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The krone (Norwegian: [ˈkrûːnə], abbreviation: kr (also NKr for distinction); code: NOK), plural kroner, is the currency of the Kingdom of Norway (including overseas territories and dependencies). It was traditionally known as the Norwegian crown in English; however, this has fallen out of common
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.
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
Norway's central bank said on Thursday it will cut its daily purchase of the crown currency to zero from 700 million Norwegian crowns ($80 million) due to a larger-than-expected cash inflow from ...
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Norwegian crown – Norway; Slovak crown – Slovakia;
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
The Scandinavian Monetary Union was a monetary union formed by Denmark and Sweden on 5 May 1873, with Norway joining in 1875. It established a common currency unit, the krone/krona, based on the gold standard. It was one of the few tangible results of the Scandinavian political movement of the 19th century. The union ended during World War I. [1]
Media in category "Currencies of Norway" The following 11 files are in this category, out of 11 total. N. File:NOK 500 V recto.jpg; V. File:VII-50-bakside.jpg;