Convert Icelandic Króna to Norwegian Krone
Please provide values below to convert Icelandic Króna [ISK] to Norwegian Krone [NOK], or Convert Norwegian Krone to Icelandic Króna.
How to Convert Icelandic Króna to Norwegian Krone
1 ISK = 12.03658102415 NOK
Example: convert 15 ISK to NOK:
15 ISK = 15 × 12.03658102415 NOK = 180.54871536225 NOK
Icelandic Króna to Norwegian Krone Conversion Table
Icelandic Króna | Norwegian Krone |
---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.