This currency pair represents the value of a single Norwegian Krone in Swedish Kronas. The Norwegian Krone is the official currency for Norway and its three dependent territories: Bouvetøya, Queen Maud Land and Peter I Island. It is important to note that while Sweden is required to join the Eurozone and adopt the Euro, due to concerns regarding the implications for its economy, has yet to do so. Decisions coming from Norges Bank (The Central Bank of Norway) and Sveriges Riksbank (The Swedish National Bank) are likely to influence this currency pair. Stay tuned for more updates and price news.