EUR to NOK in 2025: the year in numbers
Updated September 26, 2026
The euro averaged 11.717 Norwegian kroner in 2025, based on 255 ECB reference rates, 0.76% above the 2024 average of 11.629. The euro ended the year at 11.843, 1.07% above the first fixing of 11.717. Those calm headline numbers hide the most dramatic week of the year: in early April the euro went from its annual low of 11.274 on April 2 to its annual high of 12.12 on April 9.
The April week
Within five business days, the full range of the year was covered. The krone was at its strongest on April 2 and at its weakest on April 9. By the end of April the rate had calmed to 11.809.
The krone is sensitive to global risk sentiment and to oil prices. In periods of market stress, investors tend to sell smaller currencies such as the krone, and they buy them back when calm returns. April 2025 was a textbook example.
The rest of the year
Outside April, EUR/NOK moved in a band:
- January to March: the krone gained steadily, with monthly averages falling from 11.746 to 11.547.
- May and June: after the April shock, averages returned to 11.597 and 11.584.
- July and August: the euro rose again, to the highest monthly averages outside April, 11.854 and 11.865.
- September and October: the krone recovered, with averages of 11.67 and 11.663.
- November and December: the euro climbed once more, and December averaged 11.843, the same level as the year-end fixing.
Monthly EUR/NOK figures for 2025
| Month | Average | Low | High | Last rate |
|---|---|---|---|---|
| January | 11.746 | 11.697 | 11.817 | 11.737 |
| February | 11.657 | 11.575 | 11.725 | 11.725 |
| March | 11.547 | 11.294 | 11.82 | 11.413 |
| April | 11.838 | 11.274 | 12.12 | 11.809 |
| May | 11.597 | 11.484 | 11.789 | 11.541 |
| June | 11.584 | 11.418 | 11.835 | 11.835 |
| July | 11.854 | 11.774 | 11.967 | 11.774 |
| August | 11.865 | 11.746 | 11.954 | 11.746 |
| September | 11.67 | 11.556 | 11.753 | 11.726 |
| October | 11.663 | 11.583 | 11.773 | 11.649 |
| November | 11.74 | 11.648 | 11.848 | 11.764 |
| December | 11.843 | 11.755 | 11.986 | 11.843 |
What the table tells a Norwegian reader
Monthly ranges varied a lot. April stood out with a range of almost a whole krone. March was also wide, from 11.294 to 11.82. Other months, such as January and November, moved much less.
Several months closed at an extreme. February and June closed at their monthly high, while July and August closed at their monthly low. For month-end revaluation, the closing rate can differ noticeably from the monthly average.
The yearly average is a fair summary. Unlike years with a strong trend, 2025 ended close to where it began, and the average of 11.717 sits in the middle of most months.
Practical consequences
Travel. Norwegians visiting the euro area paid roughly the same in kroner as in 2024. The worst week to buy euros was in early April.
Business. Norwegian exporters of seafood, metals and machinery sell a large share to the euro area. The April spike briefly boosted their revenue in kroner. Importers paying in euros faced the opposite effect that week.
Accounting. Where ECB rates are accepted, use 11.717 for income items and 11.843 for year-end balances. Norwegian companies often follow Norges Bank's rates, so check your policy.
What to do
- Browse all months on EUR/NOK in 2025: monthly table.
- Compare the start and end of the year on EUR/NOK in January 2025 and EUR/NOK in December 2025.
- Check the EUR to NOK exchange rate today before large payments.
- For large euro conversions, spread them across several days, since a single week can move the rate as much as April 2025 did.
Questions and answers
What was the average EUR to NOK rate in 2025?
The euro averaged 11.717 Norwegian kroner in 2025, across 255 ECB reference rates, 0.76% above 2024.
What were the high and low of EUR/NOK in 2025?
The low was 11.274 on April 2 and the high 12.12 on April 9, 2025, one week apart.
Did the euro end 2025 higher against the krone?
Slightly. It moved from 11.717 on the first fixing to 11.843 on the last, a rise of 1.07%.