The Pound Sterling (GBP) exchange rate experienced mixed trading against its Scandinavian peers on Thursday...
GBP to NOK Exchange Rate News and Forecasts
As Norway’s economy is comparatively small and very open, the performance of the domestic currency has a direct impact on the nation’s development, with the Norwegian Krone (NOK) exchange rate effecting demand for Norwegian goods and services and directing domestic inflation.
The Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate was trading in a narrow range between 2010 and 2013, fluctuating between 8.50 Krone and 9.44 Krone. However, as Norway is an oil exporting country, oil prices can dictate the direction taken by the Norwegian Krone. Consequently, in 2014 the GBP/NOK exchange rate rallied to 11.70 Krone.
Please find our latest Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate news and up-to-date currency forecasts below.
Pound Sterling to Norwegian Krone (GBP/NOK) Exchange Rate Forecast to Trend within Narrow Range on Oil Price Fluctuations
The Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate is trending within a tight range on Thursday morning. ...
GBP/NOK, GBP/DKK Exchange Rate Forecast: Norwegian Krone Falls on Manufacturing Stats and Oil Woes, Danish Krone Stronger
The Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate gave up the majority of its gains as...
Pound Sterling (GBP) Forecast: GBP/DKK, GBP/NOK, GBP/SEK Exchange Rates All Fall on UK Data
The Pound Sterling (GBP) exchange rate remained weaker against the Danish Krone (DKK), Norwegian Krone...