About this pair
CNY/NOK: what to know
The CNY/NOK rate shows how much NOK you get for 1 CNY. Right now, 1 CNY buys 1.3806 NOK at the mid-market rate. In the other direction, 1 NOK is worth 0.7243 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while NOK responds to oil and gas prices.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the CNY/NOK rate has ranged between 1.3502 and 1.4616 — a change of +0.50% versus a year ago.
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.