NOK/ETH: what to know
The NOK/ETH rate shows how much ETH you get for 1 NOK. Right now, 1 NOK buys 0.0000427238 ETH at the mid-market rate. In the other direction, 1 ETH is worth 23,406.18 NOK.
In the short term NOK is driven mainly by oil and gas prices, while ETH responds to network activity and crypto-market sentiment.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the NOK/ETH rate has ranged between 0.0000214426 and 0.0000647215 — a change of +100.33% 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.