Currency Rate
Norwegian Krone to USD
Our Currency Rate NOK latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the NOK. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
NOK 0.092294
Selling rate
NOK0.102112
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The Norwegian krone (symbol: kr; code: NOK) is the official currency of Norway.
Currency Details
- Country code NO
- Symbol NOK
- ISO Code NOK
- Subunits 1 Krone = 100 Øre
Coins
- 1 krone
- 5 kroner
- 10 kroner
- 20 kroner
Banknotes
- 50 kroner
- 100 kroner
- 200 kroner
- 500 kroner
- 1000 kroner
Norwegian Krone (NOK)
History and Background
The Norwegian Krone has been the official currency of Norway since 1875, replacing the Norwegian speciedaler. It is managed and issued by Norges Bank, the central bank of Norway.
Economic Significance
The NOK is crucial to Norway's economy, facilitating trade, investment, and daily transactions. Norway's economy is primarily driven by petroleum, natural gas, fisheries, shipping, and forestry.
Usage and Exchange
The Norwegian Krone is widely accepted across Norway for all transactions. For international visitors and expatriates, exchanging foreign currency for Norwegian Kroner can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Norwegian Krone is not just a currency; it is a symbol of Norway's economic stability, natural beauty, and cultural heritage. Understanding the NOK is essential for anyone engaging with Norway's economy, whether as a resident or a visitor. The stability and accessibility of the Norwegian Krone play a significant role in the country's economic growth and development.
History and Background
The Norwegian Krone has been the official currency of Norway since 1875, replacing the Norwegian speciedaler. It is managed and issued by Norges Bank, the central bank of Norway.
Economic Significance
The NOK is crucial to Norway's economy, facilitating trade, investment, and daily transactions. Norway's economy is primarily driven by petroleum, natural gas, fisheries, shipping, and forestry.
Usage and Exchange
The Norwegian Krone is widely accepted across Norway for all transactions. For international visitors and expatriates, exchanging foreign currency for Norwegian Kroner can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Norwegian Krone is not just a currency; it is a symbol of Norway's economic stability, natural beauty, and cultural heritage. Understanding the NOK is essential for anyone engaging with Norway's economy, whether as a resident or a visitor. The stability and accessibility of the Norwegian Krone play a significant role in the country's economic growth and development.