Convert New Taiwan Dollar to Norwegian Krone
Please provide values below to convert New Taiwan Dollar [TWD] to Norwegian Krone [NOK], or Convert Norwegian Krone to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Norwegian Krone
1 TWD = 2.90403291204336 NOK
Example: convert 15 TWD to NOK:
15 TWD = 15 × 2.90403291204336 NOK = 43.5604936806503 NOK
New Taiwan Dollar to Norwegian Krone Conversion Table
| New Taiwan Dollar | Norwegian Krone |
|---|
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.