Norwegian Krone is Approaching the level Before the Financial Crisis

20091019kronvalues — The value of Norwegian kroner compared to other currencies varies considerably from one year to another, mainly based on changes in oil prices and interest rates. In 2002 the Norwegian krone grew to record high levels against the United States dollar and the Euro./TNP

NOK has gained value in the second half of 2009 compared to US Dollar, Euro and other currencies. NOK was record low against Euro at the beginning and it had increased to 9.9 exchange rate. In recent days, NOK has fluctuated around 8.3 against Euro gaining a value of 16 per cent in a year.

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Norwegian Krone is Approaching the level Before the Financial Crisis

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Norwegian Krone is Approaching the level Before the Financial Crisis

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