About this pair
NOK/UAH: what to know
The NOK/UAH rate shows how much UAH you get for 1 NOK. Right now, 1 NOK buys 4.7985 UAH at the mid-market rate. In the other direction, 1 UAH is worth 0.2084 NOK.
In the short term NOK is driven mainly by oil and gas prices, while UAH responds to the economic situation and international support.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
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.