Norwegian Krone Wiki
The Norwegian krone ([ˈkrûːnə], sign: kr; code: NOK), plural kroner, is the official currency of the Kingdom of Norway (including Svalbard). It is subdivided into 100 øre, which have existed only electronically since 2012. The name translates into English as crown. The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007.The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn. Norwegians spent 14.1 billion NOK on border shopping in 2015 compared to 10.5 billion NOK spent in 2010. Border shopping is a fairly common practice amongst Norwegians, though it is seldom done on impulse. Money is spent mainly on food articles, alcohol and tobacco, in that order, usually in bulk or large quantities. This is due to considerably higher taxes and fees on tobacco and alcohol purchased domestically in Norway. With currencyconverts.com you can convert Krone (Nkr) to any other foreign currency. To convert a certain amount of Norwegian Krone use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Krone is calculated from mid-market real price and updates daily. Usually people search for NOK exchange rate before business travel to Svalbard and Jan Mayen, Norway, or during trip to other countries and want to check rate of Norwegian Krone in local money. On this page you can convert Krone to main foreign currencies, get fast access to most used amounts of NOK or aether calculate any amount of Norwegian Krone in other fiat money.