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XPF to NOK – CFP Franc to Norwegian Krone Exchange Rate

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About CFP Franc to Norwegian Krone

The CFP Franc (XPF) is used in French Polynesia, New Caledonia and Wallis and Futuna. It is pegged to the Euro at 119.332 XPF/EUR. New Caledonia has significant nickel reserves. French Polynesia's economy is dominated by tourism, pearl cultivation and vanilla exports….

The Norwegian Krone (NOK) is closely tied to oil prices as Norway is Western Europe's largest oil producer. The Government Pension Fund Global, the world's largest sovereign wealth fund, invests Norway's oil revenues offshore. Norges Bank manages monetary policy with a 2% inflation target….

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