Convert Norwegian Krone to Rwandan Franc
Please provide values below to convert Norwegian Krone [NOK] to Rwandan Franc [RWF], or Convert Rwandan Franc to Norwegian Krone.
How to Convert Norwegian Krone to Rwandan Franc
1 NOK = 0.00698631823557707 RWF
Example: convert 15 NOK to RWF:
15 NOK = 15 × 0.00698631823557707 RWF = 0.104794773533656 RWF
Norwegian Krone to Rwandan Franc Conversion Table
| Norwegian Krone | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.