NOK to SEK

Converting Norwegian Krone into Swedish Krona explained

This page follows the price relationship between Norwegian Krone (NOK) and Swedish Krona (SEK) and sets it next to the cost of an actual conversion at a range of providers. As of October 30, 2026, 1 NOK equals 1.0662 SEK, while a single SEK is worth 0.937868 NOK.

The figure at the top is the mid-market rate, sometimes called the interbank rate. It is the midpoint between the price at which large banks buy NOK and the price at which they sell it. It works as a fair reference point: no fee or margin is built in, which is exactly why you rarely get it as a private customer.

What ends up on the SEK side is shaped by two things: the gap between the provider’s rate and the mid-market rate and any fixed or percentage fee. In the sections below we explain how those costs work, put them side by side and give concrete ways to lose less on the exchange when converting NOK to SEK.

What 10,000.00 NOK gets you in SEK

Consider a conversion of 10,000.00 NOK. Using the reference rate of 1.0662, that sum sets the ceiling for what the recipient could get. In practice nobody hands over that full amount, since the margin and fees are taken out along the way.

Across the 9 providers in our comparison, Wise came out cheapest for this amount, with 10,610.08 SEK after all costs. Whatever is missing compared with the mid-market amount is the real price of the transfer.

Keep in mind that rankings shift with the amount you send. A flat fee hurts most when the amount is small, whereas a percentage margin grows along with the amount. Try your actual amount in the calculator above to see the ranking that applies to you.

Where Norwegian Krone and Swedish Krona are used

Norwegian Krone is the money you pay with in Norway. Swedish Krona is the official currency of Sweden. This matters if you travel, shop online abroad or support someone in another country.

There are plenty of everyday reasons to convert NOK to SEK: paying suppliers, supporting relatives, buying property or simply travelling. Each situation asks for something different: a single big transfer benefits most from a sharp rate, whereas regular small amounts suffer more from flat charges.

Payout methods vary from country to country. Account formats differ: IBAN in one place, account and routing numbers in another, and in some places mobile wallets or cash collection are widely used. Check which details the provider needs before you start.

Getting the most SEK for your NOK

Judge on what arrives, not on what is advertised. A provider with a low fee can still be expensive because the margin can make up the difference. What you want to know is how much SEK arrives for your NOK, which combines margin and fee.

When you pay by card abroad, you may be asked whether to pay in NOK or in the local currency. That option is known as dynamic currency conversion, or DCC. It usually comes with a steep markup. Pick the local currency so your bank or card issuer handles the exchange.

Timing can also matter. Rates quoted on a Saturday or Sunday can include a weekend surcharge. When there is no deadline, an alert tells you when the rate hits a level you are happy with. It takes the guesswork out, but there is no guarantee the rate will get there.

Finally, look at how you pay. A credit card may be treated as a cash advance by your card issuer, while funding by bank transfer tends to keep costs down. Combining several small payments into one larger transfer means fixed charges hit you fewer times.

Recent movement in the NOK/SEK rate

Over the past twelve months, the NOK/SEK rate has changed by +13.70%. During that year the rate peaked at 1.0690 SEK for one NOK, and the low point came in at 0.911169. Today’s rate of 1.0662 sits somewhere inside that range.

The distance between the high and the low puts the movement into real terms. For a bigger amount, the moment of conversion matters in actual money, even when the fee stays the same.

Exchange rates respond to central bank policy, economic data and shifts in risk appetite. We show the figures as they are and do not make predictions. If timing matters to you, use an alert or limit order rather than a hunch.

Safety checks before you convert NOK to SEK

Make sure the provider is licensed. Look for authorisation from the FCA in the UK or the financial regulator in your own country. Regulation includes rules on keeping your money apart from the company’s own.

Check names and account details twice. Mistakes are rarely fixed quickly with transfers abroad. Unexpected changes to payment details are a classic warning sign: confirm by phone using a number you already know.

Larger transfers often come with additional questions. You may need to show proof of the source of funds, for example a contract of sale or an account statement. Some providers lower their margin on request for larger customers. A rate lock, where offered, removes uncertainty while the money is on its way.

How GoldexPay compares NOK to SEK providers

Every calculation begins with the mid-market rate of 1.0662. For each provider we apply its published fees and the margin it adds to the rate, to calculate what actually arrives in SEK. In total 9 providers are included, ranked from most to least received.

We update the rates every 30 minutes, and the date on the page shows when the data was last updated. Always check the final quote in the provider’s app or website, and it can differ slightly from our calculation.

We are not owned by any provider. Some of the links are affiliate links, which help fund our work. The order is never affected by them: the provider that delivers the most SEK comes first, whether or not we have a link to it.

What banks and apps really charge for NOK to SEK

Most providers do not convert at the mid-market rate itself. They shift the rate in their own favour and pocket the gap. This is known as the spread. With a 2% markup, for instance, for every 100 NOK you convert, about 2 NOK worth disappears before the money arrives.

On top of the margin, most banks charge an explicit fee. This is usually a flat charge per payment, a percentage of the amount 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". The cost often sits in the rate instead. The reliable test is the total amount that arrives in SEK for an identical NOK amount, which is how the table above is sorted.

Choosing a route to send SEK

A traditional bank sends your payment via the SWIFT system. Along the way one or more intermediary banks may handle it, sometimes taking a fee at each step. Delivery usually takes one to several working days, with the full cost not always known upfront.

Specialised transfer services often work differently. They hold balances in both currencies, which means your payment and the payout both happen domestically. This usually cuts both time and cost, and you see exactly what will arrive before you confirm.

How fast a transfer really is depends on more than the provider: funding method, verification and holidays in the sending and receiving country. A first transfer can take longer while identity checks are done. Finish verification in advance when a deadline is involved.