Norwegian Krone to IQD — NOK to IQD
NOK to IQD Converter
NOK/IQD Rate — Last 30 Days
NOK edged up 0.92% this week — modest gains, no strong directional signal.
The 7-day average rate is below the 30-day average — recent momentum favors IQD strengthening vs NOK. The trend may continue until a catalyst (rate decision, economic data) reverses it.
5 consecutive days where NOK gained vs IQD. Consistent streaks indicate sustained buying pressure — but longer streaks increase the odds of a short-term pullback.
The rate is in the bottom 20% of its 30-day range — bearish short-term positioning. Watch if it holds support or breaks to a new low.
RSI below 50 means sellers are in control over the recent period. At 32, momentum is moderately bearish — not extreme, suggesting the downtrend may have room to continue.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 133.0170 | 131.7404 | 132.1568 |
| 30 days | 142.7564 | 131.7404 | 138.3414 |
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Historical NOK/IQD Rates by Year
What drives the NOK/IQD rate?
Whether you're converting NOK for travel, business, or investment, here's what drives the NOK to IQD exchange rate. The NOK/IQD exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best NOK to IQD rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 NOK exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.