About this pair
NOK/CNY: what to know
The NOK/CNY rate shows how much CNY you get for 1 NOK. Right now, 1 NOK buys 0.7222 CNY at the mid-market rate. In the other direction, 1 CNY is worth 1.3847 NOK.
In the short term NOK is driven mainly by oil and gas prices, while CNY responds to PBoC decisions and Chinese growth.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Over the past 12 months the NOK/CNY rate has ranged between 0.6842 and 0.7406 — a change of -0.49% 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.