About this pair
BRL/NOK: what to know
The BRL/NOK rate shows how much NOK you get for 1 BRL. Right now, 1 BRL buys 1.8142 NOK at the mid-market rate. In the other direction, 1 NOK is worth 0.5512 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while NOK responds to oil and gas prices.
The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”. 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.