About this pair
AED/NOK: what to know
The AED/NOK rate shows how much NOK you get for 1 AED. Right now, 1 AED buys 2.5290 NOK at the mid-market rate. In the other direction, 1 NOK is worth 0.3954 AED.
In the short term AED is driven mainly by its peg to the US dollar, while NOK responds to oil and gas prices.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.