EUR/NOK

View indicative pricing and leverage information for EUR/NOK.

Price Chart

EUR/NOK chart

Price 10.878045
Change % -0.17%
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EUR/NOK market insights

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EUR/NOK overview

Overview
Costs & Margins

  • EUR/NOK is an exotic forex pair representing how many Norwegian kroner equal one euro. The value of this currency pair is strongly correlated to changes in oil prices and interest rates in both Norway and the eurozone.

    Crude oil and natural gas are the main exports of Norway, shipped mainly to neighboring countries such as Germany, Netherlands, and Sweden. Disruptions to international financial markets can also affect the EUR/NOK exchange rate because of the turbulence they cause oil markets.

    The krone is highly correlated to both the Danish krone and Swedish krona. All three currencies are commonly accepted when making payments in these neighboring Scandinavian countries.

  • Margin From
    5.0 %
  • Trading Hours
    24 hours a day, 7 days a week
  • Min Trade Size
    1000
  • Long
    -0.73
  • Short
    0.24
  • Min Stop Distance
    0.0 Points
  • Guaranteed Order Minimum
    100.0 Points
  • Spreads
  • Spreads From
    0.00250 Points
  • Margins
  • 0 - 17000 000
    5.0 %
  • 17000 000 - 22000 000
    10.0 %
  • 22000 000 +
    30.0 %
  • Dealing
  • Spreads
    0.00250 Points
  • Guaranteed Order Min Distance
    100.0 Points
  • Margins
  • 0 - 17000 000
    5.0 %
  • 17000 000 - 22000 000
    10.0 %
  • 22000 000 +
    30.0 %

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Trading screen on FOREX.com showing EUR/USD trading chart with market headlines