logoCLCI
Global
Approach
Currencies
Indices
SolutionResearchSubscribe
NOK postion negative correlationNOK currency diagram

NOK (kr)

Norwegian krone

NOK gauge currency diagram

Current regime

Trading the NOK between market participants and across borders is unrestricted and the market price is primarily determined without central bank intervention.

Highly standardised payment processing.

History

The NOK was introduced in 1875 to replace the Speciedaler when Norway joined the Scandinavian Monetary Union. After the demise of the union in 1914 the respective countries maintained the names of their currencies, despite the fact that they had become distinct units.

The NOK was floated in December 1992.

The NOK accounted for 1.8% of global FX turnover in April 2019.

https://www.norges-bank.no/en/

NOK gauge currency diagram
Copyright 2016-2024 CLCI Limited
Terms of use | Disclaimer