About this pair
SGD/NOK: what to know
The SGD/NOK rate shows how much NOK you get for 1 SGD. Right now, 1 SGD buys 7.3573 NOK at the mid-market rate. In the other direction, 1 NOK is worth 0.1359 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while NOK responds to oil and gas prices.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the SGD/NOK rate has ranged between 7.2072 and 7.9153 — a change of -4.65% 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.