Convert Norwegian Krone to Swedish Krona
Instantly convert Norwegian Krone (kr) to Swedish Krona (kr) with our free online calculator.
Reference Table
| Norwegian Krone (kr) | Swedish Krona (kr) |
|---|---|
| 1 | 1 |
| 5 | 5 |
| 10 | 10 |
| 50 | 50 |
| 100 | 100 |
| 1000 | 1000 |
How to Convert Norwegian Krone to Swedish Krona
Live Exchange Rate Conversion
Convert Norwegian Krone (kr) to Swedish Krona (kr) using live exchange rates updated hourly. The rate reflects the current mid-market price — the most accurate reference for currency comparison.
Step-by-Step
- Open the KR to KR converter above.
- Enter the amount you want to convert in the KR (Norwegian Krone) input field.
- The converter fetches the latest exchange rate and instantly shows the equivalent value in KR (Swedish Krona).
- Use the swap button to reverse the conversion direction if needed.
About Norwegian Krone (kr)
The Norwegian Krone (NOK, ISO 4217 code 578, symbol kr) is the official currency of Norway, Svalbard, Jan Mayen, and Bouvet Island, issued by Norges Bank (est. 1816). Subdivided into 100 øre (no longer in physical circulation since 2012). Banknotes: 50 kr, 100 kr, 200 kr, 500 kr, 1000 kr (a current series featuring marine themes — lighthouses, ships, fish, the Gulf Stream — by Norwegian artist Snøhetta + Metric Design); coins: 1 kr, 5 kr, 10 kr, 20 kr. NOK is a 'commodity currency' heavily correlated with North Sea Brent crude oil prices — Norway is Western Europe's largest oil + gas producer (~2 million bpd oil, ~120 bcm/yr natural gas). Norway also holds the world's largest sovereign wealth fund — the Government Pension Fund Global (GPFG, often called 'Oil Fund') manages ~$1.6 trillion AUM as of 2024, owning ~1.5% of every public company globally. Norges Bank targets 2% CPI inflation. Norway is in EEA but not EU and has its own currency.
About Swedish Krona (kr)
The Swedish Krona (SEK, ISO 4217 code 752, symbol kr) is the official currency of Sweden, issued by the Sveriges Riksbank (est. 1668 — the world's oldest still-operating central bank, predating the Bank of England by 26 years). Subdivided into 100 öre (the 5 öre coin was last used 1972, then 25/50 öre to 2010). Banknotes: 20 kr (Astrid Lindgren), 50 kr (Evert Taube), 100 kr (Greta Garbo), 200 kr (Ingmar Bergman), 500 kr (Birgit Nilsson — the most valuable opera-soprano-featuring banknote in Europe), 1000 kr (Dag Hammarskjöld); coins: 1 kr, 2 kr, 5 kr, 10 kr. Sweden joined the EU in 1995 but voted against joining the Eurozone in a 2003 referendum (56% No). Sweden is one of the world's most cash-light societies — over 80% of transactions are cashless per Riksbank surveys, and the Riksbank operates a CBDC pilot called the e-krona (Phase 4 ongoing 2024). The Riksbank targets 2% CPI inflation per its 1993 inflation-targeting framework.
Quick Facts
- Norwegian Krone (KR) is a currency unit
- Swedish Krona (KR) is a currency unit
- Exchange rates are updated hourly from live market data
- Rates shown are mid-market (interbank) rates
- This conversion is commonly used in international travel, online shopping, and business transactions
- Use the swap button to convert KR back to KR
Understanding Norwegian Krone
The Norwegian Krone (symbol: kr) is a unit of currency. The Norwegian Krone (NOK, ISO 4217 code 578, symbol kr) is the official currency of Norway, Svalbard, Jan Mayen, and Bouvet Island, issued by Norges Bank (est. 1816). Subdivided into 100 øre (no longer in physical circulation since 2012). Banknotes: 50 kr, 100 kr, 200 kr, 500 kr, 1000 kr (a current series featuring marine themes — lighthouses, ships, fish, the Gulf Stream — by Norwegian artist Snøhetta + Metric Design); coins: 1 kr, 5 kr, 10 kr, 20 kr. NOK is a 'commodity currency' heavily correlated with North Sea Brent crude oil prices — Norway is Western Europe's largest oil + gas producer (~2 million bpd oil, ~120 bcm/yr natural gas). Norway also holds the world's largest sovereign wealth fund — the Government Pension Fund Global (GPFG, often called 'Oil Fund') manages ~$1.6 trillion AUM as of 2024, owning ~1.5% of every public company globally. Norges Bank targets 2% CPI inflation. Norway is in EEA but not EU and has its own currency.
Norwegian Krone are commonly used in international travel, online shopping, and business transactions.
Understanding Swedish Krona
The Swedish Krona (symbol: kr) is a unit of currency. The Swedish Krona (SEK, ISO 4217 code 752, symbol kr) is the official currency of Sweden, issued by the Sveriges Riksbank (est. 1668 — the world's oldest still-operating central bank, predating the Bank of England by 26 years). Subdivided into 100 öre (the 5 öre coin was last used 1972, then 25/50 öre to 2010). Banknotes: 20 kr (Astrid Lindgren), 50 kr (Evert Taube), 100 kr (Greta Garbo), 200 kr (Ingmar Bergman), 500 kr (Birgit Nilsson — the most valuable opera-soprano-featuring banknote in Europe), 1000 kr (Dag Hammarskjöld); coins: 1 kr, 2 kr, 5 kr, 10 kr. Sweden joined the EU in 1995 but voted against joining the Eurozone in a 2003 referendum (56% No). Sweden is one of the world's most cash-light societies — over 80% of transactions are cashless per Riksbank surveys, and the Riksbank operates a CBDC pilot called the e-krona (Phase 4 ongoing 2024). The Riksbank targets 2% CPI inflation per its 1993 inflation-targeting framework.
Swedish Krona are commonly used in international travel, online shopping, and business transactions.
Why Convert Norwegian Krone to Swedish Krona?
When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Norwegian Krone and Swedish Krona is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.
Frequently Asked Questions
How do I convert Norwegian Krone to Swedish Krona?
Enter any KR amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent KR value. No manual calculation is needed.
How often is the KR/KR exchange rate updated?
MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.
What is the mid-market KR/KR exchange rate?
The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.
Can I convert KR back to KR?
Yes. Use the swap button on the converter to reverse the conversion direction and calculate KR to KR instantly at the current exchange rate.
Why do I need to convert Norwegian Krone to Swedish Krona?
KR to KR conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.