Currencies · Norway
USD/NOK forecast
US dollar to Norwegian krone exchange rate: NOK per 1 USD
Model run: Sep 28, 2026 · TimesFM 2.5
3 months forecast · Dec 2026
9.5273
Median forecast · p10-p90: 9.0673 to 10.1622
6 months forecast · Mar 2027
9.4816
Median forecast · p10-p90: 8.8690 to 10.3912
12 months forecast · Sep 2027
9.4659
Median forecast · p10-p90: 8.5874 to 10.7492
Latest observed: 9.4973 · Sep 25, 2026
Choose a horizon
The median and range update together.
History & forecast
White: observed history. Blue: forecast median. Shaded: p10-p90 model range.
All values in NOK per 1 USD
Model validation
| Horizon | Tests | Model errorModel | No-change errorNo change | Band coverageCoverage |
|---|---|---|---|---|
| 3 months | 57 | 0.4034 | 0.3865 | 89.5% |
| 6 months | 54 | 0.5267 | 0.4833 | 88.9% |
| 12 months | 48 | 0.7366 | 0.7346 | 95.8% |
A simple no-change forecast had lower or equal average error at every horizon in these tests. Rolling backtests of this model on the latest revised history; overlapping forecast errors are not independent. The p10-p90 band is a model range, not a calibrated guarantee. Methodology · Forecast audit
Evidence & context
Source data
Source & observed data
| Date | Value | Change |
|---|---|---|
| Sep 25, 2026 | 9.4973 | −0.17% |
| Sep 24, 2026 | 9.5135 | +0.24% |
| Sep 23, 2026 | 9.4903 | +0.37% |
| Sep 22, 2026 | 9.4552 | +0.16% |
| Sep 21, 2026 | 9.4403 | +0.15% |
| Sep 18, 2026 | 9.4262 | +0.03% |
| Sep 17, 2026 | 9.4235 | +0.77% |
| Sep 16, 2026 | 9.3517 | +0.09% |
| Sep 15, 2026 | 9.3432 | +0.28% |
| Sep 14, 2026 | 9.3167 | +0.37% |
Sources & limits
Source: FRED, Federal Reserve Bank of St. Louis · DEXNOUS. Methodology · Forecast audit
Historical context
Outside the model
What could change this forecast?
A small, dated reading list. TimesFM sees the data series, not these stories. This context is not a trading signal.
No recent item selected for this series. We would rather leave this quiet than fill it with a weak match.
Selected for relevance, not a claim of causation. Source dates stay visible. Original reporting remains with its publisher.