Easy to rank on this keyword?

Hey guys..
Found a keyword with 74.000 local searches. Adwords says the competition is low..
My website does not contain anything resembling to the keyword. Let`s call the keyword AB.
Yes it`s a 2 letter word.

What are my chance of ranking on this keyword in my own native language. Norwegian.
Can i use my domain and just create a page that has the url /AB?

Im pretty new at this.. working on my webstore

Any suggestions are very appreciated!

Two letter keywords are typically pretty useless since the traffic is not pre-qualified. If you're still interested in pursuing it (not sure why you would) I would look at metrics other than the AdWords competition score. Look at the top ranking page's PageRank, It's Moz Domain Authority (visit opensiteexplorer.com) and whether the keyword is in their title tags. They're are dozens of metrics to consider - I personally love using Market Samurai for this sort of stuff.

thats very hard and not easy KW.

Ok. thankyou for saving me hours of time trying to rank on that keyword!