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Currency.Wiki
Updated 35 seconds ago
 NOK =
    ZAR
 Norwegian Krone =  South African Rand
Trending: Nkr exchange rates for the last 24 hours
  • NOK/USD 0.088902 -0.00307592
  • NOK/EUR 0.085652 0.00045181
  • NOK/JPY 13.619693 -0.46933670
  • NOK/GBP 0.071277 0.00043242
  • NOK/CHF 0.080454 0.00017689
  • NOK/MXN 1.822338 0.00061080
  • NOK/INR 7.745779 -0.00861008
  • NOK/BRL 0.511980 -0.01160653
  • NOK/CNY 0.647530 -0.00948079

NOK/ZAR exchange rate analysis over the past 90 days

Norwegian Krone to South African Rand exchange rate: Over the last 90 days, the Norwegian Krone strengthened by 4.23% against the South African Rand, moving from R1.5916 to R1.6620 per Norwegian Krone. This trend reflects the evolving economic dynamics between the Norway, Svalbard and Jan Mayen, Bouvet Island and the Lesotho, Namibia, South Africa. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Norway, Svalbard and Jan Mayen, Bouvet Island and Lesotho, Namibia, South Africa.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Norway, Svalbard and Jan Mayen, Bouvet Island and Lesotho, Namibia, South Africa.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Norway, Svalbard and Jan Mayen, Bouvet Island or Lesotho, Namibia, South Africa.
  • Global Influences: Broader economic or geopolitical events that can impact both the Norway, Svalbard and Jan Mayen, Bouvet Island and the Lesotho, Namibia, South Africa.

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

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.

R

South African Rand Currency

Country: Lesotho, Namibia, South Africa

Symbol: R

ISO Code: ZAR

Bank: South African Reserve Bank

Interesting fact about South African Rand

The South African Rand (ZAR), introduced in 1961, is the official currency of Lesotho, Namibia, and South Africa. It plays a vital role in these countries' economies, facilitating trade and investment. The Rand's history includes movements influenced by economic conditions, political events, and global market trends. Today, it remains a significant currency in the region.

Quick Conversion Guide

Frequently Asked Questions

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The Norwegian Krone to South African Rand 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 ZAR is R1.66.
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Yes, our site provides historical charts that show the trends and fluctuations in the Norwegian Krone to South African Rand 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.