Convert Norwegian Krone to Euro
Please provide values below to convert Norwegian Krone [NOK] to Euro [EUR], or Convert Euro to Norwegian Krone.
How to Convert Norwegian Krone to Euro
1 NOK = 11.8585669051249 EUR
Example: convert 15 NOK to EUR:
15 NOK = 15 × 11.8585669051249 EUR = 177.878503576873 EUR
Norwegian Krone to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.