Convert Norwegian Krone to Thai Baht
Please provide values below to convert Norwegian Krone [NOK] to Thai Baht [THB], or Convert Thai Baht to Norwegian Krone.
How to Convert Norwegian Krone to Thai Baht
1 NOK = 0.313908222248437 THB
Example: convert 15 NOK to THB:
15 NOK = 15 × 0.313908222248437 THB = 4.70862333372655 THB
Norwegian Krone to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.