AUD/NOK

7.07689
0.49%
Daily
  • L. 7.05759
  • H. 7.11427
  • Ch. -0.0349
  • Ch.% -0.49%
Overview
Costs & Margins
  • AUD/NOK is an exotic forex pair representing how many Norwegian kroner equal one Australian dollar.

    The Australian dollar’s value is driven in part by the value of its raw commodity exports: iron, gold, coal, and petroleum. Its main trade partners include China and other Asian countries, so volatility in those markets can affect the value of AUD.

    Norway’s large oil exports make the krone a notable European commodity currency. Global oil prices can create volatility in AUD/NOK because the two oil-producing countries service different regions and produce different crude oils. Norway’s benchmark is Brent Crude and Australia’s is most often West Texas Intermediary.

  • Margin From
    7.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    -0.11
  • Short
    -0.28
  • Min Stop Distance
    0.002 points
  • Spreads
  • Spreads From
    0.00200 Points
  • Margins
  • 0 - 6400 000
    7.0 %
  • 6400 000 - 13000 000
    7.0 %
  • 13000 000 - 25000 000
    7.0 %
  • 25000 000 - 32000 000
    10.0 %
  • 32000 000 +
    30.0 %
  • Dealing
  • Spreads
    0.00200 Points
  • Margins
  • 0 - 6400 000
    7.0 %
  • 6400 000 - 13000 000
    7.0 %
  • 13000 000 - 25000 000
    7.0 %
  • 25000 000 - 32000 000
    10.0 %
  • 32000 000 +
    30.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
6.88844
Bid
6.89757
Offer
6.9032
Distance
0
Last Updated: 1/23/2023 10:00:00 PM

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