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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).
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]
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
10:1 for commodities other than gold and non-major equity indices; 5:1 for individual equities and other reference values; 2:1 for crypto-currencies. ESMA's major currency pairs comprise any two of the following currencies: the US dollar, the euro, the Japanese yen, the pound sterling, the Canadian dollar or the Swiss franc. [4]
The monetary union established the gold krone (krona in Swedish) replacing the legacy currencies at the rate of 1 krone = 1 Swedish riksdaler = 1 ⁄ 2 Danish rigsdaler = 1 ⁄ 4 Norwegian speciedaler = 1 ⁄ 4 Hamburg reichsthaler.
The first 200 kroner banknote was first published in 1994. The others have been in use since 1877. Banknotes of 5 and 10 kroner were in use until 1963 and 1983 when they were replaced by coins. From 1917 to 1925 and 1940-1950 there was a shortage of small change, and 1 and 2 kroner banknotes were printed as "arbitration coins banknotes."
Financial amounts are in millions of Norwegian kroner (1 US dollar = 8.85 kroner as of 12/02/2022 [1]). The information provided for each company includes subsidiaries. Also on the list are subsidiaries of foreign companies. The list is based on the audited accounts for 2006.
Its value in terms of other currencies has historically been swift to change, for example against the US and Canadian dollars, and the other Nordic currencies (Swedish krona, Norwegian krone, Danish krone), and the euro. For example, during the first half of 2006, the Icelandic krona ranged between 50 and 80 per US dollar.