Convert Chinese Yuan to Norwegian Krone
Please provide values below to convert Chinese Yuan [CNY] to Norwegian Krone [NOK], or Convert Norwegian Krone to Chinese Yuan.
How to Convert Chinese Yuan to Norwegian Krone
1 CNY = 0.709458256690203 NOK
Example: convert 15 CNY to NOK:
15 CNY = 15 × 0.709458256690203 NOK = 10.6418738503531 NOK
Chinese Yuan to Norwegian Krone Conversion Table
| Chinese Yuan | Norwegian Krone |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.