Convert Norwegian Krone to Cambodian Riel
Please provide values below to convert Norwegian Krone [NOK] to Cambodian Riel [KHR], or Convert Cambodian Riel to Norwegian Krone.
How to Convert Norwegian Krone to Cambodian Riel
1 NOK = 0.00251848471593 KHR
Example: convert 15 NOK to KHR:
15 NOK = 15 × 0.00251848471593 KHR = 0.03777727073895 KHR
Norwegian Krone to Cambodian Riel Conversion Table
| Norwegian Krone | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.