Convert Kazakhstani Tenge to Norwegian Krone
Please provide values below to convert Kazakhstani Tenge [KZT] to Norwegian Krone [NOK], or Convert Norwegian Krone to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Norwegian Krone
1 KZT = 52.8796257837378 NOK
Example: convert 15 KZT to NOK:
15 KZT = 15 × 52.8796257837378 NOK = 793.194386756067 NOK
Kazakhstani Tenge to Norwegian Krone Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.