Convert Norwegian Krone to Ugandan Shilling
Please provide values below to convert Norwegian Krone [NOK] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Norwegian Krone.
How to Convert Norwegian Krone to Ugandan Shilling
1 NOK = 0.00283540056405174 UGX
Example: convert 15 NOK to UGX:
15 NOK = 15 × 0.00283540056405174 UGX = 0.0425310084607761 UGX
Norwegian Krone to Ugandan Shilling Conversion Table
| Norwegian Krone | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.