Currency pair NOKSEK is the exotic trading instrument occupying not too high step in a rating of exotic currency pairs. This financial instrument shows a ratio of Norwegian krone and the Swedish krona. In NOKSEK pair, the Norwegian krone is the base currency, and Swedish krona — quoted. The greatest activity on the NOKSEK trading instrument can be observed in working hours of the European exchanges.
Unconditional factor NOKSEK influencing quotes of a currency pair is the economic sector of Norway and Sweden. Norway is the rather developed country is also the largest oil producer and gas in Northern Europe.
The Norwegian krone represents rather perspective, currency for investment, and it is favored by promptly growing currency rate. It should be noted that a rate of Norwegian krone depends on a world oil price. Sweden can be characterized, as the advanced country with high economic rates. It should be noted that the NOKSEK trading instrument is rather a low-liquid tool in the market Forex.