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