ZAR/NOK: what to know
The ZAR/NOK rate shows how much NOK you get for 1 ZAR. Right now, 1 ZAR buys 0.5613 NOK at the mid-market rate. In the other direction, 1 NOK is worth 1.7815 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while NOK responds to oil and gas prices.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Available archived ZAR/NOK observations within the last 365 days range from 0.5534 to 0.6158, with a -3.67% 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.