NOK/HKD: what to know
The NOK/HKD rate shows how much HKD you get for 1 NOK. Right now, 1 NOK buys 0.8467 HKD at the mid-market rate. In the other direction, 1 HKD is worth 1.1810 NOK.
In the short term NOK is driven mainly by oil and gas prices, while HKD responds to its peg to the US dollar.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the NOK/HKD rate has ranged between 0.7581 and 0.8540 — a change of +6.78% 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.