Convert Norwegian Krone to Argentine Peso
Please provide values below to convert Norwegian Krone [NOK] to Argentine Peso [ARS], or Convert Argentine Peso to Norwegian Krone.
How to Convert Norwegian Krone to Argentine Peso
1 NOK = 0.00798613140415584 ARS
Example: convert 15 NOK to ARS:
15 NOK = 15 × 0.00798613140415584 ARS = 0.119791971062338 ARS
Norwegian Krone to Argentine Peso Conversion Table
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.