USD/NOK FX rate, up until May 7, 2024
The amount of Norwegian kroner that could be bought with a single dollar increased steeply in 2022, as a consequence of the strong dollar. As of May 7, 2024, the exchange rate reached approximately 10.92 Norwegian kroner per dollar. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different than an annual measure at point in time, which reflects concrete values as of end of the year.