Home > Salary > Norway > Banking Foreign Exchange Clerk
A banking foreign exchange clerk is responsible for executing foreign currency transactions on behalf of clients. They work within the foreign exchange department of a bank or financial institution, facilitating the buying and selling of currencies to meet customer needs. Their main duties include processing transactions, ensuring accuracy of exchange rates, providing information and advice to clients, and maintaining records of all transactions. They may also be involved in monitoring market trends and analyzing currency movements to assist clients in making informed decisions.
Estimated Yearly Salary: 910,120 NOK
Estimated Monthly Salary: 75,843 NOK
Estimated Weekly Salary: 17,502 NOK per week
Estimated Hourly Salary: 438 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 73,482 NOK
Estimated Weekly Salary: 16,957 NOK per week
Estimated Hourly Salary: 424 NOK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 82,672 USD
Estimated Monthly Salary: 6,889 USD
Estimated Weekly Salary: 1,590 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 910,120 NOK
Estimated Monthly Salary: 75,843 NOK
Estimated Weekly Salary: 17,502 NOK per week
Estimated Hourly Salary: 438 NOK per hour
By working as Banking Foreign Exchange Clerk a person can save up to 3,069 USD per month or 36,827 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Estimated Yearly Salary for Banking Foreign Exchange Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Banking Foreign Exchange Clerk salary in Norway
Average Yearly Salary of Banking Foreign Exchange Clerk in Norway is approximately 910,120 NOK (82,672 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Banking Foreign Exchange Clerk do?
A banking foreign exchange clerk is responsible for executing foreign currency transactions on behalf of clients. They work within the foreign exchange department of a bank or financial institution, facilitating the buying and selling of currencies to meet customer needs. Their main duties include processing transactions, ensuring accuracy of exchange rates, providing information and advice to clients, and maintaining records of all transactions. They may also be involved in monitoring market trends and analyzing currency movements to assist clients in making informed decisions.
Skills: Banking, Foreign Exchange, Currency Transactions, Client Services, Financial Institutions, Market Analysis
Job industry: Banking
Job industry: Banking
How much does Banking Foreign Exchange Clerk make?
Salary details
How much does Banking Foreign Exchange Clerk make?Estimated Yearly Salary: 910,120 NOK
Estimated Monthly Salary: 75,843 NOK
Estimated Weekly Salary: 17,502 NOK per week
Estimated Hourly Salary: 438 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 881,782 NOKEstimated Monthly Salary: 73,482 NOK
Estimated Weekly Salary: 16,957 NOK per week
Estimated Hourly Salary: 424 NOK per hour
Last revision of data: 2024-01-03Banking Foreign Exchange Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 82,672 USD
Estimated Monthly Salary: 6,889 USD
Estimated Weekly Salary: 1,590 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in Norway.
Comparison shows that a person working as Banking Foreign Exchange Clerk in Norway earns on average:
0.93 times the average salary (or 93% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Banking Foreign Exchange Clerk job salary compared to average salary in Norway.
Comparison shows that a person working as Banking Foreign Exchange Clerk in Norway earns on average:
0.93 times the average salary (or 93% of average salary).
Is Banking Foreign Exchange Clerk a well paid job?
Yes, our data show that Banking Foreign Exchange Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Banking Foreign Exchange Clerk?
High salary for Banking Foreign Exchange Clerk would be somewhere between 1,001,132 NOK and 1,319,674 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Foreign Exchange Clerk in Norway?
Living in Norway the approximate monthly expenses are: 3,820 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 910,120 NOK
Estimated Monthly Salary: 75,843 NOK
Estimated Weekly Salary: 17,502 NOK per week
Estimated Hourly Salary: 438 NOK per hour
By working as Banking Foreign Exchange Clerk a person can save up to 3,069 USD per month or 36,827 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Banking Foreign Exchange Clerk
Sweden is 54,596 USD
Finland is 47,069 USD
Russia is 11,154 USD
Denmark is 63,518 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
National project manager (1,479,765 NOK per year, pre-tax.)
Quality control microbiologist (1,042,096 NOK per year, pre-tax.)
Associate video game producer (937,989 NOK per year, pre-tax.)
Corporate attorney (1,787,110 NOK per year, pre-tax.)
Substation technician (1,035,695 NOK per year, pre-tax.)
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