Convert Norwegian Krone to Iranian Rial
Please provide values below to convert Norwegian Krone [NOK] to Iranian Rial [IRR], or Convert Iranian Rial to Norwegian Krone.
How to Convert Norwegian Krone to Iranian Rial
1 NOK = 0.000238274079035091 IRR
Example: convert 15 NOK to IRR:
15 NOK = 15 × 0.000238274079035091 IRR = 0.00357411118552637 IRR
Norwegian Krone to Iranian Rial Conversion Table
| Norwegian Krone | Iranian Rial |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.