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The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. [1] The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn.
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [ 7 ] At present, the euro is legal tender in 20 out of 27 European Union member states, [ 8 ] in addition to 6 countries not part of the EU ( Monaco , San Marino , Vatican City ...
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).
De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating ) Soft pegs ( conventional peg , stabilized arrangement , crawling peg , crawl-like arrangement , pegged exchange rate within horizontal bands )
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 ...
Currency distribution of global foreign exchange market turnover [1. Currency ... GBP £ 12.8%: 12.9%: 0.1pp ... Norwegian krone: NOK: kr, Nkr: 1.8%: 1.7%: 0.1pp
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]