RUB/NOK: what to know
The RUB/NOK rate shows how much NOK you get for 1 RUB. Right now, 1 RUB buys 0.1102 NOK at the mid-market rate. In the other direction, 1 NOK is worth 9.0703 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while NOK responds to oil and gas prices.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
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.