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 weakened by -4.42% against the Norwegian Krone, declining from Nkr0.6283 to Nkr0.6017 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 contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Lesotho, Namibia, South Africa and Norway, Svalbard and Jan Mayen, Bouvet Island.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Lesotho, Namibia, South Africa and Norway, Svalbard and Jan Mayen, Bouvet Island.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Lesotho, Namibia, South Africa or Norway, Svalbard and Jan Mayen, Bouvet Island.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Lesotho, Namibia, South Africa relative to the Norway, Svalbard and Jan Mayen, Bouvet Island.
The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.
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.
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.
R1 South African Rand | Nkr 0.6 Norwegian Kroner |
R10 South African Rand | Nkr 6.02 Norwegian Kroner |
R20 South African Rand | Nkr 12.03 Norwegian Kroner |
R30 South African Rand | Nkr 18.05 Norwegian Kroner |
R40 South African Rand | Nkr 24.07 Norwegian Kroner |
R50 South African Rand | Nkr 30.08 Norwegian Kroner |
R60 South African Rand | Nkr 36.1 Norwegian Kroner |
R70 South African Rand | Nkr 42.12 Norwegian Kroner |
R80 South African Rand | Nkr 48.14 Norwegian Kroner |
R90 South African Rand | Nkr 54.15 Norwegian Kroner |
R100 South African Rand | Nkr 60.17 Norwegian Kroner |
R200 South African Rand | Nkr 120.34 Norwegian Kroner |
R300 South African Rand | Nkr 180.51 Norwegian Kroner |
R400 South African Rand | Nkr 240.68 Norwegian Kroner |
R500 South African Rand | Nkr 300.85 Norwegian Kroner |
R600 South African Rand | Nkr 361.02 Norwegian Kroner |
R700 South African Rand | Nkr 421.19 Norwegian Kroner |
R800 South African Rand | Nkr 481.36 Norwegian Kroner |
R900 South African Rand | Nkr 541.53 Norwegian Kroner |
R1000 South African Rand | Nkr 601.7 Norwegian Kroner |
R2000 South African Rand | Nkr 1203.4 Norwegian Kroner |
R3000 South African Rand | Nkr 1805.1 Norwegian Kroner |
R4000 South African Rand | Nkr 2406.8 Norwegian Kroner |
R5000 South African Rand | Nkr 3008.5 Norwegian Kroner |
Nkr1 Norwegian Krone | R 1.66 South African Rand |
Nkr10 Norwegian Kroner | R 16.62 South African Rand |
Nkr20 Norwegian Kroner | R 33.24 South African Rand |
Nkr30 Norwegian Kroner | R 49.86 South African Rand |
Nkr40 Norwegian Kroner | R 66.48 South African Rand |
Nkr50 Norwegian Kroner | R 83.1 South African Rand |
Nkr60 Norwegian Kroner | R 99.72 South African Rand |
Nkr70 Norwegian Kroner | R 116.34 South African Rand |
Nkr80 Norwegian Kroner | R 132.96 South African Rand |
Nkr90 Norwegian Kroner | R 149.58 South African Rand |
Nkr100 Norwegian Kroner | R 166.2 South African Rand |
Nkr200 Norwegian Kroner | R 332.39 South African Rand |
Nkr300 Norwegian Kroner | R 498.59 South African Rand |
Nkr400 Norwegian Kroner | R 664.78 South African Rand |
Nkr500 Norwegian Kroner | R 830.98 South African Rand |
Nkr600 Norwegian Kroner | R 997.18 South African Rand |
Nkr700 Norwegian Kroner | R 1163.37 South African Rand |
Nkr800 Norwegian Kroner | R 1329.57 South African Rand |
Nkr900 Norwegian Kroner | R 1495.76 South African Rand |
Nkr1000 Norwegian Kroner | R 1661.96 South African Rand |
Nkr2000 Norwegian Kroner | R 3323.92 South African Rand |
Nkr3000 Norwegian Kroner | R 4985.88 South African Rand |
Nkr4000 Norwegian Kroner | R 6647.84 South African Rand |
Nkr5000 Norwegian Kroner | R 8309.8 South African Rand |