Convert Norwegian Krone to Algerian Dinar
Please provide values below to convert Norwegian Krone [NOK] to Algerian Dinar [DZD], or Convert Algerian Dinar to Norwegian Krone.
How to Convert Norwegian Krone to Algerian Dinar
1 NOK = 0.0777825384285801 DZD
Example: convert 15 NOK to DZD:
15 NOK = 15 × 0.0777825384285801 DZD = 1.1667380764287 DZD
Norwegian Krone to Algerian Dinar Conversion Table
| Norwegian Krone | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.