Convert Norwegian Krone to South Korean Won
Please provide values below to convert Norwegian Krone [NOK] to South Korean Won [KRW], or Convert South Korean Won to Norwegian Krone.
How to Convert Norwegian Krone to South Korean Won
1 NOK = 0.00731376438334604 KRW
Example: convert 15 NOK to KRW:
15 NOK = 15 × 0.00731376438334604 KRW = 0.109706465750191 KRW
Norwegian Krone to South Korean Won Conversion Table
| Norwegian Krone | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.