Penafian: CFD adalah instrumen yang kompleks dan memiliki risiko tinggi kehilangan uang dengan cepat karena leverage.
Anda harus mempertimbangkan apakah Anda memahami cara kerja CFD dan apakah Anda mampu mengambil risiko tinggi kehilangan uang Anda.
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North Korean Won (KPW)
The North Korean won, ISO code KPW, is about as closed as a currency gets. It cannot be traded internationally, its official exchange rate is set by the state and may not reflect market conditions, and foreigners have historically been barred from using it at all, steered instead toward hard currencies. Behind the official rate lies a very different reality: a reported black market where the won trades for a small fraction of its supposed value, and where US dollars and Chinese yuan often circulate in place of the local money. A 2009 revaluation wiped out many citizens’ savings overnight. Example: A North Korean trader in a street market may quietly price goods in Chinese yuan or US dollars rather than won, reflecting the reported use of foreign currencies in some transactions and the limitations of the official exchange rate.
Norwegian Krone (NOK)
The Norwegian krone, ISO code NOK, is strongly influenced by Norway’s oil and gas exports. Norway is a major petroleum exporter, so the krone tends to strengthen when crude prices rise and weaken when they fall, moving with the fortunes of the energy market. It is a freely floating, fully convertible currency of a wealthy, stable economy, which makes it a liquid minor currency in the FX world, though smaller and choppier than the majors. Traders sometimes treat it as a way to express a view on oil without touching the commodity directly. Example: When oil prices rally hard, some market participants view the krone as a proxy for oil prices, since the currency can reflect the country’s petroleum export earnings. However, currency movements depend on many factors beyond commodity prices, and this relationship does not always hold.; the flip side is that a slump in oil can put downward pressure on the krone even when the rest of Norway’s economy is doing perfectly well.
Notional Amount
The notional amount is the headline size of a derivative, the face value the contract is based on, even though no one actually hands over that full sum. In a swap, option, or futures contract, the notional is the reference figure used to calculate the payments that change hands, which are usually far smaller. It is why derivatives markets can quote eye-watering totals running into the hundreds of trillions; those numbers are notional, and do not represent the actual amount at risk, which depends on the contract and the parties’ exposures. Confusing the two badly overstates the real exposure. Example: Two parties enter an interest-rate swap with a notional amount of 100 million dollars, but that 100 million typically never moves. It is merely the base on which the interest payments are figured, so what actually flows between them each period is the difference between the two interest rates applied to that notional, which may be much smaller than the headline figure.
Notional value
The value of a product based on the underlying asset or assets.
NYA.X
NYA.X is a ticker for the NYSE Composite Index, one of the broadest measures of the US stock market. Where the Dow tracks 30 names and the S&P 500 tracks 500, this index sweeps in essentially every common stock listed on the New York Stock Exchange, more than two thousand of them, including foreign listings, real estate investment trusts, and American depositary receipts. It is float-adjusted and market-cap weighted, so bigger companies count for more. The breadth is the whole point: it captures the broader NYSE market rather than a curated slice. Example: An analyst wanting to know how the market performed, not just how a handful of megacaps performed, glances at the NYSE Composite under a ticker like NYA.X. If it lagged the narrower S&P 500 on a given day, that may indicate the gains were concentrated in a few giant stocks while the broader mass of listed companies did less well, a divergence the headline indices can easily hide.
NZD
The official currency of New Zealand (NZD).
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