Pound to Norwegian Krone Forecast and Live Exchange Rate

The pound to norwegian krone forecast from investment banks and market pricing, with the live GBP/NOK rate, charts and daily analysis

Live Rate
1 GBP = 12.5951 NOK โ–ผ -0.2400%
High 12.6298
Low 12.5817
Open 12.6256
Prev. Close 12.6257
One Week
+0.19%
12.6304 H · 12.4894 L
One Month
-0.77%
12.6751 H · 12.4375 L
One Year
-7.77%
13.6142 H · 12.3337 L
Best Transfer Rate
12.5510
GBP/NOK Currency Converter

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Rate: 1 GBP = 12.5951 NOK  ·  Compare specialist providers →
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Updated

What's Driving GBP/NOK

  • ๐Ÿ‡ณ๐Ÿ‡ด Pound Sterling Live expects GBP/NOK's downtrend to reach the May low at 12.3627 by late September or early October
  • GBP/NOK opened the week of 8 September near 12.54, well beneath a falling 21-day moving average at 12.69
  • GBP/NOK has fallen from the July peak at 13.20 to near 12.54, a decline of about 5% in ten weeks
  • GBP/NOK's 21-day has capped every rally since that peak, which makes it the level a recovery has to clear
  • 12.3627 is the May low and the first drawn support beneath the market
  • A weekly close back above the 21-day at 12.69 would be the first sign the decline is stalling
  • Brown Brothers Harriman describes Norway's attractive carry as a key tailwind for NOK
  • Carry is the return an investor earns holding a higher yielding currency against a lower yielding one, and Norway's policy rate leaves NOK on the favourable side of that trade
  • Rising oil prices are a second tailwind, with Brent near $100 lifting the terms of trade of an energy exporter
  • Medium-term: while carry and oil both favour NOK, rallies in GBP/NOK stay corrective until one closes above the falling 21-day

For the latest analysis visit the News Hub โ†’

GBP/NOK Forward Forecasts
One Week12.6404
One Month12.6983
Three Months12.8152
Six Months12.9309
One Year13.0017
Forward-point forecasts based on market pricing. Not investment advice. For bank and analyst consensus, see the GBP/NOK Forecast page.
See the full GBP/NOK forecast →
Daily Pound to Norwegian Krone Statistics
Select month:
DateOpenCloseHighLowMid
Tue 22 Sep12.625612.595112.629812.581712.6104
Mon 21 Sep12.606012.625712.630412.489412.6159
Fri 18 Sep12.587112.602512.661412.548912.5948
Thu 17 Sep12.617312.587112.644112.567412.6022
Wed 16 Sep12.589612.617312.620612.493412.6035
Tue 15 Sep12.597212.589612.610012.541512.5934
Mon 14 Sep12.529412.597112.612512.525512.5633
Fri 11 Sep12.532912.566012.584612.524912.5495
Thu 10 Sep12.458112.533012.562512.456012.4956
Wed 9 Sep12.490812.458112.499212.437512.4745
Tue 8 Sep12.547112.490712.564512.482412.5189
Mon 7 Sep12.568912.547112.594012.540512.5580
Fri 4 Sep12.566712.580412.595312.551512.5736
Thu 3 Sep12.565312.566712.588512.547712.5660
Wed 2 Sep12.608712.565212.675112.560412.5870
Tue 1 Sep12.661312.608812.668712.597212.6351
Mon 31 Aug12.678412.661212.695612.643412.6698
Fri 28 Aug12.672412.691012.718812.625912.6817
Thu 27 Aug12.714212.671912.730812.645012.6931
Wed 26 Aug12.712312.714112.746212.689012.7132
Tue 25 Aug12.688812.712212.746512.660012.7005
Mon 24 Aug12.664712.688912.729712.629412.6768
Fri 21 Aug12.740612.691012.752512.655412.7158
Thu 20 Aug12.693712.740612.762212.669912.7172
Wed 19 Aug12.740212.693812.758812.686512.7170
Tue 18 Aug12.761312.740212.778412.725812.7508
Mon 17 Aug12.826012.761412.832712.743512.7937
Fri 14 Aug12.830012.782312.842412.774012.8062
Thu 13 Aug12.816212.830112.866112.774112.8232
Wed 12 Aug12.821212.816212.865812.784212.8187
Tue 11 Aug12.832012.821212.902512.789812.8266
Mon 10 Aug13.050612.832013.050612.804812.9413
Fri 7 Aug12.837512.833512.846812.776212.8355
Thu 6 Aug12.834212.837512.869212.804312.8359
Wed 5 Aug12.835312.834212.846412.797812.8348
Tue 4 Aug12.820612.835312.879012.777912.8280
Mon 3 Aug12.926212.820812.926212.738712.8735
Fri 31 Jul12.832712.769012.996812.757012.8009
Thu 30 Jul12.820912.832712.858412.791512.8268
Wed 29 Jul12.878412.820912.994112.804212.8497
Tue 28 Jul12.843112.877812.907012.822412.8605
Mon 27 Jul12.768212.843212.893012.759212.8057
Fri 24 Jul12.800612.762712.927812.746112.7817
Thu 23 Jul12.831512.800612.851312.792312.8161
Wed 22 Jul12.893012.831612.896712.822412.8623
Tue 21 Jul12.993112.893613.006112.871012.9434
Mon 20 Jul13.190312.993013.193812.947313.0917
Fri 17 Jul13.043012.978513.048712.954913.0108
Thu 16 Jul13.070513.043013.098013.027013.0568
Wed 15 Jul12.978613.070513.085012.950013.0246
Tue 14 Jul13.071412.978713.122812.934913.0251
Mon 13 Jul13.063613.071313.103013.052913.0675
Fri 10 Jul13.040213.107713.113613.020513.0740
Thu 9 Jul13.079513.040413.126013.010913.0600
Wed 8 Jul13.098213.079813.130813.020613.0890
Tue 7 Jul13.101913.098313.133113.084213.1001
Mon 6 Jul13.104213.101813.154313.095113.1030
Fri 3 Jul13.142913.142113.158713.095813.1425
Thu 2 Jul13.161413.142613.202513.131713.1520
Wed 1 Jul13.132613.161313.180713.130113.1470
Tue 30 Jun13.162913.132613.187713.105413.1478
Mon 29 Jun13.123413.162813.180513.093413.1431
Fri 26 Jun13.010013.107713.127812.981013.0589
Thu 25 Jun12.972013.010013.046312.941312.9910
Wed 24 Jun12.926212.973212.987612.890212.9497
Tue 23 Jun12.842612.926112.941212.830112.8844
Mon 22 Jun12.802812.842512.850712.778412.8227
Fri 19 Jun12.851912.823312.880212.804812.8376
Thu 18 Jun12.783012.851912.875712.746812.8175
Wed 17 Jun12.731912.783012.797912.705512.7575
Tue 16 Jun12.792212.732012.819512.721612.7621
Mon 15 Jun12.777412.792212.808912.746712.7848
Fri 12 Jun12.728512.756212.817412.683012.7424
Thu 11 Jun12.661912.728512.737512.642012.6952
Wed 10 Jun12.725812.661812.756512.633212.6938
Tue 9 Jun12.639912.726212.739012.584712.6831
Mon 8 Jun12.588312.640012.652612.543712.6142
Fri 5 Jun12.542012.622312.642212.522012.5822
Thu 4 Jun12.511312.542012.554212.445312.5267
Wed 3 Jun12.506912.511312.531912.467712.5091
Tue 2 Jun12.483812.507412.513412.472412.4956
Mon 1 Jun12.455412.484012.506012.426212.4697
Fri 29 May12.439612.446312.467112.385712.4430
Thu 28 May12.462012.439712.462512.419712.4509
Wed 27 May12.460912.462112.508612.443812.4615
Tue 26 May12.483212.460912.506212.452812.4721
Mon 25 May12.406212.483112.497612.361012.4447
Fri 22 May12.412312.454112.469412.396912.4332
Thu 21 May12.440412.412512.485012.375212.4265
Wed 20 May12.420912.440212.499112.416712.4306
Tue 19 May12.434012.421012.460312.383812.4275
Mon 18 May12.729912.433712.729912.393712.5818
Fri 15 May12.376612.406712.479812.333712.3917
Thu 14 May12.403712.376712.494512.362712.3902
Wed 13 May12.432412.403812.454212.375812.4181
Tue 12 May12.497212.432212.513712.371212.4647
Mon 11 May12.510212.497112.543412.482412.5037
Fri 8 May12.621912.554012.633912.498712.5880
Thu 7 May12.642012.621912.673012.540912.6320
Wed 6 May12.533512.642112.667012.506812.5878
Tue 5 May12.553212.532512.566612.507912.5429
Mon 4 May12.600012.553512.628112.528712.5768
Fri 1 May12.601912.617212.683512.586912.6096
Thu 30 Apr12.582812.601212.647412.549412.5920
Wed 29 Apr12.600812.582812.637912.527512.5918
Tue 28 Apr12.579412.601312.611112.536512.5904
Mon 27 Apr12.620312.579412.659412.528512.5999
Fri 24 Apr12.585912.608612.633312.560812.5973
Thu 23 Apr12.563512.586112.630712.516512.5748
Wed 22 Apr12.610412.563412.731512.518812.5869
Tue 21 Apr12.614912.610412.629512.587112.6127
Mon 20 Apr12.697112.615312.697112.594012.6562
Fri 17 Apr12.667812.673912.756112.629212.6709
Thu 16 Apr12.734012.667712.807712.661312.7009
Wed 15 Apr12.821012.733912.848612.729712.7775
Tue 14 Apr12.764012.820912.833512.748812.7925
Mon 13 Apr12.794312.764012.828512.718112.7792
Fri 10 Apr12.762512.821912.823112.736612.7922
Thu 9 Apr12.822112.762912.846112.736812.7925
Wed 8 Apr12.803912.821812.902112.798612.8129
Tue 7 Apr12.853412.803812.879612.757212.8286
Mon 6 Apr12.891712.853512.923012.839312.8726
Fri 3 Apr12.871712.900012.930412.811512.8859
Thu 2 Apr12.930412.871712.949512.844912.9011
Wed 1 Apr12.812512.930912.956512.786712.8717
Tue 31 Mar12.851512.812312.964312.803312.8319
Mon 30 Mar12.931712.851612.979912.846012.8917
Fri 27 Mar12.926412.928812.969112.852712.9276
Thu 26 Mar12.956212.926513.027712.837212.9414
Wed 25 Mar13.002612.956313.064712.943612.9795
Tue 24 Mar13.076013.002613.128112.943213.0393
Mon 23 Mar12.757013.076113.102412.734912.9166
Fri 20 Mar12.738612.760712.789812.726112.7497
Thu 19 Mar12.744112.738512.766212.656212.7413
Wed 18 Mar12.795312.744112.827612.733112.7697
Tue 17 Mar12.884712.795412.896212.788212.8401
Mon 16 Mar12.920612.884512.946612.871812.9026
Fri 13 Mar12.952912.919212.971912.876712.9361
Thu 12 Mar12.945512.952812.968112.904212.9492
Wed 11 Mar12.934112.945812.965112.893512.9400
Tue 10 Mar12.887312.934312.988512.869812.9108
Mon 9 Mar12.872712.887612.935012.806412.8802
Fri 6 Mar12.933712.857112.934112.828912.8954
Thu 5 Mar12.877812.934012.944612.851112.9059
Wed 4 Mar12.919212.877712.945312.862712.8985
Tue 3 Mar12.843212.919112.984312.774312.8812
Mon 2 Mar12.797612.843312.876612.692112.8205
Fri 27 Feb12.885412.827012.897512.775212.8562
Thu 26 Feb12.939812.885512.979412.871812.9127
Wed 25 Feb12.909212.938912.991712.881612.9241
Tue 24 Feb12.923012.909012.944012.878912.9160
Mon 23 Feb12.856912.923112.927712.832612.8900
Fri 20 Feb12.872912.840312.916312.833712.8566
Thu 19 Feb12.866412.872612.904312.826212.8695
Wed 18 Feb12.934212.866012.959612.845012.9001
Tue 17 Feb12.952812.934412.975812.885612.9436
Mon 16 Feb13.001612.952913.008012.935712.9773
Fri 13 Feb12.988112.981913.024412.938612.9850
Thu 12 Feb12.929012.987713.007012.880212.9584
Wed 11 Feb12.991312.929013.013112.913512.9602
Tue 10 Feb13.116312.990513.140512.977513.0534
Mon 9 Feb13.149613.116313.242213.068413.1330
Fri 6 Feb13.272313.177313.297113.145313.2248
Thu 5 Feb13.202113.272313.277713.117713.2372
Wed 4 Feb13.186913.202213.264113.177513.1946
Tue 3 Feb13.260713.187113.381513.174113.2239
Mon 2 Feb13.196713.260713.283113.180813.2287
Fri 30 Jan13.170613.189013.262013.126513.1798
Thu 29 Jan13.251013.170613.262013.130413.2108
Wed 28 Jan13.267713.251013.289913.226913.2594
Tue 27 Jan13.365613.268413.397713.234113.3170
Mon 26 Jan13.297613.365313.391913.288013.3315
Fri 23 Jan13.309613.326713.355313.276513.3182
Thu 22 Jan13.376713.309513.387813.235213.3431
Wed 21 Jan13.432113.376613.444213.300813.4044
Tue 20 Jan13.503113.432213.518513.415013.4677
Mon 19 Jan13.493513.502613.545813.483413.4981
Fri 16 Jan13.531113.505313.548013.495313.5182
Thu 15 Jan13.519413.531113.554213.500513.5253
Wed 14 Jan13.545813.519513.586813.495513.5327
Tue 13 Jan13.553013.545913.597913.537113.5495
Mon 12 Jan13.527713.553013.570413.511513.5404
Fri 9 Jan13.551913.534013.589213.501313.5430
Thu 8 Jan13.570313.551913.614213.538213.5611
Wed 7 Jan13.570013.569713.605213.547313.5699
Tue 6 Jan13.583113.570013.592913.537313.5766
Mon 5 Jan13.563913.583113.609913.530413.5735
Fri 2 Jan13.566813.546713.582813.528913.5568
Thu 1 Jan13.564313.564313.564313.564313.5643
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GBP/NOK Forward Curve · Market Implied Expectations

Pound to Norwegian Krone Forecast: 12.815 in Three Months

These predictions are based on the forward points being traded in currency markets. These contracts are widely used by businesses, investors, and financial institutions for hedging or speculative purposes. The pricing of forwards provides valuable insights into market expectations for the future direction of currency pairs.

In one month the Pound-Norwegian Krone exchange rate is forecast to be at 12.698, according to market-implied pricing. In three months, the rate is expected to be at 12.815. In six months the projected rate is at 12.931. In one year the rate is expected to be at 13.002.

Short-term Bullish
Medium-term Bullish
Long-term Bullish
3-Month implied 12.815
Market Implied Expectations: GBP/NOK · 22 Sep 2026
Investment Bank Research
GBP/NOK Bank Forecast Consensus

Quarterly GBP/NOK targets from Goldman Sachs, Barclays, JP Morgan, Deutsche Bank, ING and more โ€” updated weekly.

Bear case
X.XXXX
Consensus
X.XXXX
Bull case
X.XXXX
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Disclaimer: All forecasts sourced from published research by investment banks and independent analysts. They represent forward-looking opinions subject to revision without notice. Pound Sterling Live does not endorse any forecast and accepts no liability for decisions made on the basis of these projections. This page does not constitute investment advice.