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INR to NOK: Indian Rupee to Norwegian Krone

Live INR to NOK exchange rate today - 1 INR equals 0.0984 NOK, with an instant two-way converter for Indian Rupee to Norwegian Krone.

Today's INR to NOK Exchange Rate

1 INR = 0.098380 NOK

1 NOK = 10.1647 INR

Updated: September 4, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.0984 Norwegian Krone

Last updated: September 4, 2026

This INR to NOK rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Norwegian Krone (NOK) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is NOK (Norwegian Krone)?

A free-floating, oil-linked currency - Norway is a major oil and gas exporter, so NOK often tracks energy prices, and Norway isn't an EU member so it has no euro peg the way Denmark does.

Key Facts

  • ISO code: NOK
  • Symbol: kr
  • Subunit: 100 \xC3\xB8re = 1 krone
  • Issued by: Norges Bank (Central Bank of Norway)

Why Does the INR/NOK Exchange Rate Change?

The INR/NOK rate moves every trading day, driven mainly by:

  • Norges Bank interest rate decisions.
  • Crude oil and natural gas prices - Norway is a major oil and gas exporter, so NOK often tracks energy prices closely, more so than most other developed-market currencies.
  • Norway's sovereign wealth fund activity, one of the largest in the world, funded by oil revenue.
  • Global risk sentiment, since NOK (like other commodity currencies) can weaken during risk-off periods.
  • India-Norway trade, including shipping, energy and seafood sector ties.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Is the Norwegian Krone pegged to the Euro like the Danish Krone?

No. Norway isn't an EU member, so it has no ERM II obligation and no peg - NOK floats freely, managed by Norges Bank, and tends to track oil and gas prices given Norway's status as a major energy exporter.

Why is Norway's currency linked to oil prices?

Norway is one of the world's larger oil and gas exporters relative to the size of its economy, so global energy prices flow fairly directly into the country's export revenue and, through that, into demand for the krone.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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