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. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.99 5.99 9.84 4.66 5.96 | 2014/05 1972 - 2014 Daily

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Norwegian Krone
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Government Bond 10Y 2.76 2014-04-17 2.83 13.02 1.66 2.80 2014-05-31 Percent [+]
Currency 5.99 2014-04-18 5.99 9.84 4.66 5.96 2014-05-31 [+]
Stock Market 550.53 2014-04-17 561.95 565.16 14.84 542.44 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 Imports at 46324.95 NOK Million  
Imports in Norway increased to 46324.95 NOK Million in March of 2014 from 43176.23 NOK Million in February of 2014. Imports in Norway is reported by the Statistics Norway.
Norway Exports at 77734.39 NOK Million  
Exports in Norway increased to 77734.39 NOK Million in March of 2014 from 77023.62 NOK Million in February of 2014. Exports in Norway is reported by the Statistics Norway.
Norway Balance of Trade at 31409.44 NOK Million  
Norway recorded a trade surplus of 31409.44 NOK Million in March of 2014. Balance of Trade in Norway is reported by the Statistics Norway.
Norway Crude Oil Production at 1477.00 Thousands Barrels per Day  
Crude Oil Production in Norway increased to 1477 Thousands Barrels per Day in October of 2013 from 1395 Thousands Barrels per Day in September of 2013. Crude Oil Production in Norway is reported by the U.S. Energy Information Administration.
Norway New Orders at 137.00 Index Points  
New Orders in Norway increased to 137 Index Points in the fourth quarter of 2013 from 112.90 Index Points in the third quarter of 2013. New Orders in Norway is reported by the Statistics Norway.
Norway Personal Savings at 23512.00 NOK Million  
Personal Savings in Norway increased to 23512 NOK Million in the fourth quarter of 2013 from 22621 NOK Million in the third quarter of 2013. Personal Savings in Norway is reported by the Statistics Norway.
Norway Productivity at 109.99 Index Points  
Productivity in Norway increased to 109.99 Index Points in the fourth quarter of 2013 from 109.89 Index Points in the third quarter of 2013. Productivity in Norway is reported by the Statistics Norway.
Norway Producer Prices at 247.30 Index Points  
Producer Prices in Norway decreased to 247.30 Index Points in March of 2014 from 254.60 Index Points in February of 2014. Producer Prices in Norway is reported by the Statistics Norway.
Norway Producer Prices Change at 0.08 Percent  
Producer Prices in Norway increased 0.08 percent in March of 2014 over the same month in the previous year. Producer Prices Change in Norway is reported by the Statistics Norway.
Norway Terms of Trade at 108.85 Index Points  
Terms of Trade in Norway decreased to 108.85 Index Points in the fourth quarter of 2013 from 109.27 Index Points in the third quarter of 2013. Terms of Trade in Norway is reported by the Statistics Norway.
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LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
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