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Norwegian Krone to US Dollar (NOK/USD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: January 16, 2025 (4:28)
Reverse forecast: USD to NOK
Norwegian Krone / US Dollar price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Norwegian Krone (NOK) to US Dollar (USD) | 8.7 | 8.8 | 8.9 | |
| 200 Norwegian Krone (NOK) to US Dollar (USD) | 17.4 | 17.6 | 17.8 | |
| 500 Norwegian Krone (NOK) to US Dollar (USD) | 43.5 | 43.9 | 44.4 | |
| 1000 Norwegian Krone (NOK) to US Dollar (USD) | 87.1 | 87.8 | 88.8 | |
| 3000 Norwegian Krone (NOK) to US Dollar (USD) | 261.2 | 263.4 | 266.4 |
How much will the NOK/USD currency pair cost in 2025, 2026 and 2027? What is the forecast for the NOK/USD currency pair? What is the target price of the Norwegian Krone / US Dollar 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 Norwegian Krone rise or fall against the US Dollar?
Identifying the trend of the NOK/USD currency pair
Recent developments in global and digital finance reflect varying pressures on the NOKUSD exchange rate. The removal of the Huione app due to money laundering allegations underscores ongoing concerns about digital finance, suggesting a cautiously neutral sentiment around the USD amidst isolated incidents.
Despite anticipation of economic impacts from Trump's policies, bond market skepticism fosters a neutral USD outlook, reflecting investor caution amidst policy uncertainty. Simultaneously, disappointing U.S. retail sales and rising jobless claims indicate potential consumer weakness, slightly bearish for the USD.
The bold prediction of Bitcoin surging to $300,000 by 2025 suggests a significant potential capital shift from traditional currencies, potentially increasing demand for the USD within balanced portfolios, hence a somewhat bullish sentiment. Conversely, the yuan's rise in oil trading poses a nominal challenge to the USD but fails to unseat the entrenched petrodollar, maintaining a neutral outlook.
Overall, while specific trends suggest potential shifts, the cumulative effect on NOKUSD is cautiously balanced, with ongoing monitoring of economic indicators and policy impacts pivotal for investors anticipating near-term currency movements.
USD Trend Forecasting
Regarding the USD currency, 164 news pieces were analyzed. The average relevance of these news items is 0.26 (the closer to 1, the higher).|
2025-01-16
|
Neutral | Impact: 0.06 | News: 9 (3/5/1) |
|
2025-01-15
|
Neutral | Impact: 0.14 | News: 3 (1/2/0) |
|
2025-01-14
|
Bullish | Impact: 0.13 | News: 4 (2/2/0) |
|
2025-01-13
|
Neutral | Impact: -0.02 | News: 6 (0/6/0) |
|
2025-01-10
|
Neutral | Impact: 0.19 | News: 4 (1/3/0) |
|
2025-01-08
|
Bullish | Impact: 0.19 | News: 7 (4/3/0) |
|
2025-01-09
|
Neutral | Impact: 0.11 | News: 5 (0/5/0) |
Google Removes Huione App from Play Store Following Money Laundering Claims
January 16, 2025 (15:55)
Trend: Neutral
Influence: 0.13
The removal of the Huione app due to money laundering allegations likely contributes to a cautious sentiment around the USD, as it highlights ongoing concerns about illicit activities in digital finance markets. However, the neutral sentiment score suggests that this event alone does not have a significant impact on the USD exchange rate, reflecting a broader stability in currency markets amidst isolated app-related incidents.
Why bond investors are skeptical of Trump's impact on markets
January 16, 2025 (14:30)
Trend: Neutral
Influence: -0.04
The sell-off in bond markets, despite the expected easing of monetary policy, reflects concerns over the potential risks associated with Trump's economic policies. This uncertainty contributes to a neutral sentiment towards the USD, as investors weigh the increased volatility against other stabilizing factors.
This chart provides a comparative trend analysis of sentiment scores over time for NOK and USD 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 Norwegian Krone/US Dollar currency pair
The chart below shows the historical quotes of the NOK/USD 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 Norwegian Krone/US Dollar rate can be found in the table below.
Long-term forecasts by years.
USD Main News
Disappointing Retail Sales and Rising Jobless Claims Raise Concerns on US Economic Strength
January 16, 2025 (13:52)
Trend: Neutral
Influence: -0.02
The weaker-than-expected rise in retail sales and the unexpected increase in jobless claims suggest potential consumer weakness, which could lead to concerns over economic growth. This perceived economic uncertainty may contribute to a neutral to slightly bearish sentiment towards the USD, as reflected in the slight negative sentiment label.
Asian Firm Predicts Bitcoin Surge to $300,000 by 2025
January 16, 2025 (13:48)
Trend: Somewhat-Bullish
Influence: 0.32
The prediction of a massive influx of $3 trillion into the crypto market could drive significant capital movement away from traditional USD holdings, prompting bullish sentiment as investors seek cryptocurrencies as an alternative store of value. This potential diversification of investment might increase demand for the USD as part of a balanced portfolio, leading to its 'Somewhat-Bullish' sentiment.
China's Yuan Gains Traction in Oil Trading, But the Petrodollar Remains Dominant
January 16, 2025 (11:30)
Trend: Neutral
Influence: -0.04
The rise of the yuan in oil trade, facilitated by digital currency innovations, slightly impacts the USD by challenging its dominance in global transactions. However, the entrenched position of the petrodollar means the overall effect on the USD exchange rate remains neutral.
Mixed Global Markets as USD Slightly Declines
January 16, 2025 (11:25)
Trend: Bearish
Influence: -0.49
The recent slight decline in the U.S. Dollar Index reflects mixed market sentiment, with fluctuations in commodities like gold and silver, which are often seen as safe-haven assets during times of uncertainty. The 0.42% drop in USD/JPY suggests a shift in investor preference possibly influenced by the strengthening precious metals, signaling a potential shift towards risk aversion.
Treasury Nominee Scott Bessent Advocates for Dollar's Global Dominance Amidst Reports of Bitcoin Reserve Plans
January 16, 2025 (07:22)
Trend: Somewhat-Bullish
Influence: 0.25
Bessent's commitment to keeping the dollar as the global reserve currency indicates confidence in the stability and importance of the USD, contributing to a somewhat bullish sentiment. However, discussions of a strategic Bitcoin reserve may introduce uncertainty, slightly offsetting the dollar's immediate strengthening.
Dollar's Global Reserve Status To Be Upheld By Trump's Treasury Nominee, Promising Economic Growth
January 16, 2025 (03:35)
Trend: Somewhat-Bullish
Influence: 0.34
The nomination of Scott Bessent, known for his commitment to maintaining the dollar's global dominance, has generated a somewhat bullish sentiment in the market, suggesting confidence in a stable USD exchange rate. Investors anticipate a positive economic shift under his potential leadership, which is reflected in the enthusiasm towards the currency.
Rupee Decline Challenges India Inc: Hedge Strategies and NRI Investment Opportunities for CFOs
January 16, 2025 (02:52)
Trend: Neutral
Influence: 0.06
The decline of the Indian rupee against the US dollar affects the exchange rate by potentially increasing demand for dollars as Indian companies manage higher costs and dollar-denominated debt. This scenario represents a neutral sentiment overall as CFOs explore hedging strategies and investment avenues, balancing the impact on USD.
Cryptocurrency Surge Driven by Latest CPI Report
January 15, 2025 (19:55)
Trend: Neutral
Influence: 0.15
The recent surge in cryptocurrencies like Bitcoin, Ethereum, and Dogecoin following the CPI report suggests that crypto investors are reacting to inflationary pressures. This reaction potentially affects the USD exchange rate by indicating a shift in asset preference, though the sentiment remains neutral, reflecting balanced market optimism about USD stability.
Did We Misjudge the Dollar's Strength Leading to the Rupee's Decline?
January 15, 2025 (13:14)
Trend: Neutral
Influence: 0.1
The neutral sentiment suggests that there is no direct impact on the USD from the current situation. However, uncertainties around monetary policies and their effects on global currencies can contribute to cautious market behaviors regarding USD.
South Korean President Arrested; KOSPI Gains Amid Political Unrest, Won Stable
January 15, 2025 (02:34)
Trend: Somewhat-Bullish
Influence: 0.17
The arrest of South Korean President Yoon Suk Yeol has introduced political concerns, yet the unexpected stability of the South Korean won and the rise of the KOSPI suggest confidence in the market's fundamentals. This has led to a somewhat bullish sentiment towards the USD, as investors anticipate potential currency stabilization opportunities.
Bitcoin Surges Beyond $97,000 Amid Investor Optimism from Lower Inflation Figures
January 14, 2025 (14:38)
Trend: Neutral
Influence: -0.02
The easing inflation figures have fostered a more robust risk appetite among investors, leading to a surge in Bitcoin and a decrease in the USD's exchange rate strength. This reflects trader sentiment that anticipates a more favorable macroeconomic environment, thus causing the USD to experience modest depreciation in value.
Global Markets Gain as USD Eases: Asia Ex-Japan and Europe Lead While Crude Dips
January 14, 2025 (11:19)
Trend: Neutral
Influence: 0.11
The USD weakened slightly due to increased market confidence in Asia and Europe, leading to a rise in these markets as crude oil prices continued to fall. The adjustments in the USD/JPY and USD/AUD indicate a mild performance shift in currency pairs, reflecting global economic sentiments and stability.
Attracting Family Offices with Financial Incentives in Hong Kong
January 14, 2025 (10:00)
Trend: Somewhat-Bullish
Influence: 0.24
The news highlights Hong Kong's commitment to maintaining low taxes and a stable currency peg, which are significant factors for international investors considering allocation to USD-based assets. This confidence in consistent financial policy contributes to a somewhat bullish sentiment towards the USD, as it suggests a stable environment for future investment flows into Hong Kong.
Exploring the Reasons Behind the Indian Rupee's Decline and the Prospect of Reaching 90 per Dollar
January 14, 2025 (06:17)
Trend: Somewhat-Bullish
Influence: 0.2
The decline in the Indian rupee is making the dollar stronger, which is highlighted by the rupee's sharp fall from ₹84 to ₹86. This has led to a somewhat bullish sentiment for the USD, as the depreciation of other currencies, like the rupee, increases the relative value and demand for the dollar.
Bitcoin's rapid decline continues, reaching $90,000 at week's start
January 13, 2025 (13:09)
Trend: Neutral
Influence: -0.15
The recent drop in Bitcoin's value has created uncertainty in the tech sector, leading to a risk-off sentiment that can strengthen the USD as investors seek safer assets. Despite this effect being described as neutral, ongoing instability in cryptocurrency markets could pressure the USD if investor confidence wanes further.
Comprehensive Analysis of News and Events influencing the NOKUSD 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 Norwegian Krone/US Dollar 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.
Norwegian Krone / US Dollar Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan 18 | 0.0871 | 0.0868 | 0.0873 | 0.53 % |
| Jan 19 | 0.0869 | 0.0867 | 0.0873 | 0.76 % |
| Jan 20 | 0.0866 | 0.0860 | 0.0868 | 0.88 % |
| Jan 21 | 0.0872 | 0.0870 | 0.0875 | 0.49 % |
| Jan 22 | 0.0876 | 0.0872 | 0.0882 | 1.12 % |
| Jan 23 | 0.0878 | 0.0874 | 0.0880 | 0.67 % |
| Jan 24 | 0.0882 | 0.0878 | 0.0885 | 0.83 % |
| Jan 25 | 0.0886 | 0.0879 | 0.0891 | 1.36 % |
| Jan 26 | 0.0888 | 0.0887 | 0.0895 | 0.93 % |
| Jan 27 | 0.0886 | 0.0882 | 0.0890 | 0.88 % |
| Jan 28 | 0.0895 | 0.0888 | 0.0899 | 1.21 % |
| Jan 29 | 0.0895 | 0.0888 | 0.0900 | 1.30 % |
| Jan 30 | 0.0887 | 0.0880 | 0.0892 | 1.36 % |
| Jan 31 | 0.0884 | 0.0880 | 0.0889 | 1.02 % |
| Feb 01 | 0.0881 | 0.0880 | 0.0888 | 0.95 % |
| Feb 02 | 0.0880 | 0.0877 | 0.0885 | 0.95 % |
| Feb 03 | 0.0876 | 0.0874 | 0.0883 | 1.00 % |
| Feb 04 | 0.0875 | 0.0871 | 0.0878 | 0.83 % |
| Feb 05 | 0.0883 | 0.0878 | 0.0888 | 1.10 % |
| Feb 06 | 0.0879 | 0.0876 | 0.0886 | 1.16 % |
| Feb 07 | 0.0878 | 0.0875 | 0.0881 | 0.72 % |
| Feb 08 | 0.0885 | 0.0878 | 0.0888 | 1.08 % |
| Feb 09 | 0.0880 | 0.0876 | 0.0885 | 1.08 % |
| Feb 10 | 0.0884 | 0.0882 | 0.0889 | 0.78 % |
| Feb 11 | 0.0880 | 0.0873 | 0.0886 | 1.44 % |
| Feb 12 | 0.0878 | 0.0875 | 0.0880 | 0.63 % |
| Feb 13 | 0.0881 | 0.0878 | 0.0884 | 0.61 % |
| Feb 14 | 0.0877 | 0.0875 | 0.0882 | 0.78 % |
| Feb 15 | 0.0880 | 0.0876 | 0.0883 | 0.77 % |
| Feb 16 | 0.0888 | 0.0886 | 0.0894 | 0.90 % |
Target daily price NOK/USD
Target values of the NOK/USD currency pair as of 01-18-2025.
Optimistic target level: 0.0873
Pessimistic target level: 0.0868
Target values of the NOK/USD currency pair as of 01-19-2025.
Optimistic target level: 0.0873
Pessimistic target level: 0.0867
Target values of the NOK/USD currency pair as of 01-20-2025.
Optimistic target level: 0.0868
Pessimistic target level: 0.0860
Target values of the NOK/USD currency pair as of 01-21-2025.
Optimistic target level: 0.0875
Pessimistic target level: 0.0870
Target values of the NOK/USD currency pair as of 01-22-2025.
Optimistic target level: 0.0882
Pessimistic target level: 0.0872
Norwegian Krone / US Dollar (NOK/USD) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Feb | 0.0864 | 0.0842 | 0.0886 | 4.92 % |
| Mar | 0.0879 | 0.0858 | 0.0898 | 4.51 % |
| Apr | 0.0880 | 0.0868 | 0.0904 | 4.04 % |
| May | 0.0885 | 0.0874 | 0.0896 | 2.52 % |
| Jun | 0.0875 | 0.0858 | 0.0900 | 4.60 % |
| Jul | 0.0887 | 0.0864 | 0.0893 | 3.21 % |
| Aug | 0.0890 | 0.0875 | 0.0903 | 3.13 % |
| Sep | 0.0891 | 0.0871 | 0.0905 | 3.73 % |
| Oct | 0.0900 | 0.0885 | 0.0920 | 3.86 % |
| Nov | 0.0890 | 0.0873 | 0.0902 | 3.16 % |
| Dec | 0.0888 | 0.0878 | 0.0903 | 2.87 % |
NOK/USD forecast for this year
Forecast of the NOK/USD pair for Feb 2025
Forecast of the NOK/USD pair for Mar 2025
Forecast of the NOK/USD pair for Apr 2025
Forecast of the NOK/USD pair for May 2025
Forecast of the NOK/USD pair for Jun 2025
Forecast of the NOK/USD pair for Jul 2025
Forecast of the NOK/USD pair for Aug 2025
Forecast of the NOK/USD pair for Sep 2025
Forecast of the NOK/USD pair for Oct 2025
Forecast of the NOK/USD pair for Nov 2025
Forecast of the NOK/USD pair for Dec 2025
Norwegian Krone / US Dollar (NOK/USD) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0907 | 0.0895 | 0.0919 | 2.59 % |
| Feb | 0.0918 | 0.0911 | 0.0943 | 3.37 % |
| Mar | 0.0891 | 0.0878 | 0.0897 | 2.14 % |
| Apr | 0.0895 | 0.0878 | 0.0912 | 3.71 % |
| May | 0.0899 | 0.0890 | 0.0910 | 2.22 % |
| Jun | 0.0889 | 0.0874 | 0.0905 | 3.51 % |
| Jul | 0.0881 | 0.0866 | 0.0889 | 2.61 % |
| Aug | 0.0853 | 0.0837 | 0.0865 | 3.23 % |
| Sep | 0.0867 | 0.0860 | 0.0875 | 1.67 % |
| Oct | 0.0861 | 0.0852 | 0.0875 | 2.60 % |
| Nov | 0.0858 | 0.0851 | 0.0877 | 2.88 % |
| Dec | 0.0882 | 0.0873 | 0.0895 | 2.49 % |
Norwegian Krone / US Dollar (NOK/USD) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.0856 | 0.0841 | 0.0878 | 4.23 % |
| Feb | 0.0869 | 0.0862 | 0.0882 | 2.19 % |
| Mar | 0.0861 | 0.0841 | 0.0878 | 4.24 % |
| Apr | 0.0843 | 0.0833 | 0.0853 | 2.38 % |
| May | 0.0848 | 0.0830 | 0.0859 | 3.29 % |
| Jun | 0.0866 | 0.0853 | 0.0873 | 2.31 % |
| Jul | 0.0882 | 0.0869 | 0.0902 | 3.66 % |
| Aug | 0.0873 | 0.0859 | 0.0896 | 4.07 % |
| Sep | 0.0862 | 0.0845 | 0.0870 | 2.88 % |
| Oct | 0.0872 | 0.0848 | 0.0880 | 3.61 % |
| Nov | 0.0846 | 0.0832 | 0.0861 | 3.41 % |
| Dec | 0.0830 | 0.0812 | 0.0840 | 3.29 % |