nok
NOK - Noorse kroon

The Noorse kroon is the currency of Noorwegen. Our currency rankings show that the most popular Noorse kroon exchange rate is the NOK to USD rate. The currency code for Norway Krone is NOK, and the currency symbol is kr. Below, you'll find Noorse kroon rates and a currency converter.

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The Rigsdaler was used as the main form of currency in Norway until 1816. During this time, Danish currency also circulated in Norway, as the two countries were in a political union. In 1816, the modern central bank of Norway, Norges Bank, was established and the monetary unit was changed to Speciedaler. The currency got devalued in 1830 and was then pegged to silver on a fixed basis. In 1875, Norway joined the Scandinavian Monetary Union (SMU) and adopted the Krone as its official currency. The union lasted until 1914, though all the countries kept their respective currencies afterwards. The Norwegian Krone moved on and off of a gold standard and was also pegged to a number of different currencies at various rates.

  • 1916-1920, 1928-1931: The Krone is put on a gold standard
  • 1931: The currency is fixed to the British Pound at a rate of 19.9 Kroner to 1 Pound
  • 1939: It is re-pegged to the US Dollar at a rate of 4.4. Kroner to 1 Dollar
  • 1940: Under German occupation, it is re-pegged to the Reichsmark at a rate of 1 Krone to 0.6 Reichsmark
  • 1945: The peg is switched to the Pound, this time at a rate of 20 Kroner to 1 Pound
  • 1949: The Krone’s peg changes to the US Dollar at a rate of 7.142 NOK to 1 USD
  • 1971: The Norwegian Krone begins to float freely in the market
  • 1978: The NOK is then linked to a basket of currencies
  • 1992: The currency is let to float freely in the market

Noorse kroon Stats

NameNoorse kroon
Symbolkr
Minor unit1/100 = øre
Minor unit symboløre
Top NOK conversionNOK to USD
Top NOK chartNOK to USD chart

Noorse kroon Profile

CoinsFreq used: kr1, kr5, kr10, kr20
Bank notesFreq used: kr50, kr100, kr200, kr500, kr1000
Central bankNorges Bank
Users
Noorwegen, Bouveteiland, Spitsbergen, Jan Mayen, Koningin Maudland, Peter I-eiland

Live Currency Rates

CurrencyRateChange
EUR / USD1.05200
GBP / EUR1.20127
USD / JPY154.529
GBP / USD1.26373
USD / CHF0.883662
USD / CAD1.39674
EUR / JPY162.564
AUD / USD0.651744

Central Bank Rates

CurrencyInterest Rate
JPY-0.10%
CHF1.75%
EUR4.50%
USD5.50%
CAD5.00%
AUD4.35%
NZD5.50%
GBP5.25%