Search results
Results from the WOW.Com Content Network
The value of the Norwegian krone compared to other currencies varies considerably from one year to another, mainly based on changes in oil prices and interest rates. In 2002 the Norwegian krone grew to record high levels against the United States dollar and the euro. On 2 January 2002, 100 kroner were worth US$11.14 ($1 = 8.98 kroner).
In 100 years from 1904 to 2004 the value of 1000 kroner has decreased 55−fold, from more than 4000 loaves of bread to less than 70 loaves. (The price of a bread in 2004 was approximately 15 kroner, and the consumer price index in said period increased from 2.0 to 113.3. [8])
This template renders a Norwegian currency value (NOK) with an ISO 4217 identifier linked to the Norwegian krone article. {{NOK|123.45}} produces 123.45 ...
From then on, the only Norwegian coin in use with a value below NOK 1 was the 50-øre coin, which was also deprecated on 1 May 2012. The original value were the 1, 2, 5, 10, 25, and 50-øre coins. The Danish 25 øre coin ceased to be legal tender on 1 October 2008. [2] The only Danish coin currently in use with a value below DKr 1 is the 50 øre.
Danish krone: 1873–present Replaced Danish rigsdaler Faroe Islands: Faroese króna: 1949–present Form of Danish krone. Iceland: Icelandic króna: 1922–present Replaced Danish krone. Norway: Norwegian krone: 1875–present Replaced Norwegian speciedaler. [1] Sweden: Swedish krona: 1873–present Replaced Swedish riksdaler [1]
In September 2017, the fund exceeded US$1 trillion in value for the first time, a thirteen-fold increase since 2002. With a population of 5.2 million people, the fund was worth $192,307 per Norwegian citizen. Of the assets, 65% were equities (accounting for 1.3% of global equity markets), and the rest were property and fixed-income investments.
Storebrand, a leading Norwegian financial services group worth more than $3 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more