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CHFNOK is a currency pair of the Swiss franc (CHF) and the Norwegian krone (NOK). The Swiss franc is the currency of Switzerland in high demand as a safe haven, and the Norwegian krone is the currency of Norway, a country rich in natural resources. The Swiss franc was once an important currency along with the British pound, the Deutsche mark, and the French franc. Since Switzerland is not a member of the EU, the Swiss franc is still in use even after the birth of the euro, the unified currency of the EU. As the currency of the permanently neutral country with political and economic stability, it is recognized as a safe haven that tends to be bought in times of risk or uncertainty in the world. Having developed North Sea oil fields and become a natural resource-rich country, Norway maintains a stable economy by exporting its abundant resources to Western countries. The Norwegian krone has a tendency to be affected by the euro rate due to the large trade volume with the European bloc.