Currency.Wiki
Updated 56 seconds ago
 NOK =
    ETB
 Norwegian Krone =  Ethiopian Birrs
Trending: Nkr exchange rates for the last 24 hours
  • NOK/USD 0.089930 -0.00403317
  • NOK/EUR 0.085751 0.00094626
  • NOK/JPY 13.505642 0.03749611
  • NOK/GBP 0.071122 -0.00035971
  • NOK/CHF 0.079903 0.00039997
  • NOK/MXN 1.835918 -0.03911813
  • NOK/INR 7.619781 -0.27146536
  • NOK/BRL 0.544849 0.01456872
  • NOK/CNY 0.655679 -0.01265221

NOK/ETB exchange rate analysis over the past 90 days

Norwegian Krone to Ethiopian Birr exchange rate: Over the last 90 days, the Norwegian Krone strengthened by 8.82% against the Ethiopian Birr, moving from Br10.4225 to Br11.4301 per Norwegian Krone. This trend reflects the evolving economic dynamics between the Norway, Svalbard and Jan Mayen, Bouvet Island and the Ethiopia. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Norway, Svalbard and Jan Mayen, Bouvet Island and Ethiopia.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Norway, Svalbard and Jan Mayen, Bouvet Island and Ethiopia.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Norway, Svalbard and Jan Mayen, Bouvet Island or Ethiopia.
  • Global Influences: Broader economic or geopolitical events that can impact both the Norway, Svalbard and Jan Mayen, Bouvet Island and the Ethiopia.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

Nkr

Norwegian Krone Currency

Country: Norway, Svalbard and Jan Mayen, Bouvet Island

Symbol: Nkr

ISO Code: NOK

Bank: Bank Norwegian AS

Interesting fact about Norwegian Krone

The Norwegian Krone (NOK) is the official currency of Norway, Svalbard, and Jan Mayen, and is also accepted in Bouvet Island. It was introduced in 1875, replacing the former Norwegian speciedaler. The Krone is symbolized by "kr" and is regulated by the Central Bank of Norway. It holds a significant role in the economy of Norway, providing stability and facilitating financial transactions in these regions.

Br

Ethiopian Birr Currency

Country: Ethiopia

Symbol: Br

ISO Code: ETB

Bank: National Bank of Ethiopia

Interesting fact about Ethiopian Birr

The Ethiopian Birr (ETB) is the official currency of Ethiopia. It has a long history, dating back to the early 20th century. The Birr has been significant in Ethiopia as it reflects the country's economic stability and independence. It plays a crucial role in everyday transactions, commerce, and the overall economy of Ethiopia.

Quick Conversion Guide

Frequently Asked Questions

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The Norwegian Krone to Ethiopian Birr exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 NOK to ETB is Br11.43.
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Yes, our site provides historical charts that show the trends and fluctuations in the Norwegian Krone to Ethiopian Birr exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.