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HomeMarketsForexNorwegian Krone / Japanese Yen

Trade Norwegian Krone / Japanese Yen

SummaryHistorical Data
Trading Conditions
Spread0.050
Long position overnight fee
Long position overnight fee
Margin. Your investment
JP¥1,000
Overnight fee
Charges from full value of position
0.00831 %
(JP¥2)

Trade size with leverage ~ JP¥20,000

Short position overnight fee ~ JP¥19,000

0.00831%
Short position overnight fee
Short position overnight fee
Margin. Your investment
JP¥1,000
Overnight fee
Charges from full value of position
-0.01653 %
(-JP¥3)

Trade size with leverage ~ JP¥20,000

Short position overnight fee ~ JP¥19,000

-0.01653%
Overnight fee time21:00 (UTC)
CurrencyJPY
Min traded quantity1000
Margin5
Stock exchange
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

NOK/JPY

The base currency – NOK. The counter currency – JPY. The NOK to JPY chart is the Norwegian krone to the Japanese yen currency pair. It reflects how much the NOK is worth as measured against the JPY. The NOK/JPY is an exotic currency pair that is not traded as often as the majors, however still enjoys popularity among traders. The value of the Norwegian krone is often related to oil prices and interest rates. Therefore, when the oil price goes up, the krone strengthens its positions relative to other currencies and vice versa. Historically a low-yielding currency, the Japanese yen is an attractive vehicle for carry trades. Follow the NOK to JPY rates and explore this noteworthy trade vehicle.