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| Name | Symbol | Market | Type |
|---|---|---|---|
| Euro vs Norwegian Krone | FX:EURNOK | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0027 | -0.02% | 11.6236 | 11.6211 | 11.6261 | 11.6379 | 11.59949 | 11.62814 | 0 | 21:27:53 |
From Dec 2019 to Dec 2024
The Norwegian krone weakened against the euro in the early European session on Monday, after data showed that the nation's core consumer prices rose less than expected in April.
Data from Statistics Norway showed that Norway's core inflation eased to 2.1 percent in April from 2.3 in the preceding month. The consumer price index rose 2.0 percent year-over-year in April, the same rate of increase as in the previous month. In an another report, the statistical office announced that producer prices declined 5.6 percent in April from the previous year, but slower than March's 6.1 percent decrease. Prices have been falling since July last year.
Against the euro, the krone fell to a 4-day low of 8.4301 from an early high of 8.3646. At Friday's close, the krone was trading at 8.3814 against the euro.
If the krone extends its downtrend, it is likely to find support around the 8.70 area.
1 Year Euro vs NOK Chart |
1 Month Euro vs NOK Chart |
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