Date Wizard Logo

Want to calculate dates? Try Date Wizard!

Currency.Wiki
Updated 2 minutes ago
 NOK =
    JPY
 Norwegian Krone =  Japanese yen
Trending: Nkr exchange rates for the last 24 hours
  • NOK/USD 0.088962 -0.00126815
  • NOK/EUR 0.086210 0.00122074
  • NOK/JPY 13.556626 -0.39835734
  • NOK/GBP 0.071760 0.00091711
  • NOK/CHF 0.080968 0.00136792
  • NOK/MXN 1.832339 -0.02619658
  • NOK/INR 7.792304 0.17726997
  • NOK/BRL 0.518115 -0.00069251
  • NOK/CNY 0.650135 -0.00246428

NOK/JPY exchange rate analysis over the past 90 days

Norwegian Krone to Japanese Yen exchange rate: Over the last 90 days, the Norwegian Krone weakened by -2.94% against the Japanese Yen, declining from ¥13.9550 to ¥13.5566 per Norwegian Krone. This trend reflects the evolving economic dynamics between the Norway, Svalbard and Jan Mayen, Bouvet Island and the Japan. Factors contributing to this weakening may include:

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

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.

¥

Japanese Yen Currency

Country: Japan

Symbol: ¥

ISO Code: JPY

Bank: Bank of Japan

Interesting fact about Japanese Yen

The Japanese Yen (JPY) is the official currency of Japan. Introduced in 1871, it has a long history tied to Japan's economic growth. The JPY is widely used in international trade and is considered a safe-haven currency. It plays a crucial role in Japan's exports, imports, and domestic market, contributing to its status as the third-largest economy globally.

Quick Conversion Guide

Frequently Asked Questions

+
The Norwegian Krone to Japanese Yen 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 NOK to JPY is ¥13.56.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Norwegian Krone to Japanese Yen 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.