Convert New Zealand Dollar to Norwegian Krone
Please provide values below to convert New Zealand Dollar [NZD] to Norwegian Krone [NOK], or Convert Norwegian Krone to New Zealand Dollar.
How to Convert New Zealand Dollar to Norwegian Krone
1 NZD = 0.165054688581657 NOK
Example: convert 15 NZD to NOK:
15 NZD = 15 × 0.165054688581657 NOK = 2.47582032872486 NOK
New Zealand Dollar to Norwegian Krone Conversion Table
| New Zealand Dollar | Norwegian Krone |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.