About this pair
NOK/INR: what to know
The NOK/INR rate shows how much INR you get for 1 NOK. Right now, 1 NOK buys 10.2828 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0972 NOK.
In the short term NOK is driven mainly by oil and gas prices, while INR responds to oil prices and capital flows.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the NOK/INR rate has ranged between 8.6701 and 10.4351 — a change of +15.24% 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.