| Product Type: Currencies | Market: Global |
| Trading Hours: 24 hours, Mon-Fri. | |
Full trading conditions >>Description:
USD/NOK is an Exotic of the United States dollar - the by far most dominant global exchange currency. The price quote for the USD/NOK indicates how much of the Norwegian krone is required to buy one US dollar. Despite it being a relatively small country, Norway is one of the most wealthiest, debt-free countries in the world, with vast reserves of both oil and gas. As a safe, government-controlled economy – regarded one of the strongest worldwide – Norway also enjoys a very high standard of living and an exceptionally stable currency that is held and traded by a multitude of financial institutes and individual traders, both within and outside Europe.
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