NOK/JPY

12.837
0.26%
Daily
  • L. 12.7563
  • H. 12.9551
  • Ch. 0.033
  • Ch.% 0.26%
Overview
Costs & Margins
  • NOK/JPY is an exotic forex pair representing the exchange rate of Norwegian kroner to Japanese yen. The value of NOK/JPY measures how many yen equal one krone.

    The krone is influenced in the short term by monetary policy from the Norges Bank and the interest rate differential with other countries. The price of oil, one of Norway’s top exports, is a long-term influence on the currency.

    Japan’s economy is unique because of its declining population and the low interest rates set by the Bank of Japan. Its top exports are cars, individual motor vehicle parts and accessories, and integrated circuits.

  • Margin From
    7.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
    1000
  • Long
    -0.13
  • Short
    -0.28
  • Min Stop Distance
    0.006 points
  • Spreads
  • Spreads From
    0.0060 Points
  • Margins
  • 0 - 39000 000
    7.0 %
  • 39000 000 - 77000 000
    7.0 %
  • 77000 000 - 150000 000
    7.0 %
  • 150000 000 - 190000 000
    10.0 %
  • 190000 000 +
    30.0 %
  • Dealing
  • Spreads
    0.0060 Points
  • Margins
  • 0 - 39000 000
    7.0 %
  • 39000 000 - 77000 000
    7.0 %
  • 77000 000 - 150000 000
    7.0 %
  • 150000 000 - 190000 000
    10.0 %
  • 190000 000 +
    30.0 %

Pivot points
Dailys
Weekly
Monthly
Pivot point
13.2283
Bid
13.2721
Offer
13.2851
Distance
0
Last Updated: 1/24/2023 10:00:00 PM

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