EUR/NOK
ExoticEuroNorwegian Krone
10.89655
+605.5 pips+0.56%
Bid
10.89655Ask
10.89655spread
0.0 pips24h Δ+0.56%
Price chart
Daily volatility
1.05%
0.00%2.00%
High volatility1.05%
52-week range
10.90
10.7012.01
10.6965010.8965512.01193
30-day return
+0.23%
ConsolidatingKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About EUR/NOK
The EUR/NOK pair represents the exchange rate between Euro and Norwegian Krone. This shows how many Norwegian Krones are needed to buy one Euro.
Currency converter
You send
You receive
1 EUR = 10.89655 NOK
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
12.011930
Low
10.696500
52-week range
10.89655010.69650012.011930
Low
10.696500
High
12.011930
Currency converter
You send
You receive
1 EUR = 10.89655 NOK
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
12.011930
Low
10.696500
52-week range
10.89655010.69650012.011930
Low
10.696500
High
12.011930
Frequently Asked Questions
The current EUR/NOK exchange rate is 10.8965, meaning 1 EUR equals 10.8965 NOK. The rate has increased by +0.56% in the past 24 hours.
EUR/NOK has risen by +1.13% over the last week. The monthly change is a +0.23% rise.
The current spread for EUR/NOK is 0.0000, with a bid price of 10.8965 and an ask price of 10.8965. The spread represents the transaction cost for trading this currency pair.
EUR/NOK highest rate in the last year was 12.0119, and its lowest rate was 10.6965.
The EUR/NOK exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Euro and Norwegian Krone, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.
Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.
EUR/NOK can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.
Many investors in Latin America hold hard currencies like EUR (Euro) as a hedge against local currency devaluation. If your local currency loses value relative to EUR, your holdings in EUR preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.