Euro to Norwegian Krone — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Norway

Currency Code, Symbol: NOK, Kr

Denominations of coins in circulation: 50 kr, 100 kr, 200 kr, 500 kr

Denominations of banknotes in circulation: 1, 5, 10, 20 kr

History: The Norwegian krone (kr) is the official currency issued and accepted for payment in the Kingdom of Norway. In foreign currency exchange, the term for the currency is NOK. The Norwegian krone could be previously subdivided into øre.Every NOK had øre. However, in 2012, the last coins left in circulation – 50 øre – were eliminated. The Norwegian krone had a characteristic design in a marine style. The notes have lighthouses, sailboats, and rare sea animals. The currency floats independently.Read More