EURNOK
Market is open. Closes in 109h 31m
Euro vs Norwegian Krone
11.68051
-0.0538
(-0.46%)
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
181.9 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.5% |
|
Long swap, points
|
-161.16 |
|
Short swap, points
|
-46.68 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
EUR |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 109h 31m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
Description
The EURNOK currency pair reflects the exchange rate between the euro (EUR) and the Norwegian krone (NOK). It shows how many Norwegian kroner are needed to purchase one euro and is classified as a minor currency pair.
Factors influencing EURNOK:
- Oil prices: As a major oil exporter, Norway’s economy – and the NOK – are heavily influenced by oil price movements.
- Monetary policy: Interest rate decisions by the European Central Bank (ECB) and Norges Bank.
- Economic performance: Data such as GDP, inflation, and employment from both the Eurozone and Norway.
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