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EUR/NOK

EUR (Euro)
Currency unit of Eurozone which includes 18 leading countries of Europe. The second world’s reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.

NOK (Norwegian krone)
Currency unit of Norway. It belongs to a group of commodity currencies.
Issued by: Central Bank of Norway
Price dynamics mainly depends on the oil prices as well as the interest rates of Central Bank of Norway, inflation and growth rates of the country.