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Currency.Wiki
Updated 1 minute ago
 NOK =
    SEK
 Norwegian Krone =  Swedish Kronor
Trending: Nkr exchange rates for the last 24 hours
  • NOK/USD 0.088954 -0.00302426
  • NOK/EUR 0.085680 0.00048005
  • NOK/JPY 13.632222 -0.45680851
  • NOK/GBP 0.071297 0.00045231
  • NOK/CHF 0.080482 0.00020424
  • NOK/MXN 1.822331 0.00060364
  • NOK/INR 7.750456 -0.00393292
  • NOK/BRL 0.512349 -0.01123789
  • NOK/CNY 0.647897 -0.00911343

NOK/SEK exchange rate analysis over the past 90 days

Norwegian Krone to Swedish Krona exchange rate: Over the last 90 days, the Norwegian Krone weakened by -0.77% against the Swedish Krona, declining from Skr0.9832 to Skr0.9757 per Norwegian Krone. This trend reflects the evolving economic dynamics between the Norway, Svalbard and Jan Mayen, Bouvet Island and the Sweden. Factors contributing to this weakening may include:

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

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.

Skr

Swedish Krona Currency

Country: Sweden

Symbol: Skr

ISO Code: SEK

Bank: Sveriges Riksbank

Interesting fact about Swedish Krona

The Swedish Krona (SEK) has been the official currency of Sweden since 1873. It replaced the Riksdaler and has remained stable since its establishment. The Krona is issued by the central bank, Sveriges Riksbank. It is widely accepted in Sweden and reflects the country's strong economic position.

Quick Conversion Guide

Frequently Asked Questions

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The Norwegian Krone to Swedish Krona 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 SEK is Skr0.98.
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Yes, our site provides historical charts that show the trends and fluctuations in the Norwegian Krone to Swedish Krona 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.