EUR/NOK Forecast Currency Rate - Euro/Norwegian Krone Prediction







Trending Themes

Top 5 Coins for the Maximum Passive Income from Staking by 2024

February 5, 2025 Top 5 Coins for the Maximum Passive Income from Staking by 2024

Staking is one of the ways that is now being used as a secure and profitable way to earn money without doing anything…
Trading Stocks With AI: A Modern Approach

January 21, 2025 Trading Stocks With AI: A Modern Approach

The stock market can feel overwhelming, especially with its constant ups and downs. Trading stocks with AI is revolutionizing how investors analyze trends,…
Bitcoin Is Great, but Here Are 3 Altcoins Worth Considering in 2025

January 21, 2025 Bitcoin Is Great, but Here Are 3 Altcoins Worth Considering in 2025

The launch of spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) in January 2025 marked a turning point in the cryptocurrency market. These ETFs…
Advanced Charting Tools For Traders

January 1, 2025 Advanced Charting Tools For Traders

Ever tried deciphering market trends with the intensity of a detective peering over cryptic clues? Enter the realm of Advanced Charting, where complex…
Why Is Trading Important?

December 21, 2024 Why Is Trading Important?

Trade isn’t just figures on a spreadsheet; it’s the pulse of our global community. In 2018, the United States faced a staggering $621…

Euro to Norwegian Krone (EUR/NOK) Forecast for 2025, 2026, 2027

Updated: February 6, 2025 (11:37)

Reverse forecast: NOK to EUR


Euro / Krone price online today

Now Tomorrow 7 Days 30 Days
100 Euro (EUR) to Krone (NOK) 1161.3 1159.3 1166.4
200 Euro (EUR) to Krone (NOK) 2322.6 2318.6 2332.7
500 Euro (EUR) to Krone (NOK) 5806.6 5796.6 5831.8
1000 Euro (EUR) to Krone (NOK) 11613.1 11593.2 11663.5
3000 Euro (EUR) to Krone (NOK) 34839.3 34779.6 34990.5

How much will the EUR/NOK currency pair cost in 2025, 2026 and 2027? What is the forecast for the EUR/NOK currency pair? What is the target price of the Euro / Krone currency pair for 2025-2027?

We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Euro rise or fall against the Krone?

Identifying the trend of the EUR/NOK currency pair

The EUR-NOK exchange rate is poised to experience a mixed trajectory influenced by diverse updates related to the European financial landscape. Notably, the European Central Bank's momentum towards the digital euro adoption, supported by geopolitical dynamics in the cryptocurrency domain, lends a somewhat bullish outlook to the EUR. This suggests heightened confidence in the eurozone's competitive positioning within global digital finance.

Additionally, the release of positive financial results by OP Mortgage Bank, coupled with the expansion of fixed income ETF offerings by Abrdn and JPMorgan, signals robust investment flows into Europe. These developments could bolster the EUR as investor sentiment reflects optimism around financial stability and capital inflows.

Conversely, concerns arising from the Nykredit Realkredit Euro Medium Term Note Programme indicate possible downside risks, fostering a bearish sentiment on the EUR. This highlights market apprehensions surrounding potential vulnerabilities within European credit instruments, potentially tempering the EUR's strength.

Overall, investors should anticipate short-term fluctuations in the EUR-NOK exchange rate. While constructive initiatives in the eurozone are expected to support the EUR, market vigilance is essential as uncertainties from the credit segment could pose challenges. Cautious optimism remains key in navigating these developments.



EUR Trend Prediction

As of now, Panda has analyzed 41 news pieces concerning the EUR currency. The average relevance score for these news items is 0.41 (with the closer to 1 being more relevant).
2025-02-06
Bullish Impact: 0.22 News: 3 (3/0/0)
2025-02-05
Bullish Impact: 0.04 News: 2 (1/0/1)
2025-02-04
Bullish Impact: 0.23 News: 2 (1/1/0)
2025-02-03
Bullish Impact: 0.09 News: 2 (1/1/0)
2025-01-31
Bullish Impact: 0.03 News: 2 (1/0/1)
2025-01-30
Bullish Impact: 0.39 News: 1 (1/0/0)
2025-01-28
Bullish Impact: 0.2 News: 1 (1/0/0)
*A higher impact value approaching 1 (for Bullish) or -1 (for Bearish) indicates a stronger significance on the trend.

Details on Voting Rights and Shares for Klépierre SA as of January 31, 2025

February 6, 2025 (16:45)
Trend: Somewhat-Bullish
Influence: 0.16
The update on Klépierre's total voting rights and shares has been received with moderate positivity, which likely reflects investor confidence in the stability and governance of European equities. This sentiment appears to have a somewhat bullish effect on the EUR, as it may signal strength and optimism in the regional financial markets.

Trump's Crypto Endorsement May Accelerate Digital Euro Adoption: ECB Perspective

February 6, 2025 (12:27)
Trend: Somewhat-Bullish
Influence: 0.29
This news highlights the increased momentum toward the approval of a digital euro, driven by geopolitical competition in digital currencies. The EUR exchange rate is expected to strengthen slightly as the anticipated launch of the digital euro could enhance the European Union's position in global financial markets.
This chart provides a comparative trend analysis of sentiment scores over time for EUR and NOK currencies, displaying their respective news coverage and associated sentiment. By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.

Historical and forecast chart of the Euro/Krone currency pair

The chart below shows the historical quotes of the EUR/NOK pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Euro/Krone rate can be found in the table below.

Long-term forecasts by years.

EUR Main News

OP Mortgage Bank Releases Annual Financial Statements Bulletin for 2024

February 6, 2025 (08:00)
Trend: Somewhat-Bullish
Influence: 0.23
The financial statements released by OP Mortgage Bank suggest steady or improved financial performance, leading to a more positive market outlook. This has likely contributed to slightly increased confidence in the EUR, as evidenced by the somewhat-bullish sentiment.

Nykredit Realkredit A/S Releases Supplement No. 5 for Euro Medium Term Note Programme

February 5, 2025 (10:10)
Trend: Bearish
Influence: -0.38
The bearish sentiment surrounding the EUR may be tied to concerns arising from the publication of Nykredit Realkredit A/S's latest supplement to their Euro Medium Term Note Programme. Such developments could signal risks or uncertainties related to the European financial markets, potentially weakening investor confidence in the EUR.

Abrdn and JPMorgan Expand European Active Fixed Income ETF Offerings

February 5, 2025 (05:00)
Trend: Bullish
Influence: 0.45
The expansion of European active fixed income ETF offerings by Abrdn and JPMorgan could attract more investment flows into the eurozone, resulting in increased demand for the euro. This positive sentiment is reflected in the slightly bullish tilt for the EUR exchange rate.

Billiard TV Plans Extensive Live Streaming with 150 Event Days in 2025

February 4, 2025 (13:32)
Trend: Neutral
Influence: 0.09
This specific news likely has a minimal effect on the EUR exchange rate due to its neutral sentiment score and low relevance score. While media-related growth in Europe could indirectly influence investor sentiment, the overall impact on EUR remains negligible.

Exceptional 2024 Performance and Early Achievement of Growth Targets Drive Optimism for 2025

February 4, 2025 (11:34)
Trend: Bullish
Influence: 0.36
The positive outlook for 2025, driven by stronger product demand and focus on high-revenue streams, has reinforced investor confidence in the Euro. This optimism is reflected in the bullish sentiment for EUR, as robust economic performance enhances its appeal in the foreign exchange market.

Ferrari N.V. Reports on Recent Share Buyback Activity

February 3, 2025 (15:10)
Trend: Somewhat-Bullish
Influence: 0.28
The share buyback program by Ferrari, which involves a significant euro expenditure, may signal confidence in the company's financial health and enhance shareholder value. This activity has a somewhat bullish effect on the EUR exchange rate as it could increase demand for the euro during the buyback process.

Caisse Française de Financement Local Issues EMTN 2025-4 Notes

February 3, 2025 (11:25)
Trend: Neutral
Influence: -0.1
The issuance of new Euro Medium Term Notes by Caisse Française de Financement Local potentially adds liquidity to the EUR market, which can pressure the exchange rate. The neutral to slightly negative sentiment reflects market anticipation of the EUR adjusting to accommodate the new supply of notes.

Steady German Inflation at 2.8% as February Election Nears

January 31, 2025 (13:06)
Trend: Somewhat-Bearish
Influence: -0.18
The steady inflation rate in Germany, aligning with economists' expectations, suggests stability in the Eurozone's largest economy. However, the lack of significant movement or improvement may lead to a somewhat bearish sentiment for the EUR, as investors might have anticipated stronger inflationary pressures driving potential policy changes.

Jyske Realkredit Considers Issuance of New Euro-Denominated Covered Bond

January 31, 2025 (07:59)
Trend: Somewhat-Bullish
Influence: 0.25
The news about Jyske Realkredit's potential issuance of a new euro-denominated covered bond suggests increased confidence in the Eurozone's debt market, which could bolster the euro. Such an issuance might attract investors seeking safe investment opportunities, thereby exerting a somewhat bullish pressure on the EUR exchange rate.

Deutsche Bank's Q4 Profit Decline Exceeds Forecasts; Cost-Cutting Targets Abandoned

January 30, 2025 (06:24)
Trend: Bullish
Influence: 0.39
The sharp decline in Deutsche Bank's profit and the scrapping of cost targets have raised concerns over the stability of Germany's financial sector, yet the EUR remains bullish. This counterintuitive sentiment may be influenced by overall market confidence in the eurozone's economic resilience or external factors supporting the EUR.

Exchange Rate Movements Impact IT Sector Margins

January 28, 2025 (02:59)
Trend: Somewhat-Bullish
Influence: 0.2
The euro's relationship with the Indian rupee and US dollar is crucial in determining profitability trends in Indian IT firms, as these currency fluctuations can impact the cost-efficiency of IT exports. As a somewhat bullish sentiment is observed, investors might anticipate opportunities in forex advantages that could eventually lead to favorable trading conditions for the euro.

Why ServiceNow's Shares Are Surging Today - NYSE:NOW Update

January 27, 2025 (20:44)
Trend: Somewhat-Bullish
Influence: 0.25
The rise in ServiceNow's shares reflects strong company growth, positively influencing global investor sentiment. This optimism, particularly around AI innovation, has a somewhat bullish effect on the EUR, suggesting increased confidence in Eurozone markets, potentially due to increased investment flows.

Ferrari N.V.: Share Buyback Program Report

January 27, 2025 (15:44)
Trend: Somewhat-Bullish
Influence: 0.28
Ferrari's substantial share buyback program reflects confidence in the company's financial health, which slightly boosts investor sentiment towards the Euro as it indicates strong underlying economic activity in Italy. Consequently, this financial move by a major Italian company has contributed to a somewhat bullish outlook for the EUR.

European Central Bank Pushes for Digital Euro Following Trump's Anti-CBDC Policy

January 24, 2025 (18:57)
Trend: Neutral
Influence: -0.04
The news highlights contrasting approaches between Europe and the US on digital currencies, with Europe pushing forward, potentially influencing the demand for the euro. However, due to uncertainty and long timelines associated with implementing a digital euro, the immediate effect on the EUR exchange rate remains neutral.

Euro Manganese Secures Key Permit for Chvaletice Project

January 23, 2025 (18:31)
Trend: Somewhat-Bullish
Influence: 0.26
The successful acquisition of a major mining permit by Euro Manganese is expected to boost investor confidence in European-based projects, lending a mildly positive sentiment to the Euro. Increased industrial activity and foreign investment in the region could enhance economic growth prospects, contributing to the EUR's strength.

Comprehensive Analysis of News and Events influencing the EURNOK currency pair


We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.

The results of forecasts of the Euro/Krone currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).

Forecasts are adjusted once a day taking into account the price change of the previous day.

Euro / Krone Daily Forecast for a Month

Date Target Pes. Opt. Vol., %
Feb 08 11.6131 11.5750 11.6670 0.79 %
Feb 09 11.6512 11.6279 11.6773 0.42 %
Feb 10 11.5663 11.5136 11.5904 0.67 %
Feb 11 11.5839 11.5626 11.6182 0.48 %
Feb 12 11.5849 11.5200 11.6247 0.91 %
Feb 13 11.5932 11.5301 11.6424 0.97 %
Feb 14 11.5876 11.5580 11.6618 0.90 %
Feb 15 11.6331 11.5781 11.6796 0.88 %
Feb 16 11.5623 11.5346 11.6169 0.71 %
Feb 17 11.5290 11.4792 11.5539 0.65 %
Feb 18 11.5429 11.5198 11.5770 0.50 %
Feb 19 11.5078 11.4360 11.5787 1.25 %
Feb 20 11.5879 11.5536 11.6101 0.49 %
Feb 21 11.6583 11.6359 11.6863 0.43 %
Feb 22 11.6425 11.5987 11.7067 0.93 %
Feb 23 11.5978 11.5606 11.6683 0.93 %
Feb 24 11.6655 11.6319 11.7121 0.69 %
Feb 25 11.6758 11.6160 11.7056 0.77 %
Feb 26 11.6010 11.5741 11.6669 0.80 %
Feb 27 11.5639 11.5112 11.6240 0.98 %
Feb 28 11.5380 11.4715 11.6035 1.15 %
Mar 01 11.5758 11.5388 11.6462 0.93 %
Mar 02 11.5851 11.5378 11.6250 0.76 %
Mar 03 11.6657 11.6443 11.7255 0.70 %
Mar 04 11.7292 11.6541 11.7893 1.16 %
Mar 05 11.7367 11.7114 11.8109 0.85 %
Mar 06 11.6926 11.6224 11.7506 1.10 %
Mar 07 11.6673 11.6421 11.7224 0.69 %
Mar 08 11.6384 11.5974 11.6803 0.71 %
Mar 09 11.6635 11.6290 11.7064 0.67 %

Target daily price EUR/NOK


Target values of the EUR/NOK currency pair as of 02-08-2025.

The weighted average target price of the Euro/Krone currency pair as of 02-08-2025: 11.6131. A negative trend is expected with a possible volatility of 0.789%.

Optimistic target level: 11.6670
Pessimistic target level: 11.5750


Target values of the EUR/NOK currency pair as of 02-09-2025.

The weighted average target price of the Euro/Krone currency pair as of 02-09-2025: 11.6512. A positive trend is expected with a possible volatility of 0.423%.

Optimistic target level: 11.6773
Pessimistic target level: 11.6279


Target values of the EUR/NOK currency pair as of 02-10-2025.

The weighted average target price of the Euro/Krone currency pair as of 02-10-2025: 11.5663. A negative trend is expected with a possible volatility of 0.663%.

Optimistic target level: 11.5904
Pessimistic target level: 11.5136


Target values of the EUR/NOK currency pair as of 02-11-2025.

The weighted average target price of the Euro/Krone currency pair as of 02-11-2025: 11.5839. A positive trend is expected with a possible volatility of 0.479%.

Optimistic target level: 11.6182
Pessimistic target level: 11.5626


Target values of the EUR/NOK currency pair as of 02-12-2025.

The weighted average target price of the Euro/Krone currency pair as of 02-12-2025: 11.5849. A positive trend is expected with a possible volatility of 0.901%.

Optimistic target level: 11.6247
Pessimistic target level: 11.5200


Euro / Krone (EUR/NOK) Forecast 2025 Monthly

Month Target Pes. Opt. Vol., %
Mar 11.7945 11.6063 11.8663 2.19 %
Apr 11.7375 11.5576 11.9273 3.10 %
May 11.7770 11.7226 11.9649 2.03 %
Jun 11.6434 11.5163 11.7828 2.26 %
Jul 11.4478 11.3469 11.5007 1.34 %
Aug 11.4719 11.3514 11.5273 1.53 %
Sep 11.4068 11.2775 11.5625 2.46 %
Oct 11.3230 11.1589 11.4942 2.92 %
Nov 11.3824 11.2820 11.4326 1.32 %
Dec 11.4661 11.3698 11.5311 1.40 %

EUR/NOK forecast for this year


Forecast of the EUR/NOK pair for Mar 2025

A bullish trend is forecast this month with an optimal target level of 11.7945.

Forecast of the EUR/NOK pair for Apr 2025

A bearish trend is forecast this month with an optimal target level of 11.7375.

Forecast of the EUR/NOK pair for May 2025

A bullish trend is forecast this month with an optimal target level of 11.777.

Forecast of the EUR/NOK pair for Jun 2025

A bearish trend is forecast this month with an optimal target level of 11.6434.

Forecast of the EUR/NOK pair for Jul 2025

A bearish trend is forecast this month with an optimal target level of 11.4478.

Forecast of the EUR/NOK pair for Aug 2025

A bullish trend is forecast this month with an optimal target level of 11.4719.

Forecast of the EUR/NOK pair for Sep 2025

A bearish trend is forecast this month with an optimal target level of 11.4068.

Forecast of the EUR/NOK pair for Oct 2025

A bearish trend is forecast this month with an optimal target level of 11.323.

Forecast of the EUR/NOK pair for Nov 2025

A bullish trend is forecast this month with an optimal target level of 11.3824.

Forecast of the EUR/NOK pair for Dec 2025

A bullish trend is forecast this month with an optimal target level of 11.4661.

Euro / Krone (EUR/NOK) Forecast 2026 Monthly

Month Target Pes. Opt. Vol., %
Jan 11.4251 11.2980 11.5595 2.26 %
Feb 11.3196 11.1817 11.4361 2.22 %
Mar 11.2197 11.0902 11.3705 2.47 %
Apr 11.2669 11.1391 11.3260 1.65 %
May 11.3071 11.1409 11.4353 2.57 %
Jun 11.4472 11.2789 11.5361 2.23 %
Jul 11.4231 11.3224 11.5167 1.69 %
Aug 11.3584 11.2773 11.4562 1.56 %
Sep 11.4991 11.3397 11.6537 2.69 %
Oct 11.5281 11.4433 11.6104 1.44 %
Nov 11.3635 11.2083 11.5544 3.00 %
Dec 11.4231 11.2624 11.5311 2.33 %

Euro / Krone (EUR/NOK) Forecast 2027 Monthly

Month Target Pes. Opt. Vol., %
Jan 11.5047 11.3549 11.6883 2.85 %
Feb 11.6206 11.4767 11.7402 2.24 %
Mar 11.6621 11.5617 11.7919 1.95 %
Apr 11.6229 11.5204 11.6718 1.30 %
May 11.6571 11.4613 11.8064 2.92 %
Jun 11.6498 11.5177 11.7550 2.02 %
Jul 11.6522 11.5568 11.7672 1.79 %
Aug 11.5666 11.4791 11.7488 2.30 %
Sep 11.5204 11.3390 11.5833 2.11 %
Oct 11.4575 11.3204 11.5610 2.08 %
Nov 11.6115 11.5067 11.7481 2.05 %
Dec 11.6115 11.5140 11.7603 2.09 %



Other currencies against the Krone (NOK)

Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.