EUR/NOK

EUR (Euro)
Currency unit of the Eurozone which includes 18 leading countries of Europe. The world’s second largest reserve currency after the US dollar in order of importance.
Issued by: European Central Bank (ECB)
The price dynamics depend on interest rates of the 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
The price dynamics mainly depend on oil prices as well as the interest rates of the Central Bank of Norway, inflation and growth rates of the country.