NOK to NGN - Convert Norwegian Krone to Nigerian Naira

Convert NOK to NGN using our currency converter with real exchange rate today

1 NOK = 149.627 NGN

1 NGN = 0.007 NOK

(Mid-market exchange rate)

Last updated Jul 22, 2024 10:47 GMT

NOK to NGN conversion chart

Below is the live and historical Norwegian Krone to Nigerian Naira rate chart so you can see today's rate - and how the rates have changed over time.

1 NOK = 149.627 NGN


1,000 Norwegian Krone to Nigerian Naira stats | NOK to NGN

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 153.752 153.752 150.863 153.861 153.752
Low 147.265 141.56 104.332 68.162 141.56
Average 149.305 146.05 138.001 104.715 146.05
Volatility 4.4% 8.61% 44.6% 125.73% 8.61%

What is the Norwegian Krone worth against the Nigerian Naira today?

1 NOK is worth 149.627 NGN today

How much is 1,000 NOK worth in NGN?

At the current exchange rate of 149.627 , a sum of 1,000 Norwegian Krone is worth 149,627 Nigerian Naira.

Which currency is stronger? NOK or NGN?

The Norwegian Krone is currently stronger than the Nigerian Naira given that 1 NOK is equal to 149.627 NGN. Conversely, 1 NGN is worth 0.007 NOK.

Overview of NOK to NGN Performance and Trends

Today, to buy 1,000 Norwegian Krone, you need 149,627 Nigerian Naira. On the same date last year, you needed 78,593 Nigerian Naira for 1,000 Norwegian Krone. This change indicates that the Norwegian Krone has become stronger against the Nigerian Naira by 89.84% over the past year.

The pair experienced high volatility of 125.73%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

NOK to NGN Currency Performance and Volatility

Last 7 Days

  • Performance: kr1,000 varied between ₦147.265 (weekly low) and ₦153.752 (weekly high), a variance of ₦6.487 .
  • Volatility: Fluctuated by 4.4%.

Last 30 Days

  • Performance: kr1,000 varied between ₦141.56 (30-day low) to ₦153.752 (30-day high), a variance of ₦12.192 .
  • Volatility: Fluctuated by 8.61%.

Last 90 Days

  • Performance: kr1,000 varied between ₦104.332 (90-day low) to ₦150.863 (90-day high), a variance of ₦46.531 .
  • Volatility: Fluctuated by 44.6%.

Last Year

  • Performance: kr1,000 ranged from ₦68.162 (yearly low) to ₦153.861 (yearly high), a variance of ₦85.699 .
  • Volatility: Fluctuated by 125.73%.

NOK to NGN Forecast and trending

Is the Norwegian Krone going up or down against the Nigerian Naira?

Today's NOK to NGN exchange rate (149.235) is higher compared to yesterday's rate (149.203).

Currency information

NOK - Norwegian Krone

The currency code for Norwegian Krone is NOK.

The NOK currency symbol is kr.

Minor unit: 1/100 = Øre

NOK rank by most traded currencies: 13

Avg proportion of daily world trade volume: 0.85%

NOK rank by strongest currencies (buying power): 53

The Norwegian Krone is the currency of 2 countries:
Norway, Svalbard

More Norwegian Krone (NOK) information >

NGN - Nigerian Naira

The currency code for Nigerian Naira is NGN.

The NGN currency symbol is ₦.

Minor unit: 1/100 = Kobo

NGN rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

NGN rank by strongest currencies (buying power): 121

The Nigerian Naira is the currency of 1 countries:

More Nigerian Naira (NGN) information >

Understanding NOK to NGN Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Norwegian Krone to Nigerian Naira, to send a payment, for a trip overseas, when shopping online or to hold a balance in Nigerian Naira.

How to convert NOK to NGN?

You can convert Norwegian Krone to Nigerian Naira either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Nigerian Naira in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Norwegian Krone cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Nigerian Naira in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Norwegian Krone you want to send, or the amount in Nigerian Naira you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Nigerian Naira

How to get the best NOK to NGN exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best NOK to NGN exchange rate for your specific transaction.

Get to know the NOK/NGN mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the NOK/NGN mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Norwegian Krone and Nigerian Naira. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Norwegian Krone with Nigerian Naira?

You'll be able to exchange Nigerian Naira to Norwegian Krone in the same way as you'd exchange Norwegian Krone to Nigerian Naira. If you have Nigerian Naira in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Nigerian Naira. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Norwegian Krone in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange NOK to NGN?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Norwegian Krone to Nigerian Naira (NOK to NGN)

How much is the Norwegian Krone to Nigerian Naira?

The Norwegian Krone to Nigerian Naira exchange rate today is 149.627 . Use this guide to learn more about exchanging NOK to NGN in the easiest and best value way for your specific needs.

How much is 1,000 Norwegian Krone to the Nigerian Naira?

The NOK to NGN rate today is 149.627 . That means that 1,000 Norwegian Krone would be worth 149,627 Nigerian Naira.

How to exchange Norwegian Krone to Nigerian Naira?

Exchange NOK to NGN in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including NOK to NGN.

How to send money to Nigeria?

If you want to send money from Norway - or anywhere else in the world - to Nigeria, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Nigeria - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Nigerian Naira and Norwegian Krone on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Norwegian Krone to Nigerian Naira exchange rate with our handy tools, to help you compare your options.

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