SEK to NOK

Swedish Krona to Norwegian Krone: what you are looking at

This page brings together the rate for Swedish Krona (SEK) and Norwegian Krone (NOK) and compares it with the cost of an actual conversion at a range of providers. At the latest update on October 30, 2026, 1 SEK equals 0.937868 NOK, while 1 NOK comes to 1.0662 SEK.

That headline number is the mid-market rate, sometimes called the interbank rate. It is calculated as the middle of what wholesale traders pay for SEK 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 comes down to two separate costs: the margin a provider adds to that rate and any fixed or percentage fee. In the sections below we explain how those costs work, show how they add up on a real amount and give concrete ways to get closer to the mid-market rate when you swap Swedish Krona for Norwegian Krone.

Larger transfers: what to check first

Make sure the provider is licensed. Look for authorisation from the FCA in the UK or the financial regulator in your own country. Regulated firms have to safeguard client funds and that offers protection if the company fails.

Double-check the recipient details before you confirm. Mistakes are rarely fixed quickly with transfers abroad. 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. Providers may ask for proof of where the money comes from, like a statement or a sales contract. For big amounts it can pay to ask for a better rate. Ask whether you can fix the rate in advance.

How GoldexPay compares SEK to NOK providers

We start from the live mid-market rate for SEK/NOK. We then apply each provider’s published fees and exchange rate margin, and work out how much NOK the recipient would end up with. The comparison covers 9 providers, so you can see the differences at a glance.

Rates are refreshed 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, because their rate can move between our updates, especially when markets are busy.

We are not owned by any provider. Some links on this page are affiliate links. The order is never affected by them: providers are sorted purely by how much NOK the recipient gets.

10,000.00 SEK to NOK, step by step

Take a transfer of 10,000.00 SEK. At the mid-market rate of 0.937868, you can work out the upper limit of what is possible on the NOK side. In reality every provider keeps something, because margins and fees come off first.

Of the 9 providers we compared, Wise delivered the most, with 9,332.32 NOK at the time of our last update. Whatever is missing compared with the mid-market amount shows the true cost, fees and margin combined.

Note that the cheapest provider for 10,000.00 SEK is not automatically the cheapest for every amount. Fixed fees weigh heavily on small sums, while a percentage margin grows along with the amount. Enter your own amount in the converter and check whether the order changes.

SWIFT versus local payout for SEK to NOK

A traditional bank sends your payment over the SWIFT network. Your transfer may hop between several banks before it arrives, each of which can deduct a charge. Delivery usually takes one to several working days, with the full cost not always known upfront.

Dedicated providers take another route. They keep money in accounts in both regions, which means your payment and the payout both happen domestically. This usually cuts both time and cost, with the final NOK amount fixed upfront.

Speed is not down to the provider alone: funding method, verification and holidays in the sending and receiving country. The very first payment may be slower while identity checks are done. Get verified before you need to send if timing is tight.

The countries behind SEK and NOK

Swedish Krona is the currency of Sweden. Norwegian Krone is the official currency of Norway. This matters for anyone who earns in one of these currencies and spends in the other.

There are plenty of everyday reasons to convert SEK to NOK: moving abroad, studying, doing business or sending a gift. What suits one case may not suit another: a one-off large payment calls for the best rate, whereas frequent smaller payments are more sensitive to fixed fees.

Payout methods vary from country to country. Depending on the country, you need an IBAN, a local account number or a mobile wallet, and in some places payout to a mobile wallet is the norm. Have the recipient’s full details ready before you begin.

Paying less when you change SEK into NOK

Look at the final amount, not just the fee. A low headline fee proves nothing because the margin can make up the difference. What you want to know is how much NOK arrives for your SEK, and that already includes both margin and fee.

When you pay by card abroad, a terminal may offer to charge you in your home currency. The trade name for this is dynamic currency conversion. The rate used is usually poor. Choose the local currency and let your own card provider do the conversion.

Watch the timing as well. Some providers widen their margin at weekends, when currency markets are closed. When there is no deadline, an alert tells you when the rate hits a level you are happy with. That avoids guessing, though the target may never be reached.

Also check how you fund the transfer. A credit card may be treated as a cash advance by your card issuer, and funding by bank transfer tends to keep costs down. Bundling smaller transfers reduces what you pay in flat fees.

What banks and apps really charge for SEK to NOK

The majority of services do not convert at the rate of 0.937868 as such. Instead they offer a rate that is a little less favourable and pocket the gap. That gap is called the exchange rate margin. A markup of 2%, for example, means that for every 100 SEK you convert, about 2 SEK worth disappears before the money arrives.

On top of the margin, a lot of services ask for a separate fee. That can be a fixed amount per transfer, a percentage of the amount or a mix of both. With international bank payments the receiving or intermediary bank sometimes deducts a charge too, and those only show up at the end.

Look twice at offers that say "no fees" or "0% commission". Free usually means the price is built into the exchange rate. The reliable test is how much NOK the recipient ends up with for exactly the same sum, and that is the figure our table ranks on.

Recent movement in the SEK/NOK rate

Across the last year, the price of SEK in NOK has changed by -12.05%. In that period the top of the range was 1.0975 NOK for one SEK, while the bottom of the range was 0.935452. Today’s rate of 0.937868 can be measured against those two levels.

The spread between the year’s extremes shows how much the rate can move in practice. For a bigger amount, the moment you choose can make a noticeable difference to what arrives, sometimes more than the choice of provider.

Exchange rates respond to news, economic data and supply and demand on the market. These figures describe the past and say nothing about what comes next. If timing matters to you, use an alert or limit order rather than a hunch.