This allows the investor to be as broad or as specific as they want to be when selecting stocks. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The Nok culture was one of the earliest known societies of Western Africa. It existed in modern-day Nigeria from around 500 B.C.E. to 200 C.E.
Click on United States Dollars or Norwegian Kroner to convert between that currency and all other currencies. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Not much is known of the Nok culture other than its iron works and terracotta sculptures, like this bas-relief. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Most banks in Norway come with a mobile banking app, making it easier than ever to track income and expenditure. The apps allow you to pay bills with a face identification, electronic signature or a one-time code. It’s also possible to access your account anywhere and at any time.
The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). A higher number means the company has more debt to equity, whereas a lower number means it has less debt 5 best turnkey solution providers 2022 to equity. A D/E ratio of 1 means its debt is equivalent to its common equity. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others.
The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. These are the average exchange rates of these two currencies for the last 30 and 90 days. The Norwegian krone (NOK) is the official currency of Norway. Its regulation and circulation are controlled by the country’s central bank, the Norges Bank. The bank has issued its eighth series of banknotes, including the latest in November 2019, which saw new 1000-krone bills. The year before introduced the new 50-krone and 500-krone bills and 2017 brought the new 100-krone and 200-krone bills.
Nokia (NOK) Gains But Lags Market: What You Should Know
In 1917, 1 krone notes were issued, and 2 kroner notes were issued between 1918 and 1922. Because of metal shortages, 1 and 2 kroner notes were again issued between 1940 and 1950. In 1963, 5 kroner notes were replaced by coins, with the same happening to the 10 kroner notes in 1984. The 10 and 20 kroner coins carry the effigy of the current monarch.
- This allowed for much easier trade between the three countries, and it was a huge success.
- Then, in 1982, the minting of the 5 and 25-øre coins also stopped, while the last 10-øre coins were produced a decade later.
- This Norwegian Krone and United States Dollar convertor is up to date with exchange rates from October 1, 2023.
- The PEG ratio is the P/E ratio divided by its long-term growth rate consensus.
- That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B.
The simple reason why Norway does not use Euro is because Norway is not a member of the European Union. It would make no sense for Norway to start having euro as acciones de uber a currency. Enter the amount to be converted in the box to the left of Norwegian Krone. Use “Swap currencies” to make United States Dollar the default currency.
The new bank notes
The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. When the monetary union was dissolved in 1914 at the onset of World War I, the member countries retained the names of their respective currencies. The krone was used as the gold standard for the Scandinavian Monetary Union, and one kilogram of gold was equivalent to 2,490 kroner. The standard was suspended in 1931, but Norway continued holding the union’s gold reserves.
Norwegian Krone Exchange Rate
Archaeologists have also discovered other iron artifacts from the Nok, like farming tools and weapons. However, while the Nok certainly had iron-smelting technology, they also used stone tools as well as metal, which suggests that metal materials were scarce and not widespread. Some believe that the Nok’s artistry influenced the beautiful metalwork of the Ife people, who later lived in the area of Nigeria. The Ife people (who lived around the 11th – 15th centuries C.E.) were famous for detailed and lifelike metal sculptures of human heads. However, it is still unclear whether the Nok art and metal working influenced later African societies like the Ife. Aside from what we can learn from their terracotta artwork, most details of Nok culture, society, and social organization remain unknown.
Xe Rate Alerts
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Looking at its valuation, trendline trading strategy Nokia is holding a Forward P/E ratio of 8.95. For comparison, its industry has an average Forward P/E of 12.61, which means Nokia is trading at a discount to the group. NOK’s full-year Zacks Consensus Estimates are calling for earnings of $0.42 per share and revenue of $26.4 billion.
1 NOK contains 100 øre, in the same way the euro has cents or the pound pennies. It is now only used in the quotation of prices and in shops and online. But, it’s made even more meaningful when looking at the longer-term 4 week percent change. And, of course, the 4 week change helps put the 1 week change into context. This shows the percentage of profit a company earns on its sales. The Price to Sales ratio or P/S is calculated as price divided by sales.
The average monthly salary in Norway was 50,800 NOK, according to Statistics Norway, a figure that converts to $5,178. Much of that salary is subject to income taxes, which are returned to the public in the form of health care and generous welfare programs. Norway is one of the wealthiest countries on the globe and enjoys one of the highest standards of living.
In general, a lower number or multiple is usually considered better that a higher one. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. If a stock’s Q1 estimate revision decreases leading up to its earnings release, that’s usually a negative sign, whereas an increase is typically a positive sign. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days).