USD → 
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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Rate as of 2026-05-17USD → NOK Converter
$
🇺🇸 $1.00 = 🇳🇴
NOK 10.85
Rate: 1 USD = 10.8500 NOK
Common conversions
| 🇺🇸 USD | 🇳🇴 NOK |
|---|---|
| $1.00 | NOK 10.85 |
| $10.00 | NOK 108.50 |
| $100.00 | NOK 1,085.00 |
| $500.00 | NOK 5,425.00 |
| $1,000.00 | NOK 10,850.00 |
| $5,000.00 | NOK 54,250.00 |
| $10,000.00 | NOK 108,500.00 |
| $50,000.00 | NOK 542,500.00 |
| $100,000.00 | NOK 1,085,000.00 |
✨ Mid-market rate · 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
❓ 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.
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