Norway Foreign Exchange Reserves

Norway · Monthly series · EC-NO-FER

Latest, October 2026

819.36B NOK

-4.1% from September 2026

Open interactive chartNorway Foreign Exchange Reserves in the app

1.003T753.6B504.5BNovember 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 830.90B NOK, with an 80% interval of 657.86B NOK to 1.00T NOK.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026823.02B NOK783.40B NOK863.79B NOK
December 2026823.31B NOK754.08B NOK896.33B NOK
January 2027824.88B NOK771.59B NOK879.67B NOK
February 2027825.99B NOK778.95B NOK873.77B NOK
March 2027826.48B NOK764.59B NOK889.40B NOK
April 2027827.23B NOK751.83B NOK903.02B NOK
May 2027827.85B NOK731.00B NOK924.77B NOK
June 2027828.18B NOK763.50B NOK894.76B NOK
July 2027828.90B NOK759.07B NOK898.69B NOK
August 2027829.32B NOK719.98B NOK936.62B NOK
September 2027830.65B NOK701.84B NOK958.55B NOK
October 2027830.90B NOK657.86B NOK1.00T NOK

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
-4%Matches the no-change baseline over 12 tests (12 tests, 4 won)
Direction
45%No clear edge over a coin flip (65 of 144 calls right in 12 tests)
Turning points
27 of 66Anticipated some turns (66 turns in 12 tests, 0 without a turn)
Error vs baseline
4% higherError ratio 1.04; 1.00 is a tie.
Tests won
4 / 12Complete rolling backtests; ties count as no win.
Test period
2014-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
83%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 64% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026819.36B NOK
September 2026854.69B NOK
August 2026847.31B NOK
July 2026855.28B NOK
June 2026905.03B NOK
May 2026865.28B NOK
April 2026862.51B NOK
March 2026874.32B NOK
February 2026854.51B NOK
January 2026845.60B NOK
December 2025862.23B NOK
November 2025878.63B NOK
October 2025882.20B NOK
September 2025902.40B NOK
August 2025913.97B NOK
July 2025933.37B NOK
June 2025942.52B NOK
May 2025936.41B NOK
April 2025945.06B NOK
March 2025930.18B NOK
February 2025980.50B NOK
January 2025959.96B NOK
December 2024922.51B NOK
November 2024947.92B NOK

Source

Data: public market data feeds.

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