NOK/BTC: what to know
The NOK/BTC rate shows how much BTC you get for 1 NOK. Right now, 1 NOK buys 0.00000139265 BTC at the mid-market rate. In the other direction, 1 BTC is worth 718,057.32 NOK.
In the short term NOK is driven mainly by oil and gas prices, while BTC responds to crypto-market sentiment and liquidity.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The supply is capped at 21 million coins.
Over the past 12 months the NOK/BTC rate has ranged between 0.000000805836 and 0.00000172302 — a change of +59.65% 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.