Send money from Norway to Philippines

Highest remittance rate for converting 1 NOK to PHP = 5.48

Best way to send money from Norway to Philippines

Many people fail when it comes to finding the best way to send money from Norway to Philippines because of one thing; poor research. At Exchange Rate IQ, we handle the research part for you by providing a well-analyzed comparison of some of the best services to use when transferring money to the Philippines. We go further to provide you with tips on how to save much on your transfer.

Many people are stuck between options when it comes to sending money from Norway to Philippines because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

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Country Guide - Philippines

5.72

Mid Market Rate

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5.72

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee øre 29.9) øre 529.9
Receiving Amount
₱ 2905
Realized Exchange Rate
5.48
remitly NOK to PHP Exchange Rate
5.81
Best Value

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Transfer Time :
Remitly is a one of the safest & leading money transfer service provider for sending money from Norway to Philippines for sending amount 500. Today’s Remitly exchange rate for sending money from NOK to PHP is 5.81 with a øre 29.9 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 5.48. The pay in options available are Creditcard, Debitcard, also you can receive money using Bank, at multiple Remitly partner locations. The transfer time usually range between . For more detailed review of Remitly click here
Pay-In
Pay-Out
You Pay (Includes Fee øre 24.42) øre 500
Receiving Amount
₱ 2718.8909
Realized Exchange Rate
5.18
transferwise NOK to PHP Exchange Rate
5.717
5.47% vs Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from Norway to Philippines for sending amount 500. Today’s Transferwise exchange rate for sending money from NOK to PHP is 5.717 with a øre 24.42 fee. Based on the Exchange Rate IQ calculations it offers 5.47% less than the best value for your money transfer. The realized exchange rate after considering the fees is 5.18. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

More Available Options

You can check rates of some more providers that may support your country
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
With Xendpay you get the best deal and make a big difference with every transfer
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

NOK to PHP - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from Norway to Philippines after comparison?
  • With our real-time comparison on sending money from Norway to Philippines ,
      we have found Remitly remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Remitly, 5.48 ) .
  • To remit money in the bank account of Philippines, best companies is ( Remitly, 5.48 ).
  • Current money transfer offeres/promotions are available with money transfer services.
  • For quick money transfer from Norway to Philippines with agent service is Remitly with exchange rate 5.48.
  • Available pay in when sending money from Norway to Philippines Creditcard, Debitcard, Bank.
  • Available pay out when sending money from Norway to Philippines Bank.
  • Other options to transfer money from Norway to Philippines are Moneygram, Xendpay, Worldremit, Skrill, Westernunion .
  • The comparison result was last updated on Mar 08, 2021.
  • For the latest comparison result of Norway to Philippines, Please visit ExchangeRate IQ regularly.

About Norway and the Philippines

The relationship between Norway and the Philippines goes a long way hence money transfer between these two countries is nothing new. Today, millions of money is transferred from Norway to the Philippines by migrants who need to support their families. Nevertheless, there there are so many other reasons for sending money to the Philippines.

Cheap way to send money from Norway to Philippines

As stated, there are so many ways of sending money from Norway to Philippines however, no one wants to use an expensive service. There are three main ways through which you can complete your transfer without spending too much. They include;

Cash pick up services: You most probably must have heard of Western Union or MoneyGram. These are the giants in the cash delivery industry and have been around even before technology as part of money transfer. One thing for sure, cash delivery services are not cheap and that is because their services usually are instant. It is, therefore, safe to say that they are one of the fastest ways to send money from Norway to Philippines. Although the receiver goes to pick the money at a designated pick up point, the sender has the option of initiating a transfer using apps like the Western Union App.

Bank transfer: you can always make direct deposits to a bank account in the Philippines and complete your NOK to PHP exchange. Banks have for a long time been trusted for international money transfer services. Thanks to mobile banking, completing a cross-border transfer does not mean going to the bank to join a long queue. You can easily complete a bank transfer from Norway to the Philippines by performing a short scroll on your phone. When using bank transfer to send money, you will want to take note of the provided exchange rates. That way, you can avoid spending more.

Online money transfer: sending money online is one of the newest and most efficient ways to send money anywhere. The main reason why online is the best way to send money from Norway to Philippines is that it is cheaper and offers more to the user. Nevertheless, some money apps even allow you to make transactions straight from your bank account or smart cards. With so many cash transfer apps today, it is important that you be careful when choosing. On our platform, we present you with a few of these services that have received thousands of five-star ratings. Some include; Remitly, Ria, XE Money, TransferWise, and CurrencyFare.

Things to consider when sending money from Norway to Philippines

If you want to successfully send money from Norway to Philippines, there are a couple of factors that you need to confirm. They include;

Cost of service; Knowing how much a money transfer service is charging to send money from Norway to Philippines will go a long way to ensure that you complete your transfer without breaking your budget. At ERIQ, we include this information in our analysis so that you can easily compare the service cost of different services on one page.

Service duration: knowing how long service is also important when making your decision. That is because you will know which service is the best for emergencies and which one is favorable for non-instant transfers. One thing that you will discover with most services is that the fastest way to send money from Norway to Philippines is a little expensive.

Exchange rate offered: if you understand how the exchange market works, you can take advantage if that information to help you curb unnecessary costs. Some international money transfer services are slow to update their exchange rates and this can be a disadvantage if you are not updated. You find out the updated exchange rates as offered by various providers here at Exchange Rate IQ.

Service availability in the Philippines: Always work with a service that is available in both country if you don’t want to experience problems with your transfer. This is one of the main reasons why online cash transfer services are winning.

Historical Mid Market Exchange Rate From Norway Krone (NOK) to Peso (PHP) (Weekly)

Current Exchange Rate(Mid Market) :- 5.72 PHP/NOK

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion NOK To PHP

Send Norway Krone To PHILIPPINES Receive Peso
1 NOK TO PHP 5.72
50 NOK TO PHP 286
100 NOK TO PHP 572
250 NOK TO PHP 1430
500 NOK TO PHP 2860
1000 NOK TO PHP 5720
5000 NOK TO PHP 28600
10000 NOK TO PHP 57200
Send Peso Receive Norway Krone From PHILIPPINES
1 PHP FROM NOK --
50 PHP FROM NOK --
100 PHP FROM NOK --
250 PHP FROM NOK --
500 PHP FROM NOK --
1000 PHP FROM NOK --
5000 PHP FROM NOK --
10000 PHP FROM NOK --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate NOK to PHP

Company Name Live Exchange Rate
XE Money Transfer ₱ 5.72
Remitly ₱ 5.81
Transferwise ₱ 5.72
USD

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