Currency.Wiki
Updated 7 minutes ago
 ZAR =
    NOK
 South African Rand =  Norwegian Kroner
Trending: R exchange rates for the last 24 hours
  • ZAR/USD 0.054591 -0.00261674
  • ZAR/EUR 0.052345 0.00108151
  • ZAR/JPY 8.540413 0.29890721
  • ZAR/GBP 0.043426 0.00045243
  • ZAR/CHF 0.048798 0.00011152
  • ZAR/MXN 1.096249 -0.01269130
  • ZAR/INR 4.637602 -0.13813599
  • ZAR/BRL 0.332238 0.01748036
  • ZAR/CNY 0.398314 -0.00510560

ZAR/NOK exchange rate analysis over the past 90 days

South African Rand to Norwegian Krone exchange rate: Over the last 90 days, the South African Rand strengthened by 2.90% against the Norwegian Krone, moving from Nkr0.6000 to Nkr0.6180 per South African Rand. This trend reflects the evolving economic dynamics between the Lesotho, Namibia, South Africa and the Norway, Svalbard and Jan Mayen, Bouvet Island. Factors influencing this rate may include:

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

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

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.

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

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The South African Rand 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.
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Today conversion rate from 1 ZAR to NOK is Nkr0.62.
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Yes, our site provides historical charts that show the trends and fluctuations in the South African Rand to Norwegian Krone 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.