EURNOK

Euro vs Norwegian Kroner

Forex spot

-0.06%

Low - High

10.01189 - 10.07257

Spread
Swap Long
-74.74
Swap Short
-22.8
Margin Req.
2%
Trading Size
0.01 - 1000
Contract Size
100000
3-Day SWAPs
Wednesday

Commission per lot (single side)

CLASSIC $0  PRO $3  VIP $1.5

Open

Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:55-00:30
About

EURNOK

EURNOK is the abbreviation for the cross between the euro and the Norwegian krone. The EUR and the NOK are considered an exotic currency pair with less liquidity than a major like EUR/USD. Because of the geographic proximity and the high degree of trading activity between Eurozone and Norway, there is a strong relation between the NOK and EUR currencies. Norway primarily depends on exports and is the fifth largest oil exporter in the world. It sends more than 60% of its exports into the euro area, so it is tied to the health of the Eurozone economy as well as oil prices.

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