NOK/JPY
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.
JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of the Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
The price dynamics depend on the interest rates of the Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been to stimulate growth and counter against deflation by means of capping the national currency appreciation.