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Norwegian kroner to Malaysian ringgit Exchange Rate History - XTransfer

Norwegian kroner to Malaysian ringgit Historical Exchange Rates

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

Amount
Result

1 NOK = 0.425719 MYR

02:31 Exchange Rate

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1 Norwegian kroner to Malaysian ringgit Historical Exchange Rate Trends

1 NOK = -- MYR

02:31 Exchange Rate

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

1 Norwegian kroner to Malaysian ringgit Data Statistics

This section organizes the historical exchange rate data of 1 NOK to MYR, 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
0.425719
0.428515
0.428515
0.428515
Low
0.425719
0.42009
0.416291
0.403212
Average
0.425719
0.42545
0.423647
0.4148

Past 7 days historical exchange rates

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

NOK to MYR - Last 7 Days

NOKNOKMYRMYR
2026-05-11
0.425719
NOKNOKMYRMYR
2026-05-10
0.425719
NOKNOKMYRMYR
2026-05-09
0.425719
NOKNOKMYRMYR
2026-05-08
0.420714
NOKNOKMYRMYR
2026-05-07
0.42009
NOKNOKMYRMYR
2026-05-06
0.427641
NOKNOKMYRMYR
2026-05-05
0.42703

MYR to NOK - Last 7 Days

MYRMYRNOKNOK
2026-05-11
2.348967
MYRMYRNOKNOK
2026-05-10
2.348967
MYRMYRNOKNOK
2026-05-09
2.348967
MYRMYRNOKNOK
2026-05-08
2.376912
MYRMYRNOKNOK
2026-05-07
2.38044
MYRMYRNOKNOK
2026-05-06
2.33841
MYRMYRNOKNOK
2026-05-05
2.34176

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.

MYRMYR - Malaysian Ringgit

The Ringgit has been issued since 1967, reflecting the modernization of Malaysia's economy. MYR is competitive in the Southeast Asian market, especially supporting the development of the manufacturing and export industries.

  • Supporting unit:1 Linjitt = 100 points (Sen)
  • Denomination of banknotes:1, 5, 10, 20, 50, 100 Ringgit Malaysia
  • Reserve currency:No, but it serves as a certain reserve in the Southeast Asian region.
  • Banknote material:Items priced at 5 yuan and below are made of polymer, while the others are mostly made of paper.
  • Metal composition:Nickel-plated steel core, brass-plated, stainless steel
  • Currency symbol:RM
  • Paper currency size:For example, 100 ringgit is approximately 145mm × 69mm.
  • language:en
  • Main unit:1 Ringgit
  • ISO code:MYR
  • Currency name:Malaysian Ringgit
  • Exchange Rate System:Managed floating exchange rate system
  • Central Bank:Bank Negara Malaysia
  • Safe-haven currency:No, it belongs to emerging market currencies and is significantly affected by capital flows.
  • Coin denomination:5, 10, 20, 50 points
  • Countries of Use:Malaysia is the only country where it is used officially.
  • Cross-border payment:Supports networks such as SWIFT and the Asian Payment Network (APS). The ringgit has a certain circulation base in neighboring countries like Singapore and Thailand, but the US dollar remains the primary settlement currency.

FAQ

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

To judge the timing for exchanging Norwegian kroner to Malaysian ringgit, 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 MYR. 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 MYR.

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

The core factor affecting the historical volatility of Norwegian kroner to Malaysian ringgit 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 MYR. 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 Malaysian ringgit.

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

Historically, Norwegian kroner against Malaysian ringgit 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 MYR within an acceptable trade cost range.

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

To evaluate the current level of NOK to MYR, 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 Malaysian ringgit 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 Malaysian ringgit?

AI predictions for NOK to MYR 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 Malaysian ringgit 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.