About this pair
CZK/NOK: what to know
The CZK/NOK rate shows how much NOK you get for 1 CZK. Right now, 1 CZK buys 0.4444 NOK at the mid-market rate. In the other direction, 1 NOK is worth 2.2501 CZK.
In the short term CZK is driven mainly by Czech central-bank policy and euro moves, while NOK responds to oil and gas prices.
The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the CZK/NOK rate has ranged between 0.4408 and 0.4929 — a change of -6.56% 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.