NOK/BCH: what to know
The NOK/BCH rate shows how much BCH you get for 1 NOK. Right now, 1 NOK buys 0.000480823 BCH at the mid-market rate. In the other direction, 1 BCH is worth 2,079.77 NOK.
In the short term NOK is driven mainly by oil and gas prices, while BCH responds to crypto-market sentiment.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Over the past 12 months the NOK/BCH rate has ranged between 0.000153654 and 0.000533764 — a change of +184.44% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.