Norway (NOK, Krone) Currency FX Analysis
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Norway SWOT Statistics
Currency Strength Survey
Norway has a mixed economy with substantial state-ownership in specific areas such as the petroleum sector. The country is rich in energy resources, but it also specializes in hydropower, fish-products, forests, and minerals. Petroleum accounts for nearly half of exports and over 30% of state revenue. Norway has one of the highest standard of living in Europe.
Krone Currency Analysis Update
Norway (NOK) is a prosperous, capitalist economy and has one of the highest per capital GDPs in the world. Norway's Fundamental Currency Analysis (short term investment): Norway’s currency is significantly overvalued with a strongly negative purchase price parity and investment flow analysis. Norway's Value Investor Survey (short term investment): Norway’s economic environment is very favorable for long term economic growth due to high scores on the SWOT analysis. Norway's Currency Trading Strategy: A very overvalued currency, low investment flow potential, but favorable business environment leads to a negative outlook for Norwegian investments.