Convert Norwegian Krone to Albanian Lek
Please provide values below to convert Norwegian Krone [NOK] to Albanian Lek [ALL], or Convert Albanian Lek to Norwegian Krone.
How to Convert Norwegian Krone to Albanian Lek
1 NOK = 0.121249983512458 ALL
Example: convert 15 NOK to ALL:
15 NOK = 15 × 0.121249983512458 ALL = 1.81874975268687 ALL
Norwegian Krone to Albanian Lek Conversion Table
Norwegian Krone | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.