Convert from NOK to CVE
Get accurate currency conversions with real-time exchange rates. Monitor and convert between 140+ global currencies instantly.
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Understanding the World's Financial Pulse
The foreign exchange market is a global decentralized network where trillions of dollars change hands daily. It's the largest and most liquid financial market in the world, operating 24 hours a day, five days a week.
Each currency tells a unique story of its nation's economic health, political stability, and global influence. From the mighty US Dollar to the emerging market currencies, these financial instruments shape international trade, investment flows, and the daily lives of billions.
Currency Pair Heatmap
Track currency strength and weakness across major pairs. Green indicates appreciation while red shows depreciation. The percentage change is measured from 5 PM IST yesterday to now.
| USD |  AUD |  CHF |  CNY |  CAD |  GBP |  JPY |  INR | EUR | |
|---|---|---|---|---|---|---|---|---|---|
| USD | 0.000 % | + 0.116 % | -0.233 % | + 0.072 % | -0.005 % | -0.083 % | -0.363 % | -0.090 % | -0.126 % |
| AUD | + 0.116 % | 0.000 % | -2.020 % | + 0.622 % | -0.042 % | -0.714 % | -3.145 % | -0.782 % | -1.089 % |
| CHF | -0.233 % | -0.495 % | 0.000 % | -0.308 % | + 0.021 % | + 0.353 % | + 1.557 % | + 0.387 % | + 0.539 % |
| CNY | + 0.072 % | + 1.607 % | -3.246 % | 0.000 % | -0.068 % | -1.147 % | -5.053 % | -1.256 % | -1.750 % |
| CAD | -0.005 % | -23.651 % | + 47.782 % | -14.719 % | 0.000 % | + 16.889 % | + 74.379 % | + 18.493 % | + 25.757 % |
| GBP | -0.083 % | -1.400 % | + 2.829 % | -0.872 % | + 0.059 % | 0.000 % | + 4.404 % | + 1.095 % | + 1.525 % |
| JPY | -0.363 % | -0.318 % | + 0.642 % | -0.198 % | + 0.013 % | + 0.227 % | 0.000 % | + 0.249 % | + 0.346 % |
| INR | -0.090 % | -1.279 % | + 2.584 % | -0.796 % | + 0.054 % | + 0.913 % | + 4.022 % | 0.000 % | + 1.393 % |
| EUR | -0.126 % | -0.918 % | + 1.855 % | -0.571 % | + 0.039 % | + 0.656 % | + 2.888 % | + 0.718 % | 0.000 % |
Currency News & Analysis
Investors Will Want ShaMaran Petroleum's (CVE:SNM) Growth In ROCE To Persist
Insights Into Cenovus (CVE) Q1: Wall Street Projections for Key Metrics
Sucro Limited (CVE:SUGR) insiders have significant skin in the game with 60% ownership
Here's Why We're Watching Capitan Silver's (CVE:CAPT) Cash Burn Situation
With EPS Growth And More, Kraken Robotics (CVE:PNG) Makes An Interesting Case
International Battery Metals Ltd.'s (CVE:IBAT) 20% gain last week benefited both retail investors who own 44% as well as insiders
Is Cenovus Energy Inc. (CVE) the Best High Growth Energy Stock to Invest in?
Digihost Technology Inc.'s (CVE:DGHI) 28% gain last week benefited both individual investors who own 58% as well as insiders
Why Cenovus Energy Inc. (NYSE:CVE) is One of the Most Profitable Oil Stocks To Invest In
We're Hopeful That RecycLiCo Battery Materials (CVE:AMY) Will Use Its Cash Wisely
Frequently Asked Questions
Get answers to common questions about currency exchange and trading
What factors influence exchange rates?
Exchange rates are influenced by multiple factors including interest rates, inflation, political stability, economic performance, government debt, and terms of trade. Central bank decisions and geopolitical events can also have significant impacts on currency values.
What is the spread in currency trading?
The spread is the difference between the buying (ask) and selling (bid) price of a currency pair. It represents the cost of trading and is how many brokers make their money. Typically, more liquid currency pairs have lower spreads.
When is the forex market open?
The forex market is open 24 hours a day, five days a week. Trading begins in Sydney, then moves to Tokyo, London, and New York. The most active trading periods are when multiple major markets overlap.
What is leverage in forex trading?
Leverage allows traders to control a large position with a small amount of capital. For example, 50:1 leverage means you can control $50,000 with $1,000. While leverage can amplify profits, it also increases potential losses.
How do I read currency pairs?
Currency pairs show how much of the quote currency (second currency) is needed to purchase one unit of the base currency (first currency). For example, in EUR/USD, EUR is the base currency and USD is the quote currency.
What is technical analysis?
Technical analysis involves studying price charts and using statistical indicators to determine future currency movements. Common tools include moving averages, relative strength index (RSI), and Fibonacci retracements.