Currency.Wiki
Updated 5 minutes ago
 BRL =
    NOK
 Brazilian Real =  Norwegian Kroner
Trending: R$ exchange rates for the last 24 hours
  • BRL/USD 0.164312 -0.01743871
  • BRL/EUR 0.157515 -0.00535160
  • BRL/JPY 25.707358 -0.47630843
  • BRL/GBP 0.130754 -0.00577472
  • BRL/CHF 0.146876 -0.00780256
  • BRL/MXN 3.299540 -0.22361596
  • BRL/INR 13.958679 -1.21407320
  • BRL/CNY 1.198883 -0.08280184

BRL/NOK exchange rate analysis over the past 90 days

Brazilian Real to Norwegian Krone exchange rate: Over the last 90 days, the Brazilian Real weakened by -2.46% against the Norwegian Krone, declining from Nkr1.9063 to Nkr1.8605 per Brazilian Real. This trend reflects the evolving economic dynamics between the Brazil and the Norway, Svalbard and Jan Mayen, Bouvet Island. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Brazil and Norway, Svalbard and Jan Mayen, Bouvet Island.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Brazil and Norway, Svalbard and Jan Mayen, Bouvet Island.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Brazil or Norway, Svalbard and Jan Mayen, Bouvet Island.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Brazil relative to the Norway, Svalbard and Jan Mayen, Bouvet Island.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

R$

Brazilian Real Currency

Country: Brazil

Symbol: R$

ISO Code: BRL

Bank: Central Bank of Brazil

Interesting fact about Brazilian Real

The Brazilian Real (BRL) is the official currency of Brazil. It was first introduced in 1994 to replace the Brazilian Cruzeiro. The Real plays a significant role in Brazil's economy as it helps facilitate trade and commerce within the country. It is subject to fluctuations in foreign exchange markets and affects the purchasing power of Brazilians.

Nkr

Norwegian Krone Currency

Country: Norway, Svalbard and Jan Mayen, Bouvet Island

Symbol: Nkr

ISO Code: NOK

Bank: Bank Norwegian AS

Interesting fact about Norwegian Krone

The Norwegian Krone (NOK) is the official currency of Norway, Svalbard, and Jan Mayen, and is also accepted in Bouvet Island. It was introduced in 1875, replacing the former Norwegian speciedaler. The Krone is symbolized by "kr" and is regulated by the Central Bank of Norway. It holds a significant role in the economy of Norway, providing stability and facilitating financial transactions in these regions.

Quick Conversion Guide

Frequently Asked Questions

+
The Brazilian Real to Norwegian Krone exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 BRL to NOK is Nkr1.86.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Brazilian Real to Norwegian Krone exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.