Convert Norwegian Krone to Mexican Peso
Please provide values below to convert Norwegian Krone [NOK] to Mexican Peso [MXN], or Convert Mexican Peso to Norwegian Krone.
How to Convert Norwegian Krone to Mexican Peso
1 NOK = 0.542356336018708 MXN
Example: convert 15 NOK to MXN:
15 NOK = 15 × 0.542356336018708 MXN = 8.13534504028062 MXN
Norwegian Krone to Mexican Peso Conversion Table
| Norwegian Krone | Mexican Peso |
|---|
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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.