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US Dollar to Norwegian Krone (USD/NOK) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 11, 2024 (7:37)
Reverse forecast: NOK to USD
US Dollar / Norwegian Krone price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 US Dollar (USD) to Norwegian Krone (NOK) | 1123 | 1136.9 | 1115.1 | |
| 200 US Dollar (USD) to Norwegian Krone (NOK) | 2245.9 | 2273.7 | 2230.2 | |
| 500 US Dollar (USD) to Norwegian Krone (NOK) | 5614.8 | 5684.3 | 5575.6 | |
| 1000 US Dollar (USD) to Norwegian Krone (NOK) | 11229.5 | 11368.5 | 11151.1 | |
| 3000 US Dollar (USD) to Norwegian Krone (NOK) | 33688.5 | 34105.5 | 33453.3 |
How much will the USD/NOK currency pair cost in 2025, 2026 and 2027? What is the forecast for the USD/NOK currency pair? What is the target price of the US Dollar / Norwegian 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 US Dollar rise or fall against the Norwegian Krone?
Identifying the trend of the USD/NOK currency pair
The recent developments related to Ripple's RLUSD stablecoin approval by the NYDFS highlight increased regulatory trust and potential market expansion for Ripple, which could enhance USD's standing as a reliable reserve currency in the cryptocurrency market. This regulatory backing is likely to boost investor confidence, potentially providing a slight upward movement in the USD exchange rate against major currencies like NOK.
Conversely, Michael Saylor's advocacy for Bitcoin over gold introduces speculative elements. Although the sentiment is neutral, the proposal may lead to a reevaluation of Bitcoin as a reserve asset, influencing the traditional investment landscape. However, the potential impact on USD is not immediate but warrants investor vigilance.
Meanwhile, the activity surrounding meme coins suggests increased speculative investments contributing to market volatility, which can indirectly impact USD by inducing capital flow variations. In parallel, the decline in U.S. tech stocks amidst global market pressures provides USD an edge as investors seek stability amid equity market volatility.
Overall, investors should expect USD to exhibit resilient performance amid these mixed signals, with potential short-term strengthening against NOK, tempered by ongoing monitoring of digital asset trends and equity markets.
USD Trend Prediction
As of now, Panda has analyzed 224 news pieces concerning the USD currency. The average relevance score for these news items is 0.28 (with the closer to 1 being more relevant).|
2024-12-10
|
Neutral | Impact: 0.14 | News: 9 (3/6/0) |
|
2024-12-09
|
Bullish | Impact: 0.15 | News: 2 (1/1/0) |
|
2024-12-08
|
Bullish | Impact: 0.3 | News: 2 (1/1/0) |
|
2024-12-07
|
Bullish | Impact: 0.39 | News: 1 (1/0/0) |
|
2024-12-06
|
Neutral | Impact: 0.09 | News: 2 (0/2/0) |
|
2024-12-05
|
Bullish | Impact: 0.16 | News: 3 (2/1/0) |
|
2024-12-04
|
Neutral | Impact: 0.11 | News: 11 (3/7/1) |
Ripple Receives NYDFS Approval for Stablecoin, Boosting XRP by 9%
December 10, 2024 (20:53)
Trend: Somewhat-Bullish
Influence: 0.31
The NYDFS approval of RLUSD demonstrates increased trust and regulatory backing for Ripple's stablecoin, potentially enhancing the USD's standing as a reliable reserve currency in the crypto market. This development might lead to greater investor confidence, slightly boosting the USD exchange rate given Ripple's expanded market reach.
Michael Saylor Advocates for Bitcoin Over Gold in US Economic Strategy
December 10, 2024 (14:06)
Trend: Neutral
Influence: 0.1
Michael Saylor's proposal to replace gold with Bitcoin as a reserve asset suggests a potential shift in how the U.S. might manage its reserves, possibly influencing confidence in the USD. However, the neutral sentiment indicates that the market may not immediately perceive this as having a major impact on the USD exchange rate.
This chart provides a comparative trend analysis of sentiment scores over time for USD 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 US Dollar/Norwegian Krone currency pair
The chart below shows the historical quotes of the USD/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 US Dollar/Norwegian Krone rate can be found in the table below.
Long-term forecasts by years.
USD Main News
Evaluating Reddit's Preferred Meme Coins: Can Shiba Inu, Pepe, or Bonk Lead the Pack?
December 10, 2024 (13:03)
Trend: Somewhat-Bullish
Influence: 0.27
The growing popularity of meme coins like Pepe and Bonk on Reddit suggests increased speculative investment activity, which can influence overall market volatility and indirectly impact USD exchange rates. The positive sentiment towards these coins reflects a moderate bullishness in the market, hinting at a potential rise in capital flow towards such digital assets, leading to slight upward pressure on the USD.
Global Market Shifts: Europe's Gain Streak Ends as Commodities See Mixed Performance
December 10, 2024 (11:30)
Trend: Somewhat-Bullish
Influence: 0.23
The decline in U.S. tech stocks, led by factors such as the Nvidia investigation and AMD's downgrade, has somewhat bullish effects on the USD as investors might seek more stable returns in currencies amid equity volatility. This sentiment indicates that despite market pressures, there is investor confidence in the USD, bolstered by its perceived stability and global standing.
Wall Street Analyst Predicts Bitcoin Could Potentially Surpass and Replace the U.S. Dollar, Reaching $5 Million
December 10, 2024 (10:00)
Trend: Neutral
Influence: 0.08
The potential for Bitcoin to replace the U.S. dollar introduces uncertainty regarding the long-term stability and dominance of USD in global markets. Despite being speculative, such statements contribute to neutral sentiment as investors weigh innovative digital currencies against traditional fiat systems.
Siegel: Bitcoin Poses Greater Risk to Dollar Than BRICS Reserve Plans Amid Trump Commentary
December 10, 2024 (06:45)
Trend: Neutral
Influence: 0.09
The perceived threat of Bitcoin replacing the dollar in global reserves could impact the USD by instilling uncertainty about its future role in international markets. While the sentiment is currently neutral, the relevance score indicates notable concern, reflecting underlying market tensions regarding alternatives to the dollar.
Russia Considers Bitcoin Reserve as Sanctions Push Toward Crypto Solutions Amid U.S. Pro-Crypto Shift
December 10, 2024 (06:29)
Trend: Neutral
Influence: 0.11
The potential move by Russia to establish a Bitcoin reserve may signal a shift away from reliance on the USD, impacting its exchange rate stability. Additionally, support for cryptocurrency by U.S. leadership could further influence global confidence in Bitcoin over traditional currencies like the USD.
China's Trade Struggles in November Exacerbate Economic Concerns
December 10, 2024 (03:26)
Trend: Neutral
Influence: -0.01
The unexpected decline in China's exports and imports contributes to global economic uncertainty, which often causes investors to seek the relative safety of the USD. However, the neutral sentiment score indicates that the market has not yet reacted strongly, potentially waiting for further economic indicators.
Economist Schiff Advises Biden to Reduce Deficit by Selling U.S. Bitcoin Holdings
December 10, 2024 (02:44)
Trend: Neutral
Influence: 0.06
Although the suggestion to sell Bitcoin may aim to alleviate the U.S. budget deficit, the overall impact on the USD appears to be neutral. This indicates that market participants may not see the sale of Bitcoin as significantly influencing the USD's value in the foreign exchange market.
SMARDEX Secures $4.5 Million for USDN Launch, Aiming to Transform the US Dollar Market
December 9, 2024 (15:33)
Trend: Neutral
Influence: 0.1
The news of SMARDEX's successful funding round and introduction of the synthetic USDN has a neutral impact on the USD exchange rate because the development is still in its early stages and the market is assessing its potential implications. Investors may adopt a cautious approach until the synthetic currency establishes its utility and stability in the decentralized finance space.
Mixed Markets in Asia and Europe as Crude Prices Rise Due to China's Policy Changes
December 9, 2024 (11:30)
Trend: Somewhat-Bullish
Influence: 0.2
The positive sentiment towards the USD is influenced by the robust performance of the Nasdaq and S&P 500, suggesting a healthy economic outlook in the U.S. Consequently, this optimism underpins the expectation of Federal Reserve rate cuts, which can add upward pressure on the USD's exchange value.
Bitcoin Reaches New Heights Amid Trump's Pro-Crypto Stance
December 8, 2024 (13:30)
Trend: Bullish
Influence: 0.44
The surge in Bitcoin's value, attributed to President-elect Trump's favorable view of cryptocurrencies, has boosted confidence in alternative digital currencies. This transition is likely drawing investment away from traditional currencies like the USD, however, a positive sentiment still persists, reflecting investor optimism or hedging against volatility.
Crypto Market Shakes Up: XRP Soars, Meme Coins and Bitcoin Spotlighted by Lawmakers
December 8, 2024 (13:00)
Trend: Neutral
Influence: 0.15
The relatively neutral sentiment of USD amid the cryptocurrency fluctuations suggests a minimal immediate impact on its exchange rate. However, the growing acceptance and recognition of cryptocurrencies could exert long-term pressure on traditional fiat currencies like the USD.
Michael Saylor's Bitcoin Plan: Continuously Invest Spare Capital - Grayscale Bitcoin Mini Trust Insights
December 7, 2024 (04:32)
Trend: Bullish
Influence: 0.39
The significant rise in Bitcoin's value to over $100,000 bolsters confidence in cryptocurrency investments, which can stabilize or increase demand for the USD for trading purposes. This perceived stability and demand underpin a bullish sentiment towards the USD in the exchange market.
Stock Market Turbulence Leads to Increased Demand for Gold and Stabilizes USD
December 6, 2024 (11:00)
Trend: Neutral
Influence: 0.12
The decline in U.S. tech and health insurance stocks led investors to hedge by moving towards safer assets like gold, which typically strengthens when there is market uncertainty. This cautious sentiment contributed to a slight stabilization of the USD, as indicated by its neutral sentiment score.
Can the RBI's Bold Move Stabilize the Rupee?
December 6, 2024 (02:51)
Trend: Neutral
Influence: 0.07
The news highlights the RBI's significant intervention by selling over $47 billion in the forex market to support the rupee, which could lead to a temporary strengthening of other currencies against the USD. However, the neutral sentiment indicates that any immediate impact on the USD exchange rate is not strongly anticipated.
Bitcoin's Journey to $100,000: Unpacking the 2024 Surge
December 5, 2024 (14:50)
Trend: Somewhat-Bullish
Influence: 0.16
The recent surge in Bitcoin's value, along with its integration into the U.S. financial system, has led to increased investor confidence and adoption. This development is viewed as somewhat bullish for the USD, as the U.S dollar often serves as a reference currency for Bitcoin transactions, potentially stabilizing its exchange rate.
Comprehensive Analysis of News and Events influencing the USDNOK 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 US Dollar/Norwegian 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.
US Dollar / Norwegian Krone Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 13 | 11.2295 | 11.1970 | 11.3160 | 1.06 % |
| Dec 14 | 11.2228 | 11.1745 | 11.2542 | 0.71 % |
| Dec 15 | 11.1476 | 11.1231 | 11.1822 | 0.53 % |
| Dec 16 | 11.1755 | 11.1319 | 11.2559 | 1.11 % |
| Dec 17 | 11.2772 | 11.1960 | 11.3392 | 1.28 % |
| Dec 18 | 11.3685 | 11.3242 | 11.3958 | 0.63 % |
| Dec 19 | 11.3685 | 11.2799 | 11.4083 | 1.14 % |
| Dec 20 | 11.3321 | 11.2732 | 11.4126 | 1.24 % |
| Dec 21 | 11.3446 | 11.3026 | 11.3945 | 0.81 % |
| Dec 22 | 11.3662 | 11.3355 | 11.4139 | 0.69 % |
| Dec 23 | 11.3855 | 11.3149 | 11.4618 | 1.30 % |
| Dec 24 | 11.4413 | 11.3555 | 11.5053 | 1.32 % |
| Dec 25 | 11.3932 | 11.3602 | 11.4228 | 0.55 % |
| Dec 26 | 11.3625 | 11.2954 | 11.3920 | 0.86 % |
| Dec 27 | 11.3125 | 11.2502 | 11.3939 | 1.28 % |
| Dec 28 | 11.2570 | 11.2199 | 11.2863 | 0.59 % |
| Dec 29 | 11.2773 | 11.2378 | 11.3371 | 0.88 % |
| Dec 30 | 11.3483 | 11.2950 | 11.3881 | 0.82 % |
| Dec 31 | 11.3325 | 11.2905 | 11.4084 | 1.04 % |
| Jan 01 | 11.2407 | 11.1968 | 11.2654 | 0.61 % |
| Jan 02 | 11.2373 | 11.1935 | 11.2935 | 0.89 % |
| Jan 03 | 11.1744 | 11.1475 | 11.2269 | 0.71 % |
| Jan 04 | 11.1386 | 11.0952 | 11.1754 | 0.72 % |
| Jan 05 | 11.2255 | 11.1660 | 11.2693 | 0.93 % |
| Jan 06 | 11.2199 | 11.1963 | 11.2569 | 0.54 % |
| Jan 07 | 11.2412 | 11.1917 | 11.2715 | 0.71 % |
| Jan 08 | 11.1569 | 11.1067 | 11.2372 | 1.17 % |
| Jan 09 | 11.1904 | 11.1154 | 11.2262 | 1.00 % |
| Jan 10 | 11.1355 | 11.0932 | 11.1622 | 0.62 % |
| Jan 11 | 11.1511 | 11.1043 | 11.2225 | 1.06 % |
Target daily price USD/NOK
Target values of the USD/NOK currency pair as of 12-13-2024.
Optimistic target level: 11.3160
Pessimistic target level: 11.1970
Target values of the USD/NOK currency pair as of 12-14-2024.
Optimistic target level: 11.2542
Pessimistic target level: 11.1745
Target values of the USD/NOK currency pair as of 12-15-2024.
Optimistic target level: 11.1822
Pessimistic target level: 11.1231
Target values of the USD/NOK currency pair as of 12-16-2024.
Optimistic target level: 11.2559
Pessimistic target level: 11.1319
Target values of the USD/NOK currency pair as of 12-17-2024.
Optimistic target level: 11.3392
Pessimistic target level: 11.1960
US Dollar / Norwegian Krone (USD/NOK) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 10.9827 | 10.6790 | 11.0634 | 3.47 % |
| Feb | 10.8866 | 10.7532 | 11.0543 | 2.72 % |
| Mar | 11.0162 | 10.7540 | 11.2861 | 4.71 % |
| Apr | 10.9506 | 10.7475 | 11.0579 | 2.81 % |
| May | 11.0426 | 10.9228 | 11.2977 | 3.32 % |
| Jun | 10.9653 | 10.7811 | 11.0536 | 2.47 % |
| Jul | 11.2263 | 11.1398 | 11.4149 | 2.41 % |
| Aug | 11.3009 | 11.1704 | 11.6094 | 3.78 % |
| Sep | 11.2535 | 11.0368 | 11.4268 | 3.41 % |
| Oct | 11.4780 | 11.2972 | 11.6266 | 2.83 % |
| Nov | 11.4418 | 11.1775 | 11.5379 | 3.12 % |
| Dec | 11.5139 | 11.4172 | 11.8040 | 3.28 % |
USD/NOK forecast for this year
Forecast of the USD/NOK pair for Jan 2025
Forecast of the USD/NOK pair for Feb 2025
Forecast of the USD/NOK pair for Mar 2025
Forecast of the USD/NOK pair for Apr 2025
Forecast of the USD/NOK pair for May 2025
Forecast of the USD/NOK pair for Jun 2025
Forecast of the USD/NOK pair for Jul 2025
Forecast of the USD/NOK pair for Aug 2025
Forecast of the USD/NOK pair for Sep 2025
Forecast of the USD/NOK pair for Oct 2025
Forecast of the USD/NOK pair for Nov 2025
Forecast of the USD/NOK pair for Dec 2025
US Dollar / Norwegian Krone (USD/NOK) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 11.5260 | 11.3122 | 11.7640 | 3.84 % |
| Feb | 11.7237 | 11.5267 | 11.8714 | 2.90 % |
| Mar | 11.9329 | 11.7993 | 12.2211 | 3.45 % |
| Apr | 11.9705 | 11.6521 | 12.1507 | 4.10 % |
| May | 12.2931 | 11.9532 | 12.5986 | 5.12 % |
| Jun | 12.4265 | 12.2003 | 12.5526 | 2.81 % |
| Jul | 12.8223 | 12.6158 | 13.1230 | 3.86 % |
| Aug | 12.5485 | 12.2016 | 12.7945 | 4.63 % |
| Sep | 12.2894 | 12.1389 | 12.4528 | 2.52 % |
| Oct | 12.0743 | 11.9306 | 12.2011 | 2.22 % |
| Nov | 12.0786 | 11.9264 | 12.3195 | 3.19 % |
| Dec | 12.0997 | 11.8160 | 12.2606 | 3.63 % |
US Dollar / Norwegian Krone (USD/NOK) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 12.3030 | 12.1609 | 12.4752 | 2.52 % |
| Feb | 12.1221 | 11.9185 | 12.3512 | 3.50 % |
| Mar | 12.0330 | 11.6961 | 12.3531 | 5.32 % |
| Apr | 12.0204 | 11.8353 | 12.1214 | 2.36 % |
| May | 12.0372 | 11.8013 | 12.3700 | 4.60 % |
| Jun | 11.7255 | 11.4095 | 11.9963 | 4.89 % |
| Jul | 11.7213 | 11.4629 | 11.8239 | 3.05 % |
| Aug | 11.6270 | 11.3869 | 11.7654 | 3.22 % |
| Sep | 11.5822 | 11.2579 | 11.6836 | 3.64 % |
| Oct | 11.5376 | 11.3317 | 11.7476 | 3.54 % |
| Nov | 11.9132 | 11.7172 | 12.1008 | 3.17 % |
| Dec | 12.2634 | 11.9201 | 12.4480 | 4.24 % |