   EURNOK Price | SimpleFX: Free Trading & Investing App                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "EUR/NOK", "description": "Trade EUR/NOK with SimpleFX. Real-time forex trading with competitive spreads, and professional trading platform.", "identifier": "EURNOK", "category": "Forex", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/eurnok" }, "url": "https://basitfx.com/instruments/eurnok", "sameAs": [ "http://www.norges-bank.no/" ], "offers": { "@type": "Offer", "price": 10.74618, "priceCurrency": "NOK", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.00308 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100000 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "NOK" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "EURNOK Trading", "description": "Learn how to trade EURNOK with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/eurnok" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Forex", "item": "https://basitfx.com/instruments/?category=forex" }, { "@type": "ListItem", "position": 4, "name": "EURNOK" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is EUR/NOK (EURNOK) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "EUR/NOK (EURNOK) is a forex CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on EURNOK?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on EURNOK at SimpleFX is 0.00308 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for EURNOK?", "acceptedAnswer": { "@type": "Answer", "text": "EURNOK can be traded with up to 1:1000 leverage on SimpleFX, which corresponds to a margin requirement of 0.10%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is EURNOK margined in?", "acceptedAnswer": { "@type": "Answer", "text": "EURNOK positions on SimpleFX are margined in NOK. Your account balance in NOK is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for EURNOK?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for EURNOK on SimpleFX is 100000. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   EURNOK

[EURNOK exchange rate](https://app.basitfx.com/instruments/EURNOK)
==================================================================

EUR/NOK
-------

10.74425 NOK

\-0 (-0.31%)

1H

4H

1D

1W

1MN

EURNOK Key Statistics
---------------------

Open price

10.77881

High today

10.78647

Low today

10.73101

52 Week high

12.0123

52 Week low

10.73101

##### Trading hours

\-12:00

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UTC 00:00

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+12:45

+13:00

+14:00

UTC 00:00

Sunday

\-

Monday

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Tuesday

\-

Wednesday

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Thursday

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Friday

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Saturday

\-

##### Symbol trading specification

Description

EURNOK

Exchange

OTC

Base Currency

EUR

Quote Currency

NOK

Contract size

100000

Margin

0.10%\*

\* for 1:1000 account leverage

Tick size

0.00001

Target Spread

0.00308

Stop levels

0

Swap - Buy

\-0.0073%

Swap - Sell

0.0004%

Minimum contract size

0.01

Maximum contract size

100

Type

Forex

[Trade EUR/NOK](https://app.basitfx.com/instruments/EURNOK/chart)

### About EURNOK

**The EURNOK is an exotic cross because it has a major currency, i.e., EURO, and a currency from developing economies, i.e., NOK. The European Central Bank introduced the EURO, the second most popular currency in the world. In comparison, NOK is issued by Norges Bank and is popular in European trades.**

#### What is EURNOK?

Unlike many major currency pairs such as EURUSD, USDJPY, or GBPUSD, the EURNOK is not traded widely. Still, investors looking for an opportunity in EURO and a currency from outside the Eurozone consider the pair. Knowing about the exchange rate is essential to them because It helps the traders of both countries set the costs of their goods. Moreover, investors can focus on fluctuations of the pair’s exchange rate by analyzing the market trends if they want to understand [how to trade EURNOK](/how-to-trade/EURNOK).

#### How does EURNOK work?

It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn [how to invest in EURNOK](/how-to-invest-in/EURNOK) start without risking their real assets.

Traders or investors must know that the EURNOK price changes over time due to the influence of several factors, such as interest rates, political situation, and price of the exports.They may cause price fluctuations, on which investors should keep tabs on.

#### EURNOK price history

To make a well-informed decision, knowing about the past performance of the EURNOK pair is crucial. Here are the highlights of the pair's performance from 2018-2022.

However, investors must remember that referring to the past performance of this asset may not be a reliable indicator of future results.

**2018**

On Monday, 1st January 2018, the EURNOK exchange rate was 9.847 NOK; by the year's end, it was at 9.9286 NOK. The best EURNOK Price for the year was 10.0193 NOK on 27th December 2018, and the worst value was 9.4116 NOK on 14th June 2018. The average value of the year was 9.6073 NOK.

**2019**

At the start of 2019, the exchange rate was 9.9112 NOK; on 31st December, it was 9.8998 NOK. On 31st October 2019, the exchange rate was 10.256 NOK, i.e., the best rate of the year. On 22nd April, the worst exchange rate value of 9.5624 NOK was recorded. The average exchange rate of the year was 9.8515 NOK.

**2020**

At the start of the year, the EURNOK exchange rate was 9.8451; on 31st December 2020, it was at 10.5053 NOK. The best exchange rate of the year was 12.6968 NOK, observed on 21st March 2020, and the worst value was 9.8234 NOK on 2nd January 2020. The average rate of the year was 10.7388 NOK.

**2021**

On 1st January 2021, the exchange rate value was 10.4759 NOK; by the year's end, it was 10.0269 NOK. On 20th July 2021, the best exchange rate value of 10.6045 NOK was observed, and the worst value of 9.6837 NOK was recorded on 20th October 2022. The year's average exchange rate was 10.1682 NOK.

**2022**

At the start of the year, the EURNOK Price was at 10.0295; by the end, it reached 10.4812 NOK. The best and the worst exchange rate of 10.6735 and 9.4483 NOK were recorded on 30th September and 25th March 2022, respectively. The average exchange rate of 2022 was 10.106 NOK.

In short, the EURNOK price has experienced a lot of fluctuations in the past years.

#### Current EURNOK price

The current **EURNOK price** is subject to fluctuation due to the volatility of the forex market. Investors can check it on the chart or the SimpleFX Webtrader platform.

#### Is EURNOK a good investment?

Whether EURNOK is a good investment depends on factors such as interest rates, monetary policies, geopolitical events, etc. The answer depends on analyzing these factors and the potential returns on investment. If the factors are also stable and there are more chances of return, this currency pair brings more interest from investors eager to learn [how to invest in forex](/how-to-invest-in/forex) worldwide.

[Read more Close](#)

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