Norwegian Krone

The Norwegian Krone remained unchanged at 5.99 in April from 5.99 in March of 2014. Norwegian Krone averaged 6.55 from 1972 until 2014, reaching an all time high of 9.84 in February of 1985 and a record low of 4.66 in October of 1978. The USDNOK spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the NOK. While the USDNOK spot exchange rate is quoted and exchanged in the same day, the USDNOK forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Norwegian Krone - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.99 5.99 9.84 4.66 5.95 | 2014/05 1972 - 2014 Daily

TO

Norwegian Krone
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Government Bond 10Y 2.80 2014-04-22 2.83 13.02 1.66 2.68 2014-05-31 Percent [+]
Currency 5.99 2014-04-23 5.99 9.84 4.66 5.95 2014-05-31 [+]
Stock Market 561.13 2014-04-22 561.95 565.16 14.84 550.64 2014-05-31 Index points [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Norway Current Account at 80480.00 NOK Million  
Norway recorded a Current Account surplus of 80480 NOK Million in the fourth quarter of 2013. Current Account in Norway is reported by the Statistics Norway.
Norway Inflation Rate at 2.00 Percent  
The inflation rate in Norway was recorded at 2 percent in March of 2014. Inflation Rate in Norway is reported by the Statistics Norway.
Norway Bankruptcies at 412.00 Companies  
Bankruptcies in Norway decreased to 412 Companies in February of 2014 from 418 Companies in January of 2014. Bankruptcies in Norway is reported by the Statistics Norway.
Norway Business Confidence at 8.00  
Business Confidence in Norway increased to 8 in the fourth quarter of 2013 from 5.60 in the third quarter of 2013. Business Confidence in Norway is reported by the Statistics Norway.
Norway Capacity Utilization at 79.60 Percent  
Capacity Utilization in Norway increased to 79.60 percent in the fourth quarter of 2013 from 79.50 percent in the third quarter of 2013. Capacity Utilization in Norway is reported by the Statistics Norway.
Norway Car Registrations at 15374.00 Cars  
Car Registrations in Norway increased to 15374 Cars in March of 2014 from 14767 Cars in February of 2014. Car Registrations in Norway is reported by the Statistics Norway.
Norway Changes in Inventories at 34849.00 NOK Million  
Changes in Inventories in Norway increased to 34849 NOK Million in the fourth quarter of 2013 from 29580 NOK Million in the third quarter of 2013. Changes in Inventories in Norway is reported by the Statistics Norway.
Norway Consumer Price Index (CPI) at 136.10 Index Points  
Consumer Price Index (CPI) in Norway increased to 136.10 Index Points in March of 2014 from 135.80 Index Points in February of 2014. Consumer Price Index (CPI) in Norway is reported by the Statistics Norway.
Norway Consumer Spending at 298598.00 NOK Million  
Consumer Spending in Norway increased to 298598 NOK Million in the fourth quarter of 2013 from 297542 NOK Million in the third quarter of 2013. Consumer Spending in Norway is reported by the Statistics Norway.
Norway Core Consumer Prices at 126.90 Index Points  
Core Consumer Prices in Norway increased to 126.90 Index Points in March of 2014 from 126.30 Index Points in February of 2014. Core Consumer Prices in Norway is reported by the Statistics Norway.
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