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Norwegian kroner to Armenian Dram Exchange Rate History - XTransfer

Norwegian kroner to Armenian Dram Historical Exchange Rates

Welcome to the NOK to AMD exchange rate history page. This page contains detailed daily historical exchange rates between NOK and AMD from 2025-3-8 to 2026-05-11, making it easy to look up and reference.

Amount
Result

1 NOK = 40.1405 AMD

00:32 Exchange Rate

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1 Norwegian kroner to Armenian Dram Historical Exchange Rate Trends

1 NOK = -- AMD

00:32 Exchange Rate

NOK - AMD+0%
7D
1M
3M
Invalid DateInvalid Date

1 Norwegian kroner to Armenian Dram Data Statistics

This section organizes the historical exchange rate data of 1 NOK to AMD, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
40.1405
40.1405
40.1405
40.1405
Low
40.1405
39.8055
39.5215
38.5902
Average
40.1405
39.9731
39.9309
39.4686

Past 7 days historical exchange rates

Below are the daily average exchange rates of NOK to AMD for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of AMD to NOK, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

NOK to AMD - Last 7 Days

NOKNOKAMDAMD
2026-05-11
40.1405
NOKNOKAMDAMD
2026-05-10
40.1405
NOKNOKAMDAMD
2026-05-09
40.1405
NOKNOKAMDAMD
2026-05-08
39.8247
NOKNOKAMDAMD
2026-05-07
39.8055
NOKNOKAMDAMD
2026-05-06
39.9959
NOKNOKAMDAMD
2026-05-05
39.9307

AMD to NOK - Last 7 Days

AMDAMDNOKNOK
2026-05-11
0.0249
AMDAMDNOKNOK
2026-05-10
0.0249
AMDAMDNOKNOK
2026-05-09
0.0249
AMDAMDNOKNOK
2026-05-08
0.0251
AMDAMDNOKNOK
2026-05-07
0.0251
AMDAMDNOKNOK
2026-05-06
0.025
AMDAMDNOKNOK
2026-05-05
0.025

NOKNOK - Norwegian Krone

The Norwegian krone has been issued since 1875 and is an important part of the Nordic economy. NOK benefits from its rich oil and gas resources and reflects the country's wealth and high welfare level.

  • Supporting unit:1 Krona = 100 Öre
  • Denomination of banknotes:50, 100, 200, 500, 1000 krone
  • Reserve currency:Yes, the Norwegian krone is regarded as a minor reserve currency in some countries.
  • Banknote material:High-quality paper, utilizing advanced anti-counterfeiting technology.
  • Metal composition:Nickel brass, copper-plated steel, stainless steel, and other alloys
  • Currency symbol:kr 或 NOK
  • Paper currency size:For example, 1000 kronor measures 160mm × 70mm (new series).
  • language:en
  • Main unit:1 krone (Krone)
  • ISO code:NOK
  • Currency name:Norwegian Krone
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Norges Bank
  • Safe-haven currency:It has certain hedging properties due to its economic stability and background of sovereign wealth funds.
  • Coin denomination:1, 5, 10, and 20 kronor (50 öre and smaller denominations have been gradually phased out)
  • Countries of Use:Norway (excluding the Faroe Islands and Greenland, which use the Danish krone)
  • Cross-border payment:NOK supports international payments through the SWIFT and SEPA systems (applicable to the European Economic Area), which enables high efficiency and is commonly used for trade settlements within the Nordic and EU regions.

AMDAMD - Armenian Dram

The Armenian dram has been issued since 1993 and is the official currency of Armenia, regulated by the Central Bank. Banknotes feature national cultural heritage, and monetary policy flexibly responds to market fluctuations.

  • Supporting unit:1 dram = 100 luma (though luma has largely withdrawn from circulation)
  • Denomination of banknotes:100, 200, 500, 1000, 2000, 5000, 10000, 20000, 50000 AMD
  • Reserve currency:No, it is not widely held as a global foreign exchange reserve.
  • Banknote material:The new banknotes are made of composite polymer material, while the old version is made of cotton paper.
  • Metal composition:The lower denomination is made of galvanized aluminum alloy, while the higher denomination is made of brass and nickel alloy.
  • Currency symbol:֏
  • Paper currency size:Depending on the denomination, the size ranges from 129mm × 72mm to 160mm × 72mm.
  • language:en
  • Main unit:1 Drachma
  • ISO code:AMD
  • Currency name:Armenian Dram
  • Exchange Rate System:The floating exchange rate system is determined by market supply and demand, with central banks able to intervene in special circumstances.
  • Central Bank:Central Bank of Armenia
  • Safe-haven currency:No, it is highly volatile and typically does not possess safe haven attributes.
  • Coin denomination:10, 20, 50, 100, 200, 500 AMD
  • Countries of Use:Armenia is the only country where the currency is used officially, while the Nagorno-Karabakh region also utilizes the dram.
  • Cross-border payment:The Armenian dram is primarily used for transactions within the country and its surrounding region, with limited international circulation. Large international remittances usually need to be exchanged into US dollars or euros for processing, while some cross-border transactions with Russia can be settled directly in drams.

FAQ

Based on the historical patterns of Norwegian kroner to Armenian Dram, is now a good time to exchange?

To judge the timing for exchanging Norwegian kroner to Armenian Dram, one must compare current rates with the average over the past year or even five years. If the current Norwegian kroner rate is well above the historical average, it usually means NOK is in a strong period, making it a good window for settlement into AMD. Conversely, if Norwegian kroner is at a historical low, it is recommended for exporters to hold NOK in batches and avoid the troughs to minimize losses when converting to AMD.

What are the main reasons affecting the historical volatility of NOK to AMD recently?

The core factor affecting the historical volatility of Norwegian kroner to Armenian Dram recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of NOK tends to increase, leading to a significant rise in its historical exchange rate against AMD. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for NOK, thereby intensifying the frequency of two-way volatility between Norwegian kroner and Armenian Dram.

Has NOK experienced a sharp plunge against AMD before? How can I protect myself?

Historically, Norwegian kroner against Armenian Dram has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Norwegian kroner exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of NOK to AMD within an acceptable trade cost range.

Is the current exchange rate of Norwegian kroner to Armenian Dram considered a historical high or low?

To evaluate the current level of NOK to AMD, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Norwegian kroner is approaching a historical resistance level. If the current NOK price has broken through highs from years ago, it indicates that NOK is at an extreme high; exchanging Norwegian kroner to Armenian Dram now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Norwegian kroner to Armenian Dram?

AI predictions for NOK to AMD are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of NOK through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Norwegian kroner to Armenian Dram should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.