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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 July 2002, the krone hit a high at 100 kroner = $13.7 ($1 = 7.36 kroner). In addition to the high level of interest, which increased further on 4 July 2002, to 7 percent ...
Norwegian banknotes are circulated, in addition to Norwegian coins, with a denomination of Norwegian kroner, as standard units of currency in Norway. From 1877, after the establishment of the Scandinavian Monetary Union, Norwegian banknotes of 1000, 500, 200, 100, 50, 10 and 5 kroner have been put into circulation. The first 200 kroner banknote ...
100 Sterling £ GBP Penny: 100 Greece: Euro € EUR Cent: 100 Greenland: Danish krone: kr DKK Øre: 100 Grenada: Eastern Caribbean dollar: EC$ XCD Cent: 100 Guatemala: Guatemalan quetzal: Q GTQ Centavo: 100 Bailiwick of Guernsey: Guernsey pound £ (none) Penny: 100 Sterling £ GBP Penny: 100 Guinea: Guinean franc: Fr GNF Centime: 100 Guinea ...
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]
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 ...
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]
The new currency (krona) became a legal tender and was accepted in all three countries – Denmark, Sweden and Norway. This monetary union lasted until 1914, when it was brought to an end by World War I. As of 2014, the names of the currencies in each country have remained unchanged ("krona" in Sweden, "krone" in Norway and Denmark).
GBP 20: Robert the Bruce: vignette of Bruce, Wallace, Stirling Castle: GBP 20: Robert the Bruce: vignette of the New Lanark textile factory GBP 50: Adam Smith: vignette of 18th century engineering and agriculture: GBP 50: Elsie Inglis: vignette of the Antonine Wall: GBP 100: Lord Kelvin: Kelvin's university lecture room GBP 100: Charles Rennie ...