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 0.089735
Selling rate
NOK0.099280
Norwegian Krone (NOK)
Currency Details
Symbol: kr
ISO Code: NOK
Subunits: 1 Krone = 100 øre
Banknotes and Coins
The Norwegian Krone is available in both coins and banknotes:
Coins:
Coins are available in denominations of
1 kroner
5 kroner
10 kroner
20 kroner
50 øre.
Banknotes:
Current banknotes in circulation:
50 kr
100 kr
200 kr
500 kr
1000 kr
The banknotes and coins of the Norwegian Krone feature various historical figures, cultural motifs, and natural landmarks of Norway.
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.
Currency Details
Symbol: kr
ISO Code: NOK
Subunits: 1 Krone = 100 øre
Banknotes and Coins
The Norwegian Krone is available in both coins and banknotes:
Coins:
Coins are available in denominations of
1 kroner
5 kroner
10 kroner
20 kroner
50 øre.
Banknotes:
Current banknotes in circulation:
50 kr
100 kr
200 kr
500 kr
1000 kr
The banknotes and coins of the Norwegian Krone feature various historical figures, cultural motifs, and natural landmarks of Norway.
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.