Norwegian Krone - Japanese Yen (NOK/JPY)
NOK (Norwegian krone)
Currency unit of Norway. It belongs to a group of commodity currencies.
Issued by: Central Bank of Norway
Price dynamics mainly depends on the oil prices as well as the interest rates of Central Bank of Norway, inflation and growth rates of the country.
JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
Price dynamics depends on the interest rates of Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been a stimulation of the growth and a fight with deflation by means of capping the national currency appreciation.