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In 1933 the krone was pegged to the pound sterling at 1 pound = 19.9 kroner, and in 1939 the krone was pegged to the U.S. dollar at $1 = 4.4 kroner. [ 4 ] During the German occupation (1940–1945) in the Second World War , the krone was initially pegged to the Reichsmark at a rate of 1 krone = 0.6 Reichsmark, later reduced to 0.57.
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [ 7 ] At present, the euro is legal tender in 20 out of 27 European Union member states, [ 8 ] in addition to 6 countries not part of the EU ( Monaco , San Marino , Vatican City ...
Norwegian banknotes are circulated, in addition to Norwegian coins, with a denomination of Norwegian kroner, as standard units of currency in Norway. From 1877, after the establishment of the Scandinavian Monetary Union , Norwegian banknotes of 1000, 500, 200, 100, 50, 10 and 5 kroner have been put into circulation.
The latter's conversion to 4.50 German gold marks (hence, 1 krone = 1.125 marks) established the gold parity of the krone: one gram of fine gold worth 2.79 marks was equivalent to 2.48 krone (or 0.4032 g gold per krone). [2] The British pound (the "world currency" of the time) was equal to 18.16 kroner, [3] and the franc of France and the Latin ...
Norwegian krone (NOK) Pound sterling (GBP) Swedish krona (SEK) Swiss franc (CHF) United States dollar (USD) In some banking circles, reference is made to the G11 currencies, which are the G10 currencies plus the Danish krone (DKK).
Norwegian krone: Norges Bank: float Moldova: Moldovan leu: National Bank of Moldova United Kingdom [b] Sterling: Bank of England: float Ukraine: Ukrainian hryvnia: National Bank of Ukraine Iceland: Icelandic króna: Central Bank of Iceland Turkey: Turkish lira: Central Bank of the Republic of Turkey
Norwegian krone Svalbard kr øre [29] Saint Helena pound Saint Helena £ Penny [30] United Kingdom pound South Georgia and the South Sandwich Islands (United Kingdom) £ Pence [31] United States dollar Bonaire (Netherlands) $ Cent [32] [33] [34] British Virgin Islands (United Kingdom) [32] Guam (United States) [32]
Pound. Alderney pound – Alderney (commemorative, not an independent currency) Anglo-Saxon pound – Anglo-Saxon England; Australian pound – Australia; Bahamian pound – Bahamas; Bermudian pound – Bermuda; Biafran pound – Biafra; British West African pound – Cameroon, The Gambia, Ghana, Liberia, Nigeria and Sierra Leone; Canadian ...