its own, but a caution flag. Works best combined with other signals.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 12.8835 | 12.7907 | 12.8380 |
| 30 days | 13.3847 | 12.7028 | 13.0914 |
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Set a target rate — we email you when NOK/ISK hits it. Checked every 15 minutes.
Historical NOK/ISK Rates by Year
What drives the NOK/ISK rate?
Whether you're converting NOK for travel, business, or investment, here's what drives the NOK to ISK exchange rate. The NOK/ISK exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best NOK to ISK rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 NOK exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.