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Facts about the Norwegian Krone
Norwegian Krone is the national currency of Norway. It started to circulate in 1875 and is now regulated by the Norwegian central bank. NOK has proven to be a stable currency. However, when it comes to its fluctuations, they can be caused by an increase or decrease in the global prices of crude oil since Norway is a leading exporter of this natural resource in Europe. Norwegian Krone usually attracts more traders’ attention when the euro is expected to decline in price or there is market uncertainty about its further movements.
FAQ
What does NOK mean in currency?
What is the symbol of the Norwegian Krone?
What Makes the Norwegian Krone Important?
What countries use Norwegian Krone?
Is NOK a good investment?
Norwegian Krone Stats
Name
NOK
Symbol
kr
Minor unit
1/100 = øre
Minor unit symbol
øre
Bank notes
5, 10, 50, 100, 200, 500, 1000 (rarely used)
Forex Investing
Norwegian Krone Exchanges Rates
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