INR/NOK is the currency pair comparing the price of INR/NOK to that of INR/NOK and current figures tell us that we need 0.13180 NOK if we're interested in buying a INR.
Going into terminology, in this case INR is the transaction currency or base currency therefore the counter or quote currency is NOK.
To be as descriptive as possible, we are going to comment that in the last few hours the minimum price this pair has reached has been 0.13130, but the maximum price has reached 0.13220 with a variation of 0.00100, that is, a percentage variation of 0.74000%.