Convert Norwegian Krone to Barbadian Dollar
Please provide values below to convert Norwegian Krone [NOK] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Norwegian Krone.
How to Convert Norwegian Krone to Barbadian Dollar
1 NOK = 5.0559 BBD
Example: convert 15 NOK to BBD:
15 NOK = 15 × 5.0559 BBD = 75.8385 BBD
Norwegian Krone to Barbadian Dollar Conversion Table
| Norwegian Krone | Barbadian Dollar |
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.