November 29, 2024 Holiday Shopping Sets New Records With $6.1B Spent Online
November 25, 2024 Bitcoin Nears $100K: Crypto Revolution Reshapes Wall Street
November 18, 2024 Biden’s Missile Strategy: Escalation Or Path To Peace?
November 10, 2024 Wall Street Soars: Trump’s Victory Ignites Market Surge
Apple: Why The Future Looks Far Less Secure
December 10, 2024
Amazon: Still A Buy Thanks To Bedrock And Trainium
December 10, 2024
Amazon: Not A Second-Tier AI Player Anymore, But I Need Better Numbers
December 10, 2024
The Market Is Wrong About Microsoft – Here’s Why
December 10, 2024
December 9, 2024 When to Switch Payroll Solutions and How to Make a Smooth Transition
Payroll solutions are important for every business, as without them, you cannot make the right choices and calculations in your payment system. However,…
November 24, 2024 Latest Finance Management Regulations in Australia
Navigating the maze of Finance Regulations can feel like trying to solve a puzzle without all the pieces. Just when you think you’ve…
November 24, 2024 Finance Management Education Resources
Trying to manage money without guidance can feel like wrestling an octopus—in the dark. You’re sifting through credit card offers, debating investment options,…
November 18, 2024 Best Backtesting Software For Traders
Trading isn’t merely about numbers flickering on a screen; it’s a dynamic journey fraught with challenges and discoveries. I remember countless nights poring…
November 18, 2024 Best Forex Trading Tools
Selecting the ideal Forex Trading Tools can feel like trying to solve a jigsaw puzzle without the picture—overwhelming, right? So many options, each…
Norwegian Krone to Euro (NOK/EUR) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 10, 2024 (7:42)
Reverse forecast: EUR to NOK
Krone / Euro price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Krone (NOK) to Euro (EUR) | 8.5 | 8.5 | 8.3 | |
| 200 Krone (NOK) to Euro (EUR) | 17.1 | 16.9 | 16.6 | |
| 500 Krone (NOK) to Euro (EUR) | 42.7 | 42.3 | 41.5 | |
| 1000 Krone (NOK) to Euro (EUR) | 85.3 | 84.5 | 83.1 | |
| 3000 Krone (NOK) to Euro (EUR) | 255.9 | 253.5 | 249.2 |
How much will the NOK/EUR currency pair cost in 2025, 2026 and 2027? What is the forecast for the NOK/EUR currency pair? What is the target price of the Krone / Euro 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 Krone rise or fall against the Euro?
Identifying the trend of the NOK/EUR currency pair
The recent economic developments impacting the NOKEUR exchange rate reveal nuanced market signals. Notably, the news of fiscal challenges across Europe has triggered a somewhat bearish sentiment toward the euro, driven by increased concerns over economic instability. This perception could exert downward pressure on the EUR, providing relative strength to the NOK.
Conversely, the amendment of Euro Manganese's funding package with Orion Resource Partners introduces a somewhat bullish prospect for the euro, potentially enhancing investor confidence through improved financial stability and prospects for growth. This positive impact, however, might be offset by more pervasive fiscal concerns if stability and growth are perceived as localized rather than widespread across the eurozone.
The neutral standpoints highlighted in news surrounding Klépierre SA and Unieuro reflect limited immediate repercussions on broader currency dynamics, suggesting that these company-specific developments are not expected to cause significant market shifts on their own. Investors should anticipate potential short-term NOKEUR fluctuations balancing these opposing forces, with a cautious outlook influenced by Europe's fiscal health.
EUR Trend Forecasting
Regarding the EUR currency, 56 news pieces were analyzed. The average relevance of these news items is 0.33 (the closer to 1, the higher).|
2024-12-05
|
Neutral | Impact: -0.03 | News: 2 (0/1/1) |
|
2024-12-04
|
Neutral | Impact: 0.08 | News: 3 (1/2/0) |
|
2024-12-03
|
Neutral | Impact: 0.04 | News: 1 (0/1/0) |
|
2024-11-30
|
Neutral | Impact: -0 | News: 1 (0/1/0) |
|
2024-11-29
|
Neutral | Impact: -0.15 | News: 2 (0/1/1) |
|
2024-11-28
|
Bullish | Impact: 0.17 | News: 2 (1/1/0) |
|
2024-11-27
|
Neutral | Impact: 0.01 | News: 2 (0/2/0) |
Klépierre SA's Total Voting Rights and Shares Information as of November 2024
December 5, 2024 (16:45)
Trend: Neutral
Influence: 0.15
The EUR exchange rate remains minimally affected due to the neutral market outlook concerning Klépierre SA's voting rights and shares information. This suggests that while the data release is relevant, it does not significantly impact investor sentiment or expectations regarding the EUR's value.
Fiscal Challenges extend across Europe
December 5, 2024 (10:59)
Trend: Somewhat-Bearish
Influence: -0.22
The news of widening deficits across Europe has triggered concerns about economic instability, prompting a somewhat bearish sentiment towards the Euro. This perceived fiscal vulnerability weakens investor confidence in the currency, contributing to its decline.
This chart provides a comparative trend analysis of sentiment scores over time for NOK and EUR 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 Krone/Euro currency pair
The chart below shows the historical quotes of the NOK/EUR 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 Krone/Euro rate can be found in the table below.
Long-term forecasts by years.
EUR Main News
Unieuro Shares Targeted in Voluntary Public Tender and Exchange Offer on December 4, 2024
December 4, 2024 (17:15)
Trend: Neutral
Influence: 0.11
The neutral impact on the EUR is likely due to the fact that the tender and exchange offer for Unieuro's shares does not directly affect broader macroeconomic factors or investor sentiment toward the EUR. Since company-specific events often have limited influence on currency markets unless they have significant economic ramifications, the current news maintains a neutral stance on the EUR exchange rate.
Euro Manganese Modifies Funding Deal with Orion Resource Partners
December 4, 2024 (12:30)
Trend: Somewhat-Bullish
Influence: 0.23
The amendment to the funding package with Orion Resource Partners may enhance Euro Manganese's financial stability and operational capacity, which could improve investor sentiment. As a result, the EUR exchange rate sees a somewhat bullish response due to potential positive impacts on the European economy linked to this investment.
Political Unrest in France Threatens Economic Growth Trajectory
December 4, 2024 (07:58)
Trend: Neutral
Influence: -0.11
The political chaos in France is leading to economic uncertainties, as noted by ING analysts, which could negatively impact investor confidence in the euro. The persistent high public deficit and rising debt levels contribute to a softer outlook for the EUR exchange rate.
ECB Advances Offline Payment Capabilities for Mobile Digital Euro
December 3, 2024 (14:56)
Trend: Neutral
Influence: 0.04
The development of offline digital euro transactions by the ECB is significant for the privacy and accessibility of digital currency, akin to cash. This advancement reflects a neutral impact on the EUR exchange rate since it focuses on infrastructure development rather than immediate market or monetary policy shifts.
Kiyosaki Predicts Bitcoin Surge to $100,000 and Warns of Growing Wealth Inequality
November 30, 2024 (20:15)
Trend: Neutral
Influence: -0
The neutral sentiment towards the EUR indicates that Kiyosaki's predictions about Bitcoin's valuation and wealth inequality have not significantly impacted EUR exchange rates. This suggests that the effects of cryptocurrency dynamics on traditional fiat currencies like the Euro remain minimal in the short term.
Coinbase Discontinues USDC Yield in Europe Ahead of MiCA Implementation
November 29, 2024 (11:34)
Trend: Neutral
Influence: -0.13
The decision by Coinbase to end its USDC rewards program in Europe comes as a response to the upcoming MiCA regulations, creating uncertainty about the integration of cryptocurrencies and stablecoins in the region. This move has a neutral effect on the EUR, as the immediate impact on economic activities seems limited, yet there exists a slight negative sentiment due to potential regulatory challenges.
Eurozone Inflation Reaches 2.3% in November, Aligning with Projections
November 29, 2024 (10:17)
Trend: Somewhat-Bearish
Influence: -0.17
The anticipation of a 25 basis point interest rate cut by the ECB in December could weaken the euro, as lower interest rates typically reduce the currency's attractiveness to investors seeking higher returns. This sentiment is reflected in the somewhat bearish outlook on the EUR, as the market has already factored in this monetary policy adjustment.
Germany's Economic Struggles Overshadow China's Tariff Issues
November 28, 2024 (08:30)
Trend: Neutral
Influence: 0.12
Germany's economic stagnation, coupled with declining exports and geopolitical tensions, significantly impacts the EUR, creating uncertainty in the European market. Despite these challenges, the EUR remains relatively neutral, reflecting a balanced sentiment as traders weigh potential risks and opportunities.
OKX Unveils Cryptocurrency Exchange and Web3 Wallet in Belgian Market
November 28, 2024 (08:00)
Trend: Somewhat-Bullish
Influence: 0.22
The introduction of the OKX exchange and Web3 wallet in Belgium could lead to increased interest and investment in virtual currencies, boosting confidence and demand for the euro in the context of innovative financial services. As the news carries a somewhat bullish sentiment, it suggests that the euro might benefit from enhanced economic activity in the region linked to the expanding cryptocurrency framework.
CAISSE FRANCAISE DE FINANCEMENT LOCAL Issues New EMTN 2024-8 Bonds
November 27, 2024 (18:50)
Trend: Neutral
Influence: -0.1
The issuance of new EMTN bonds by the Caisse Française de Financement Local may be perceived as a move to bolster liquidity, potentially increasing the supply of euros. This move can introduce caution in the market, slightly impacting the EUR exchange rate with a neutral sentiment.
Tether Halts Euro-Backed Stablecoin Production Due to Regulatory Obstacles
November 27, 2024 (15:56)
Trend: Neutral
Influence: 0.12
The decision by Tether to stop minting the EURT stablecoin reflects ongoing regulatory uncertainties in Europe, leading to potential hesitancy among investors who value regulatory compliance. This development appears to have a mildly neutral impact on the EUR exchange rate, as indicated by the sentiment score, possibly due to the relatively small scale of EURT's influence on the broader currency market.
EU Economic Growth Forecast Lowered Due to Geopolitical Tensions
November 22, 2024 (18:51)
Trend: Neutral
Influence: 0
The European Commission's revision of the EU's GDP forecast highlights the potential economic instability arising from geopolitical tensions in Ukraine and the Middle East, which can contribute to investor uncertainty regarding the Euro. While the impact on the EUR exchange rate appears neutral for now, prolonged geopolitical risks could weigh on the currency's valuation in global markets.
Ferrari N.V. Reports on Progress of Its Share Buyback Initiative
November 22, 2024 (13:25)
Trend: Somewhat-Bullish
Influence: 0.25
The announcement of Ferrari's significant share buyback program may signal the company's confidence and financial health, positively influencing investor sentiment towards European markets. This, in turn, can lead to a strengthening of the Euro as it bolsters economic outlook perceptions.
Spain Imposes $187 Million Penalty on Low-Cost Airlines for Excessive Cabin Luggage Fees
November 22, 2024 (11:28)
Trend: Neutral
Influence: -0.04
The fines and resulting policy shifts could lead to operational challenges and higher costs for low-cost airlines, potentially affecting their overall contribution to the European economy. This pressure could create slight uncertainty in the market, leading to a neutral to slightly negative impact on the EUR exchange rate.
Siguldas Artificial Insemination Station's 2024 Nine-Month Financials Revealed
November 21, 2024 (14:10)
Trend: Somewhat-Bullish
Influence: 0.26
The increased net turnover of JSC 'Siguldas ciltslietu un mākslīgās apsēklošanas stacija' highlights positive economic activity, slightly bolstering confidence in the EUR. However, a decline in profits before taxes tempers this optimism, resulting in a somewhat bullish outlook for the currency.
Comprehensive Analysis of News and Events influencing the NOKEUR 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 Krone/Euro 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.
Krone / Euro Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 12 | 0.0853 | 0.0851 | 0.0858 | 0.93 % |
| Dec 13 | 0.0851 | 0.0848 | 0.0854 | 0.67 % |
| Dec 14 | 0.0850 | 0.0845 | 0.0852 | 0.87 % |
| Dec 15 | 0.0849 | 0.0843 | 0.0854 | 1.26 % |
| Dec 16 | 0.0850 | 0.0846 | 0.0854 | 0.90 % |
| Dec 17 | 0.0845 | 0.0843 | 0.0850 | 0.88 % |
| Dec 18 | 0.0844 | 0.0843 | 0.0846 | 0.37 % |
| Dec 19 | 0.0847 | 0.0843 | 0.0848 | 0.61 % |
| Dec 20 | 0.0843 | 0.0841 | 0.0848 | 0.81 % |
| Dec 21 | 0.0849 | 0.0847 | 0.0850 | 0.43 % |
| Dec 22 | 0.0847 | 0.0843 | 0.0849 | 0.71 % |
| Dec 23 | 0.0844 | 0.0840 | 0.0849 | 1.17 % |
| Dec 24 | 0.0846 | 0.0842 | 0.0850 | 1.00 % |
| Dec 25 | 0.0840 | 0.0835 | 0.0845 | 1.14 % |
| Dec 26 | 0.0842 | 0.0839 | 0.0845 | 0.76 % |
| Dec 27 | 0.0845 | 0.0840 | 0.0848 | 0.92 % |
| Dec 28 | 0.0839 | 0.0836 | 0.0843 | 0.85 % |
| Dec 29 | 0.0833 | 0.0828 | 0.0837 | 1.09 % |
| Dec 30 | 0.0830 | 0.0826 | 0.0833 | 0.84 % |
| Dec 31 | 0.0836 | 0.0832 | 0.0840 | 1.00 % |
| Jan 01 | 0.0833 | 0.0832 | 0.0838 | 0.76 % |
| Jan 02 | 0.0840 | 0.0836 | 0.0844 | 0.97 % |
| Jan 03 | 0.0836 | 0.0834 | 0.0837 | 0.36 % |
| Jan 04 | 0.0830 | 0.0826 | 0.0834 | 1.02 % |
| Jan 05 | 0.0824 | 0.0822 | 0.0827 | 0.67 % |
| Jan 06 | 0.0820 | 0.0818 | 0.0822 | 0.47 % |
| Jan 07 | 0.0822 | 0.0819 | 0.0826 | 0.78 % |
| Jan 08 | 0.0828 | 0.0825 | 0.0830 | 0.60 % |
| Jan 09 | 0.0829 | 0.0826 | 0.0833 | 0.83 % |
| Jan 10 | 0.0831 | 0.0827 | 0.0835 | 1.03 % |
Target daily price NOK/EUR
Target values of the NOK/EUR currency pair as of 12-12-2024.
Optimistic target level: 0.0858
Pessimistic target level: 0.0851
Target values of the NOK/EUR currency pair as of 12-13-2024.
Optimistic target level: 0.0854
Pessimistic target level: 0.0848
Target values of the NOK/EUR currency pair as of 12-14-2024.
Optimistic target level: 0.0852
Pessimistic target level: 0.0845
Target values of the NOK/EUR currency pair as of 12-15-2024.
Optimistic target level: 0.0854
Pessimistic target level: 0.0843
Target values of the NOK/EUR currency pair as of 12-16-2024.
Optimistic target level: 0.0854
Pessimistic target level: 0.0846
Krone / Euro (NOK/EUR) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0845 | 0.0832 | 0.0859 | 3.16 % |
| Feb | 0.0837 | 0.0826 | 0.0846 | 2.42 % |
| Mar | 0.0831 | 0.0828 | 0.0845 | 2.05 % |
| Apr | 0.0834 | 0.0820 | 0.0841 | 2.46 % |
| May | 0.0848 | 0.0845 | 0.0853 | 1.00 % |
| Jun | 0.0831 | 0.0827 | 0.0836 | 1.19 % |
| Jul | 0.0820 | 0.0814 | 0.0827 | 1.69 % |
| Aug | 0.0813 | 0.0800 | 0.0825 | 3.04 % |
| Sep | 0.0812 | 0.0802 | 0.0825 | 2.82 % |
| Oct | 0.0808 | 0.0796 | 0.0820 | 2.85 % |
| Nov | 0.0809 | 0.0802 | 0.0821 | 2.35 % |
| Dec | 0.0804 | 0.0800 | 0.0817 | 2.03 % |
NOK/EUR forecast for this year
Forecast of the NOK/EUR pair for Jan 2025
Forecast of the NOK/EUR pair for Feb 2025
Forecast of the NOK/EUR pair for Mar 2025
Forecast of the NOK/EUR pair for Apr 2025
Forecast of the NOK/EUR pair for May 2025
Forecast of the NOK/EUR pair for Jun 2025
Forecast of the NOK/EUR pair for Jul 2025
Forecast of the NOK/EUR pair for Aug 2025
Forecast of the NOK/EUR pair for Sep 2025
Forecast of the NOK/EUR pair for Oct 2025
Forecast of the NOK/EUR pair for Nov 2025
Forecast of the NOK/EUR pair for Dec 2025
Krone / Euro (NOK/EUR) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0812 | 0.0802 | 0.0824 | 2.67 % |
| Feb | 0.0817 | 0.0805 | 0.0820 | 1.86 % |
| Mar | 0.0825 | 0.0813 | 0.0833 | 2.34 % |
| Apr | 0.0819 | 0.0814 | 0.0824 | 1.17 % |
| May | 0.0812 | 0.0800 | 0.0817 | 1.99 % |
| Jun | 0.0814 | 0.0803 | 0.0825 | 2.67 % |
| Jul | 0.0816 | 0.0804 | 0.0823 | 2.30 % |
| Aug | 0.0828 | 0.0819 | 0.0833 | 1.62 % |
| Sep | 0.0825 | 0.0814 | 0.0838 | 2.84 % |
| Oct | 0.0827 | 0.0820 | 0.0838 | 2.08 % |
| Nov | 0.0835 | 0.0823 | 0.0846 | 2.67 % |
| Dec | 0.0826 | 0.0822 | 0.0834 | 1.48 % |
Krone / Euro (NOK/EUR) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0832 | 0.0826 | 0.0837 | 1.33 % |
| Feb | 0.0827 | 0.0820 | 0.0839 | 2.33 % |
| Mar | 0.0825 | 0.0813 | 0.0829 | 1.92 % |
| Apr | 0.0819 | 0.0807 | 0.0825 | 2.15 % |
| May | 0.0831 | 0.0821 | 0.0836 | 1.68 % |
| Jun | 0.0849 | 0.0836 | 0.0862 | 3.04 % |
| Jul | 0.0848 | 0.0835 | 0.0858 | 2.75 % |
| Aug | 0.0845 | 0.0837 | 0.0857 | 2.31 % |
| Sep | 0.0838 | 0.0830 | 0.0846 | 1.87 % |
| Oct | 0.0823 | 0.0819 | 0.0830 | 1.32 % |
| Nov | 0.0811 | 0.0799 | 0.0820 | 2.54 % |
| Dec | 0.0801 | 0.0795 | 0.0812 | 2.08 % |