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currencies
NOK TRY
NOK/TRY
Follow
Norwegian Krone - Turkish Lira
Closed
3.07168
+0.01577 (+0.52%)
As of: May 31, 2024 21:00
UTC
Open
3.05591
High
3.07168
Low
3.03651
Overview
Advanced Chart
History
Stats
Prev. Close
3.05591
Open
3.05591
Day's Range
3.03651 - 3.07168
52 Week Range
1.88996 - 3.12645
YTD Change
5.80%
1 Year Change
62.49%
Economic Calendar
All Events
Time zone
:
GMT
Thursday, May 23rd 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
11:00
TRY
TCMB Interest Rate Decision
Medium
50%
50%
50%
Monday, May 27th 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
07:00
TRY
Business Confidence
May
Medium
105.4
107.5
106.1
Friday, May 31st 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
07:00
TRY
GDP Growth Rate YoY
Q1
Medium
5.7%
5.7%
4%
07:00
TRY
GDP Growth Rate QoQ
Q1
Medium
2.4%
1.5%
1%
Monday, June 3rd 2024
Time
Currency
Event
Impact
Actual
Consensus
Previous
07:00
TRY
Inflation Rate YoY
May
Medium
74.80%
69.8%
07:00
TRY
Inflation Rate MoM
May
Medium
3%
3.18%
08:00
TRY
Balance of Trade Prel
May
Medium
$-10B
$-9.9B
NOK/TRY
The NOK/TRY pairing offers a captivating glimpse into the interaction between Norway's robust energy-driven economy and Turkey's dynamic marketplace, bridging Europe and Asia. The Norwegian Krone, influenced predominantly by oil reserves and energy markets, encounters the Turkish Lira, reflecting Turkey's strategic position and its vibrant tourism and agriculture sectors. Factors such as regional politics, energy corridors, and mutual trade relationships play pivotal roles in this pair's dance. While it may not command the spotlight in global trading floors, NOK/TRY provides traders with a deep understanding of the economic play between Scandinavia and the Eurasian nexus.
Norway
Turkey
Interest Rate
4.5%
May 24
50%
May 24
Inflation Rate
3.6%
Apr 24
69.8%
Apr 24
Credit Ratings
Moody's
S&P
Moody's
S&P
Aaa
Stable
AAA
Stable
B3
Stable
B
Positive
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