NOK/SEK
View indicative pricing and leverage information for NOK/SEK.
NOK/SEK price chart
NOK/SEK market insights
Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.
If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.
| Pivot point | 1.02299 |
| Bid | |
| Offer | |
| Distance |
| High | 1.02506 |
| Low | 1.01943 |
| Close | 1.0245 |
| S1 | 1.02093 |
| S2 | 1.01736 |
| S3 | 1.0153 |
| R1 | 1.02656 |
| R2 | 1.02862 |
| R3 | 1.03219 |
Last updated 8/28/2026, 11:59:59 PM
| Pivot point | 1.02095 |
| Bid | |
| Offer | |
| Distance |
| High | 1.02506 |
| Low | 1.0133 |
| Close | 1.0245 |
| S1 | 1.01685 |
| S2 | 1.0092 |
| S3 | 1.0051 |
| R1 | 1.0286 |
| R2 | 1.0327 |
| R3 | 1.04035 |
Last updated 8/28/2026, 11:59:59 PM
| Pivot point | 0.99962 |
| Bid | |
| Offer | |
| Distance |
| High | 1.01622 |
| Low | 0.97724 |
| Close | 1.00541 |
| S1 | 0.98303 |
| S2 | 0.96065 |
| S3 | 0.94405 |
| R1 | 1.02201 |
| R2 | 1.0386 |
| R3 | 1.06099 |
Last updated 7/31/2026, 11:59:59 PM
Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.
Economic calendar
NOK/SEK overview
NOK/SEK is an exotic forex pair representing how many Swedish kronor equal one Norwegian krone. Both Norway and Sweden are in the EU, but neither country has adopted the euro as its official currency. However, the close trade ties between eurozone nations mean related economic events will still impact the value of NOK/SEK.
As one of Europe’s largest oil producers, Norway’s currency is more affected by the price of oil than Sweden’s. Sweden’s currency is influenced most heavily by monetary policy and the price of commodities like wood, iron, and steel, some of Sweden’s top exports.
| Margin from | 5.0 % |
| Min trade size | 1,000 |
| Long | 0.05 |
| Short | -0.05 |
| Min stop distance | 0.0 Points |
| Guaranteed order minimum | 100 Points |
Spreads
| Spreads from | 0.001 Points |
Margins
| 0 - 160,000,000 | 5.0 % |
| 160,000,000 - 200,000,000 | 10.0 % |
| 200,000,000 + | 30.0 % |
Dealing
| Spreads from | 0.001 Points |
Margins
| 0 - 160,000,000 | 5.0 % |
| 160,000,000 - 200,000,000 | 10.0 % |
| 200,000,000 + | 30.0 % |
Forex explained
When is the forex market open for trading?
The forex market is open for trading 24-hours a day from 10pm (UTC) on Sunday to 10pm (UTC) on Friday. That means with FX, you can build your trading strategy around your schedule, instead of having to conform to when a stock exchange is open.
However, there are times when the market is much more active, and times when it is comparatively dormant. To learn the best times to trade forex, read our dedicated page.
Where is forex traded?
Forex is traded via a global network of banks in what’s known as an over-the-counter market – unlike shares and commodities, which are bought and sold on exchanges. Because of this, you can trade forex 24-hours a day.
FX trading is split across four main ‘hubs’ in London, Tokyo, New York and Sydney. When banks in one of these areas close, those in another open, which is what facilitates round-the-clock trading.
However, there’s no physical location where these banks and individuals trade with each other. Instead, it is entirely online.
Why do people trade currencies?
People trade currencies for lots of different reasons. You’ve probably traded a currency if you’ve ever bought goods overseas, for example, or gone on a foreign holiday. However, the vast majority of FX trading is done for profit.
Currencies are constantly moving in value against each other. On any given day, the pound might be rising against the dollar, while the euro falls against the Swiss franc. Forex traders buy and sell currency pairs to try and take advantage of this volatility and earn a return.
For instance, if the pound is rising against the dollar, you might buy GBP/USD. When you buy this pair, you’re buying pound sterling (GBP) by selling the US dollar (USD). Then, if the pound continues to outpace the dollar, you can sell the pair to exchange your GBP back for USD and keep the difference as profit.