About this pair
NOK/CZK: what to know
The NOK/CZK rate shows how much CZK you get for 1 NOK. Right now, 1 NOK buys 2.2499 CZK at the mid-market rate. In the other direction, 1 CZK is worth 0.4445 NOK.
In the short term NOK is driven mainly by oil and gas prices, while CZK responds to Czech central-bank policy and euro moves.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Czech Koruna (CZK) is issued by Czech National Bank. “Koruna” means “crown”.
Over the past 12 months the NOK/CZK rate has ranged between 2.0290 and 2.2687 — a change of +7.02% 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.