Currency.Wiki
Updated 7 minutes ago
 NOK =
    CNY
 Norwegian Krone =  Chinese Yuan
Trending: Nkr exchange rates for the last 24 hours
  • NOK/USD 0.088338 -0.00700306
  • NOK/EUR 0.084705 -0.00073088
  • NOK/JPY 13.820108 0.08482975
  • NOK/GBP 0.070272 -0.00134765
  • NOK/CHF 0.078964 -0.00217578
  • NOK/MXN 1.773951 -0.07420617
  • NOK/INR 7.504573 -0.45466212
  • NOK/BRL 0.537628 0.01305349
  • NOK/CNY 0.644553 -0.02778611

NOK/CNY exchange rate analysis over the past 90 days

Norwegian Krone to Chinese Yuan exchange rate: Over the last 90 days, the Norwegian Krone weakened by -4.31% against the Chinese Yuan, declining from CN¥0.6723 to CN¥0.6446 per Norwegian Krone. This trend reflects the evolving economic dynamics between the Norway, Svalbard and Jan Mayen, Bouvet Island and the China. Factors contributing to this weakening may include:

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

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

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.

CN¥

Chinese Yuan Currency

Country: China

Symbol: CN¥

ISO Code: CNY

Bank: People's Bank of China

Interesting fact about Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, issued by the People's Bank of China. It was first introduced in 1948 and has since undergone several reforms to become more market-oriented. The Yuan is significant in China as it plays a crucial role in the country's economic growth and global trade, and it serves as a symbol of China's economic power and influence in the international marketplace.

Quick Conversion Guide

Frequently Asked Questions

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The Norwegian Krone to Chinese Yuan exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 NOK to CNY is CN¥0.64.
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Yes, our site provides historical charts that show the trends and fluctuations in the Norwegian Krone to Chinese Yuan exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.