1 NGN to NOK - Convert Nigerian Naira to Norwegian Krone

Looking at the 30-day window, the NGN/NOK pair traded in a range of 0.006600 to 0.007000. The monthly average was 0.006754 with 1.71% volatility. This downward movement of 3.1% suggests significant momentum in the NGN/NOK exchange rate.

The current mid-market exchange rate is 1 NGN = 0.006986 NOK, updated as of June 13, 2026, 5:18 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Nigerian Naira to Norwegian Krone Exchange Rate

The NGN/NOK exchange rate tells you how many Norwegian Krone (NOK) you receive for every Nigerian Naira (NGN). At the current mid-market rate of 1 NGN = 0.006986 NOK, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the NGN to NOK Rate

Exchange rates between Nigerian Naira and Norwegian Krone are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the NGN/NOK rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from NGN to NOK

International money transfers from Nigerian Naira to Norwegian Krone can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Nigerian Naira Overview

The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's largest economy. Oil exports, remittances, and the recent rate unification have shaped the naira's evolving exchange rate regime. Understanding the fundamentals behind NGN helps contextualize its exchange rate movements against NOK and other currencies.

Norwegian Krone Overview

The Norwegian Krone (NOK) is the official currency of Norway. Closely tied to Brent crude oil prices, it reflects the economy of a nation with a $1.7 trillion sovereign wealth fund. The NOK exchange rate against NGN reflects relative economic conditions between the two currency areas.