NOK/ZAR: what to know
The NOK/ZAR rate shows how much ZAR you get for 1 NOK. Right now, 1 NOK buys 1.7829 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.5609 NOK.
In the short term NOK is driven mainly by oil and gas prices, while ZAR responds to commodity prices and risk appetite.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Available archived NOK/ZAR observations within the last 365 days range from 1.6238 to 1.8072, with a +3.81% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.