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Norwegian kroner to Maldives Rufiyaa Exchange Rate History - XTransfer

Norwegian kroner to Maldives Rufiyaa Historical Exchange Rates

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

Amount
Result

1 NOK = 1.67397 MVR

09:30 Exchange Rate

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1 Norwegian kroner to Maldives Rufiyaa Historical Exchange Rate Trends

1 NOK = -- MVR

09:30 Exchange Rate

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

1 Norwegian kroner to Maldives Rufiyaa Data Statistics

This section organizes the historical exchange rate data of 1 NOK to MVR, 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
1.67397
1.6745
1.6745
1.6745
Low
1.67397
1.63354
1.59604
1.55676
Average
1.67397
1.65366
1.64165
1.60532

Past 7 days historical exchange rates

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

NOK to MVR - Last 7 Days

NOKNOKMVRMVR
2026-05-11
1.67397
NOKNOKMVRMVR
2026-05-10
1.6745
NOKNOKMVRMVR
2026-05-09
1.6745
NOKNOKMVRMVR
2026-05-08
1.65895
NOKNOKMVRMVR
2026-05-07
1.63719
NOKNOKMVRMVR
2026-05-06
1.67353
NOKNOKMVRMVR
2026-05-05
1.6639

MVR to NOK - Last 7 Days

MVRMVRNOKNOK
2026-05-11
0.59738
MVRMVRNOKNOK
2026-05-10
0.5972
MVRMVRNOKNOK
2026-05-09
0.5972
MVRMVRNOKNOK
2026-05-08
0.60279
MVRMVRNOKNOK
2026-05-07
0.6108
MVRMVRNOKNOK
2026-05-06
0.59754
MVRMVRNOKNOK
2026-05-05
0.601

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.

MVRMVR - Maldives Rufiyaa

The Maldivian Rufiyaa has been the official currency of the island nation since 1981. The Rufiyaa supports the tourism and fishing industries and is widely used in local transactions, reflecting the country's unique economic structure.

  • Supporting unit:1 Laffia = 100 Laari
  • Denomination of banknotes:10, 20, 50, 100, 500, 1000 Raffia
  • Reserve currency:No, it mainly relies on the US dollar as its foreign exchange reserve.
  • Banknote material:Polymer plastic and paper mix (such as the 1000 denomination made of plastic material).
  • Metal composition:Copper-nickel alloy, steel core nickel plating
  • Currency symbol:Rf or ރ
  • Paper currency size:For example, 100 raffia approximately 150mm × 70mm.
  • language:en
  • Main unit:Rufiyaa
  • ISO code:MVR
  • Currency name:Maldives Lafia
  • Exchange Rate System:Focus on the stable exchange rate mechanism of the US dollar.
  • Central Bank:Maldives Monetary Authority
  • Safe-haven currency:No, exchange rate fluctuations are significantly influenced by the tourism industry.
  • Coin denomination:1, 2, 5, 10, 25, 50 Lari
  • Countries of Use:Maldives is the only country with official use.
  • Cross-border payment:Supports SWIFT international payments, with the US dollar being more commonly used in international transactions, while the LAFIA is primarily used for local transactions and tourism settlements.

FAQ

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

To judge the timing for exchanging Norwegian kroner to Maldives Rufiyaa, 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 MVR. 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 MVR.

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

The core factor affecting the historical volatility of Norwegian kroner to Maldives Rufiyaa 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 MVR. 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 Maldives Rufiyaa.

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

Historically, Norwegian kroner against Maldives Rufiyaa 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 MVR within an acceptable trade cost range.

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

To evaluate the current level of NOK to MVR, 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 Maldives Rufiyaa 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 Maldives Rufiyaa?

AI predictions for NOK to MVR 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 Maldives Rufiyaa 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.