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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0047 | -0.04% | 11.6216 | 11.6204 | 11.62279 | 11.63717 | 11.59949 | 11.62751 | 0 | 12:04:01 |
From Dec 2019 to Dec 2024
The Norwegian krone strengthened against the euro in the European session on Thursday, despite Norway's central bank slashing its key interest rate to a new record low.
The Executive Board of the Norges Bank reduced the key policy rate by 25 basis points to 0.50 percent. The decision was in line with economists' expectations.
Against the euro, the krone rose to a 3-day high of 9.3708 from an early low of 9.4944. At yesterday's close, the krone was trading at 9.4795 against the euro.
If the krone extends its uptrend, it is likely to find resistance around the 9.25 area.
1 Year Euro vs NOK Chart |
1 Month Euro vs NOK Chart |
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