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Norwegian kroner to Panamanian Balboa / US dollar Exchange Rate History - XTransfer

Norwegian kroner to Panamanian Balboa / US dollar Historical Exchange Rates

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

Amount
Result

1 NOK = 0.10859 PAB

13:30 Exchange Rate

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1 Norwegian kroner to Panamanian Balboa / US dollar Historical Exchange Rate Trends

1 NOK = -- PAB

13:30 Exchange Rate

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

1 Norwegian kroner to Panamanian Balboa / US dollar Data Statistics

This section organizes the historical exchange rate data of 1 NOK to PAB, 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
0.10859
0.10859
0.10859
0.10859
Low
0.10859
0.107057
0.104985
0.102128
Average
0.10859
0.10779
0.107185
0.105045

Past 7 days historical exchange rates

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

NOK to PAB - Last 7 Days

NOKNOKPABPAB
2026-05-11
0.10859
NOKNOKPABPAB
2026-05-10
0.108581
NOKNOKPABPAB
2026-05-09
0.108586
NOKNOKPABPAB
2026-05-08
0.107654
NOKNOKPABPAB
2026-05-07
0.107499
NOKNOKPABPAB
2026-05-06
0.10809
NOKNOKPABPAB
2026-05-05
0.107728

PAB to NOK - Last 7 Days

PABPABNOKNOK
2026-05-11
9.20895
PABPABNOKNOK
2026-05-10
9.209714
PABPABNOKNOK
2026-05-09
9.20929
PABPABNOKNOK
2026-05-08
9.289019
PABPABNOKNOK
2026-05-07
9.302412
PABPABNOKNOK
2026-05-06
9.25155
PABPABNOKNOK
2026-05-05
9.282638

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.

PABPAB - Panamanian Balboa

The Balboa was issued in 1904 and has a fixed exchange rate with the U.S. dollar. As the national legal tender, the currency reflects the close connection between the Panamanian economy and the U.S. dollar.

  • Supporting unit:1 Balboa = 100 cents (Centésimos)
  • Denomination of banknotes:No, Papua has not issued any banknotes and actually uses U.S. dollar banknotes.
  • Reserve currency:There is no official reserve currency; the US dollar is the primary circulating and reserve currency.
  • Banknote material:No.
  • Metal composition:Copper-nickel alloy, nickel-copper alloy
  • Currency symbol:B./
  • Paper currency size:No.
  • language:en
  • Main unit:1. Baboya
  • ISO code:PAB
  • Currency name:Panama Baboa
  • Exchange Rate System:A fixed exchange rate system linked to the US dollar (1 PAB = 1 USD)
  • Central Bank:Panama has no central bank; its monetary policy is jointly maintained by the National Bank and the dollar system.
  • Safe-haven currency:No, the actual use of the US dollar as the mainstream safe-haven and transaction currency.
  • Coin denomination:1, 5, 10, 25, and 50 cents (Barbadian coins, equivalent to U.S. coins)
  • Countries of Use:Panama (in parallel circulation with the US dollar)
  • Cross-border payment:Panama primarily relies on the US dollar financial system and the SWIFT network for international payments, with a high degree of currency stability and international trade often settled in US dollars.

FAQ

Based on the historical patterns of Norwegian kroner to Panamanian Balboa / US dollar, is now a good time to exchange?

To judge the timing for exchanging Norwegian kroner to Panamanian Balboa / US dollar, 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 PAB. 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 PAB.

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

The core factor affecting the historical volatility of Norwegian kroner to Panamanian Balboa / US dollar 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 PAB. 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 Panamanian Balboa / US dollar.

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

Historically, Norwegian kroner against Panamanian Balboa / US dollar 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 PAB within an acceptable trade cost range.

Is the current exchange rate of Norwegian kroner to Panamanian Balboa / US dollar considered a historical high or low?

To evaluate the current level of NOK to PAB, 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 Panamanian Balboa / US dollar 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 Panamanian Balboa / US dollar?

AI predictions for NOK to PAB 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 Panamanian Balboa / US dollar 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.