GBPNOK

Great Britain Pound vs Norwegian Kroner

Forex spot

0.23%

Low - High

11.49537 - 11.57357

Spread
Swap Long
-41.6
Swap Short
-20.1
Margin Req.
0.2%
Trading Size
0.01 - 1000
Contract Size
100000
Leverage Up To
1:500
3-Day SWAPs
Wednesday

NOK to GBP Chart

Commission per lot (single side)

CLASSIC $0  PRO $3  VIP $1.5

Open

Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:59-00:05

NOK to GBP

About

GBPNOK

The GBPNOK is a currency cross pair in which the British pound is the main currency and the Norwegian krone is the quoted currency. Britain’s economy is stable and its industry is one of its most developed sectors. That’s why the price of oil in the world market can tremendously affect the pound’s exchange rate. Norway’s economy is based on the export of raw materials such as wood and aluminum, hydrocarbons such as oil and gas, and electricity. So, the cost of oil and raw materials are defining factors for the Norwegian krone’s exchange rate. Other main sectors of the Scandinavian country’s economy include trade, public services, industry and tourism. Keep in mind that both currencies in the pair are affected by the price of the dollar and major US macroeconomic indicators should be taken into consideration when trading the GBPNOK.

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MARGIN TRADING INVOLVES SIGNIFICANT RISK TO YOUR INVESTED CAPITAL

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Trade Responsibly:Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosures for Financial Instruments
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