Course Norwegian Krone

Current average rate NOK

Current rate NOK/PLN: 4,2520

Range:

24 hours

Week

Month

3 months

6 months

1 year

5 years

Since 2000

Chart type:

Line chart

Bar chart

Candlestick chart

Set up a rate notification NOK/PLN

How is the average Norwegian krone exchange rate calculated at the National Bank of Poland?

The National Bank of Poland determines the average NOK exchange rate based on wholesale market quotations and publishes it as a reference value. It is a tool for settlements and analyses, not a retail transaction price. In practice, exchange rates at currency exchange offices and banks will include the spread and service costs, and for NOK, offers may vary depending on currency availability.

What is the current NOK to PLN exchange rate?

NOK/PLN may react to changes in global markets and mood swings. When checking the rate, determine whether you are looking at the reference value (NBP), market quotations, or bid and offer rates with a built-in spread. For NOK, differences in the spread can be greater than for the most popular currencies, so comparing offers can be particularly important.

What is the difference between the Norwegian krone exchange rate from the National Bank of Poland and the exchange rate at currency exchange offices?

The NBP exchange rate is averaged and published periodically, and currency exchange offices update prices depending on demand and supply and add a margin. What is also important for NOK is that in retail pricing is more dependent on the availability of the currency, which translates into the width of the range. Therefore, the reference rate does not show the conditions of the actual transaction.

How to check the current NOK exchange rate online?

The safest way is to compare two types of data: the reference rate (e.g. NBP table) and market quotations. If you are planning an exchange, also verify the buying and selling rates at the place you will use. In NOK, it is worth paying attention to the spread, because it can vary significantly between offers.

What does the buying and selling rate for Norwegian krone mean?

The buy rate refers to the customer's sale of NOK and the sell rate refers to the customer's purchase of NOK. Spread is the cost that most often determines how much you lose when exchanging instantly. In NOK, the ranges may be wider if the institution updates its price list less frequently or has limited availability of the currency.

What does the NOK exchange rate against the Polish zloty depend on?

In addition to typical factors such as interest rates or inflation, economic conditions in Norway and the mood on European markets are also important for NOK. Local data from Poland and risk perception in the region also count in pairs with PLN. Sentiment fluctuations can quickly translate into NOK's valuation.

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