Norwegian Krone

Norwegian Krone

The krone [ˈkruːnə] (sign: kr; code: NOK), plural kroner, is the currency of Norway and its dependent territories. It is subdivided into 100 øre, which exist only electronically since 2012. The name translates into English as crown. The krone was the thirteenth most traded currency in the world by value in April 2010, down three positions from 2007.

Palladium Ounce

Palladium Ounce

Palladium is a chemical element with symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). These have similar chemical properties, but palladium has the lowest melting point and is the least dense of them. More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into less noxious substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment, and jewelry. Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water. Ore deposits of palladium and other PGMs are rare. The most extensive deposits have been found in the norite belt of the Bushveld Igneous Complex covering the Transvaal Basin in South Africa; the Stillwater Complex in Montana, United States; the Sudbury Basin and Thunder Bay District of Ontario, Canada; and the Norilsk Complex in Russia. Recycling is also a source, mostly from scrapped catalytic converters. The numerous applications and limited supply sources result in considerable investment interest.

9472 Norwegian Krone to Palladium Ounce exchange rates chart

9472 NOK to XPD exchange rates graph
9472 NOK to XPD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

9472 NOK to XPD exchange rates table

Exchange NOK to XPD
9472 Norwegian Krone = 1.004 Palladium Ounce
18944 Norwegian Krone = 2.008 Palladium Ounce
47360 Norwegian Krone = 5.021 Palladium Ounce
94720 Norwegian Krone = 10.042 Palladium Ounce
Exchange Norwegian Krone to Palladium Ounce
9472 Norwegian Krone to Palladium Ounce Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

9472 NOK to XPD exchange rates news

Gold ends higher for a third session and books a more than 1% weekly advance
Gold ends higher for a third session and books a more than 1% weekly advance

Gold futures end higher Friday for a third consecutive session to book a weekly advance of more than 1%, with geopolitical turmoil and broader equity market weakness helping to underpin prices.

conditional neutral
3 Reasons Why Precious Metals Streamers Are Better Investments Than Miners

Wheaton Precious Metals Corp. (USA) (NYSE:WPM) is an attractively valued play on gold and silver.

indicative positive
Gold climbs back above $1,200/oz as dollar rally pauses

* Silver touches lowest since Sept. 11; * GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl

indicative negative
Precious metal prices decrease in Azerbaijan
Precious metal prices decrease in Azerbaijan

Prices for precious metals decreased in Azerbaijan on Nov. 12, according to the data published by the country’s Central Bank.

indicative neutral

9472 NOK to XPD currency converter