NOK/XPD: what to know
The NOK/XPD rate shows how much XPD you get for 1 NOK. Right now, 1 NOK buys 0.0000826066 XPD at the mid-market rate. In the other direction, 1 XPD is worth 12,105.57 NOK.
In the short term NOK is driven mainly by oil and gas prices, while XPD responds to auto demand and tight supply.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.