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The G10 currencies are: [1] [2] [3] Australian dollar (AUD) Canadian dollar (CAD) Euro (EUR) Japanese yen (JPY) New Zealand dollar (NZD) Norwegian krone (NOK) Pound sterling (GBP) Swedish krona (SEK) Swiss franc (CHF) United States dollar (USD) In some banking circles, reference is made to the G11 currencies, which are the G10 currencies plus ...
The value of the Norwegian krone compared to other currencies varies considerably from one year to another, mainly based on changes in oil prices and interest rates. In 2002 the Norwegian krone grew to record high levels against the United States dollar and the euro. On 2 January 2002, 100 kroner were worth US$11.14 ($1 = 8.98 kroner).
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
References ^ "Triennial Central Bank Survey Foreign exchange turnover in April 2019" (PDF). Bank for International Settlements. 16 September 2019. p. 10. Archived (PDF) from the original on 2021-02-07. Retrieved 2019-09-16. Second draft for comment Most traded currencies by value Currency distribution of global foreign exchange market turnover Rank Currency ISO 4217 code Symbol Abbreviation ...
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.
Norwegian krone: kr NOK Øre: 100 6 Norway (Bouvet Island, Jan Mayen, Peter I Island, Queen Maud Land, Svalbard) Central African CFA franc: Fr, F.CFA XAF Centime: 100 6 Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon: South African rand: R ZAR Cent: 100 4 South Africa, Eswatini, Lesotho, Namibia: CFP ...
The latter's conversion to 4.50 German gold marks (hence, 1 krone = 1.125 marks) established the gold parity of the krone: one gram of fine gold worth 2.79 marks was equivalent to 2.48 krone (or 0.4032 g gold per krone).
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]