Norwegian kroner exchange rates seem to reflect the general economic character of this Scandinavian monarchy that was once the home of the frightening Vikings. The second least densely populated country in the Scandinavian Spur, Norway is as wealthy as it is progressive. It enjoys abundant natural resources, one of the lowest jobless rates in the world, and a rare trade surplus. Norway's economy is on a roll, the cheerful product of the nations wealth wisely administered by a highly trained economy.
This shows in the Norwegian krone, which has steadily continued to perform strongly against the British sterling since last year. The current exchange rate is 0.112. 100 Norwegian kroner amount to 11.20 pounds, and 100 pounds converts to 892.86 kroner. Precisely one year gone the rate was 0.106, so the Norwegian krone has increased in price over the past year by a mean of around 6 p.c. Last year you could have purchased 100 kroner for only 10.60 pounds and saved 60-pence off of today's conversion rate. This is not so excellent news for the UK traveller looking to buy norwegian kroner online.
Nevertheless a visit to the land of the Vikings now will definitely be a delightful and remarkable experience. The spotless beauty of the land, the crisp clean air, and the old fashioned small cities are too good to pass up. The Vigelandsparken in Oslo and its collection of imposing sculptures by Gustav Vigeland is a must see, as are the Vikingship Museum and the Royal Palace. With tons of things worth doing and sights to see, a Norway vacation will certainly be great fun and noteworthy.
Based primarily on the Norwegian kroner's superb performance over the past year, and given this trend will likely continue on for some time still, now is probably as good a time as any to book that holiday. If the Nordic economy continues to enhance (and there isn't any indication that it won't), then the Norwegian kroner will further grow strong and by next year the currency rates will be rather more unfavourable than they are today.
If you choose to bite the bullet and plan to go on that Viking vacation shortly, there are a couple of things you can do to help you realize some benefit from Norwegian kroner exchange rates.
1. Plan your trip punctiliously and forecast expenses. Naturally your budget won't be cast in stone, and you should be expecting things to drastically change as your holiday advances on. But setting a pragmatic budget will help you avoid the unpleasant surprises that tend to turn up during overseas holidays.
2. Buy enough Norwegian kroner even before you leave for Norway. This will allow you to choose the most acceptable rates and give you money for tips, taxis and eats when you get there.
3. Don't change your money at airfield terminal kiosks and foreign exchange counters. The rates are really bad and they tend to charge particularly high service costs.
4. Look for bank ATMs that service international banks. Exchange rates tend to be better and service charges are way more reasonable. Just keep your transactions small so you can keep service fees low.
This shows in the Norwegian krone, which has steadily continued to perform strongly against the British sterling since last year. The current exchange rate is 0.112. 100 Norwegian kroner amount to 11.20 pounds, and 100 pounds converts to 892.86 kroner. Precisely one year gone the rate was 0.106, so the Norwegian krone has increased in price over the past year by a mean of around 6 p.c. Last year you could have purchased 100 kroner for only 10.60 pounds and saved 60-pence off of today's conversion rate. This is not so excellent news for the UK traveller looking to buy norwegian kroner online.
Nevertheless a visit to the land of the Vikings now will definitely be a delightful and remarkable experience. The spotless beauty of the land, the crisp clean air, and the old fashioned small cities are too good to pass up. The Vigelandsparken in Oslo and its collection of imposing sculptures by Gustav Vigeland is a must see, as are the Vikingship Museum and the Royal Palace. With tons of things worth doing and sights to see, a Norway vacation will certainly be great fun and noteworthy.
Based primarily on the Norwegian kroner's superb performance over the past year, and given this trend will likely continue on for some time still, now is probably as good a time as any to book that holiday. If the Nordic economy continues to enhance (and there isn't any indication that it won't), then the Norwegian kroner will further grow strong and by next year the currency rates will be rather more unfavourable than they are today.
If you choose to bite the bullet and plan to go on that Viking vacation shortly, there are a couple of things you can do to help you realize some benefit from Norwegian kroner exchange rates.
1. Plan your trip punctiliously and forecast expenses. Naturally your budget won't be cast in stone, and you should be expecting things to drastically change as your holiday advances on. But setting a pragmatic budget will help you avoid the unpleasant surprises that tend to turn up during overseas holidays.
2. Buy enough Norwegian kroner even before you leave for Norway. This will allow you to choose the most acceptable rates and give you money for tips, taxis and eats when you get there.
3. Don't change your money at airfield terminal kiosks and foreign exchange counters. The rates are really bad and they tend to charge particularly high service costs.
4. Look for bank ATMs that service international banks. Exchange rates tend to be better and service charges are way more reasonable. Just keep your transactions small so you can keep service fees low.
About the Author:
Heather Lindsay owns homes in the UK and Norway - so she is extraordinarily interested in Kroner/Sterling exchnage rates. She mostly likes to transfer money using FairFX.
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