CHF to NOK

The CHF/NOK exchange rate explained

This overview brings together the rate for Swiss Franc (CHF) and Norwegian Krone (NOK) and compares it with the cost of an actual conversion at a range of providers. As of October 31, 2026, one CHF is worth 11.2062 NOK, while a single NOK comes to 0.089236 CHF.

The rate shown above is the interbank mid rate. It is the midpoint between what wholesale traders pay for CHF and what they ask for it. It works as a fair reference point: it contains no profit margin and no fees, so you rarely get it as a private customer.

The amount that lands in the other account is shaped by two separate costs: the margin a provider adds to that rate and the fee you see on the order screen. Below the converter and chart we explain how those costs work, look at what a conversion costs in practice and list practical steps to lose less on the exchange when converting CHF to NOK.

A worked example with 1,000.00 CHF

Take an amount of 1,000.00 CHF. Using the reference rate of 11.2062, that sum sets the ceiling for what any provider could deliver in NOK. In reality every provider keeps something, since the margin and fees are taken out along the way.

Across the 9 providers in our comparison, Wise delivered the most and paid out 11,151.62 NOK at the time of our last update. The difference between that figure and the mid-market amount is the real price of the transfer.

Bear in mind that a different amount can produce a different winner. A flat fee hurts most when the amount is small, while a percentage margin grows along with the amount. Enter your own amount in the converter for a ranking that fits your situation.

Where you pay with CHF and NOK

Swiss Franc is the currency of Switzerland, Liechtenstein. Norwegian Krone is the official currency of Norway. Knowing this helps when you plan a trip, pay an invoice or send money to family.

There are plenty of everyday reasons to convert CHF to NOK: moving abroad, studying, doing business or sending a gift. Not every situation needs the same solution: a one-off large payment calls for the best rate, whereas frequent smaller payments suffer more from flat charges.

Each country has its own payment habits. Depending on the country, you need an IBAN, a local account number or a mobile wallet and in certain countries cash pickup or mobile money is common. Have the recipient’s full details ready before you begin.

SWIFT versus local payout for CHF to NOK

Your regular bank usually sends the money through SWIFT. Your transfer may hop between several banks before it arrives, and each can take a fee. It typically arrives within a few working days, and the exact cost is not always clear in advance.

Specialised transfer services often work differently. They keep money in accounts in both regions, so no money physically crosses the border: you pay in locally and the recipient is paid out locally. The result tends to be quicker and less expensive, with the final NOK amount fixed upfront.

Delivery time depends on several factors: how you pay, the time of day, cut-off times and bank holidays in both countries. New customers sometimes wait a little longer because the provider has to verify your identity. Get verified before you need to send if the money has to arrive on a set date.

Mid-market rate versus the rate you get

Most providers stay away from the rate of 11.2062 as such. They offer a rate that is a little less favourable and pocket the gap. This is known as the markup. A markup of 2%, for example, means that you lose roughly 2 CHF on every 100 CHF, without it ever appearing as a fee.

On top of the margin, many providers add a visible fee. It may be a flat charge per payment, a share of what you send or both at once. With international bank payments the receiving or intermediary bank sometimes deducts a charge too, and those only show up at the end.

Take a close look at offers that say "no fees" or "0% commission". Free usually means the price is built into the exchange rate. The reliable test is the final NOK figure for exactly the same sum, and that is the figure our table ranks on.

Larger transfers: what to check first

Only use providers that are regulated. Look for authorisation from the FCA in the UK or the financial regulator in your own country. Regulated firms have to safeguard client funds.

Verify every detail of the recipient. Once money has left, getting it back is difficult. Be suspicious if someone urges you to pay quickly or suddenly changes bank details: confirm by phone using a number you already know.

Big sums usually trigger extra verification. Have documents ready that show where the money came from, for example a contract of sale or an account statement. For big amounts it can pay to ask for a better rate. Ask whether you can fix the rate in advance.

The CHF/NOK rate over twelve months

Across the last year, the exchange rate has changed by -10.68%. In that period the rate peaked at 12.8438 NOK for one CHF, and the lowest was 11.1893. At 11.2062, the rate today can be measured against those two levels.

The distance between the high and the low puts the movement into real terms. For a bigger amount, timing has a visible effect on the outcome, occasionally more than the difference between providers.

The rate reflects interest rate decisions, inflation figures, trade flows and general market sentiment. The statistics here are historical, not a forecast. If you are waiting for a particular level, use an alert or limit order rather than a hunch.

How GoldexPay compares CHF to NOK providers

Every calculation begins with the mid-market rate of 11.2062. We then apply each provider’s published fees and exchange rate margin, which gives the amount the recipient receives. We do this for 9 providers, placed side by side.

The figures refresh every half hour, and the date on the page shows when the data was last updated. The final price is always set by the provider itself, and it can differ slightly from our calculation, especially when markets are busy.

GoldexPay is independent. Some links on this page are affiliate links. That never changes the ranking: the only ranking criterion is the amount received.

Practical ways to save on CHF/NOK

Compare the total cost, not the fee alone. A provider with a low fee can still be expensive because the margin can make up the difference. The fairest figure to compare is the amount received, which combines margin and fee.

When you pay by card abroad, a terminal may offer to charge you in your home currency. That option is known as dynamic currency conversion, or DCC. The rate used is usually poor. Always opt to pay in the local currency and let your own card provider do the conversion.

Timing can also matter. At weekends, with the wholesale market shut, some services add an extra buffer to the rate. For transfers that can wait, a rate alert or limit order lets you convert automatically once CHF/NOK reaches a level you choose. It saves you from checking the rate every day, but the target may never be reached.

Finally, look at how you pay. Paying by credit card can trigger extra charges, and funding by bank transfer tends to keep costs down. Bundling smaller transfers means fixed charges hit you fewer times.