About this pair
NOK/SGD: what to know
The NOK/SGD rate shows how much SGD you get for 1 NOK. Right now, 1 NOK buys 0.1368 SGD at the mid-market rate. In the other direction, 1 SGD is worth 7.3098 NOK.
In the short term NOK is driven mainly by oil and gas prices, while SGD responds to the MAS-managed currency basket.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the NOK/SGD rate has ranged between 0.1263 and 0.1388 — a change of +4.88% 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.