File:500_kroner_observe.jpg · Wikimedia Commons · See Wikimedia Commons
The Norwegian krone is the official money used in Norway for buying and selling goods and services. It matters because it's the medium of exchange that enables commerce and economic activity throughout the country.
AI-generated from the Wikipedia summary — may contain errors.
Wikidata facts
- Instance of
- legal tender
- Subclass of
- crown
- Has part
- Norwegian banknote
- Country
- Norway
- Image
- NOK 1 1942.jpg
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- Commons category
- Money of Norway
- central bank/issuer
- Norges Bank
- price
- 0.20097674699037321381916112305806218220551882147235564845147416443917438752
- applies to jurisdiction
- Norway
- location of creation
- Royal Norwegian Mint
- unit symbol
- kr
- start time
- 1875-00-00
- described by source
- Brockhaus and Efron Encyclopedic Dictionary
- short name
- NOK
- replaces
- Norwegian rigsdaler
- conversion to standard unit
- 0.1121201928467317
- P8168
- Erinnyis alope
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Encyclopedic overview
The krone ( Norwegian: [ˈkrûːnə], abbreviation: kr (also NKr for distinction); code: NOK), plural kroner, is the currency of the Kingdom of Norway (including overseas territories and dependencies). It was traditionally known as the Norwegian crown in English; however, this has fallen out of common usage. It is nominally subdivided into 100 øre, although the last coins denominated in øre were withdrawn in 2012.
The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. It is considered to be one of the world's G10 currencies, a group of the most traded currencies in the world.
Excerpted from Wikipedia’s “Norwegian krone” article, available under the CC BY-SA 4.0 licence.
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