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The krone (Norwegian: [ˈkrûːnə], abbreviation: kr (also NKr for distinction); code: NOK), plural kroner, is the currency of the Kingdom of Norway (including overseas territories and dependencies). It was traditionally known as the Norwegian crown in English; however, this has fallen out of common
Danish krone: 1873–present Replaced Danish rigsdaler Faroe Islands: Faroese króna: 1949–present Form of Danish krone. Iceland: Icelandic króna: 1922–present Replaced Danish krone. Norway: Norwegian krone: 1875–present Replaced Norwegian speciedaler. [1] Sweden: Swedish krona: 1873–present Replaced Swedish riksdaler [1]
Norwegian banknotes are circulated, in addition to Norwegian coins, with a denomination of Norwegian kroner, as standard units of currency in Norway. From 1877, after the establishment of the Scandinavian Monetary Union , Norwegian banknotes of 1000, 500, 200, 100, 50, 10 and 5 kroner have been put into circulation.
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned.
Øre (plural øre, Danish pronunciation:, Norwegian pronunciation: [ˈø̀ːrə]) is the centesimal subdivision of the Danish and Norwegian krone.The Faroese division is called the oyra, but is equal in value to the Danish coin.
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 Danish krone (DKK).
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.
From 1816, the Norwegian skilling (pronounced [ˈʂɪ̂lːɪŋ]) was equivalent to 1 ⁄ 120 of a speciedaler, and before that 1 ⁄ 120 of a rigsdaler specie, or 1 ⁄ 96 of a rigsdaler courant. It was introduced in Norway in the early 16th century and was abolished 1875.