Convert Norwegian Krone to Nigerian Naira
Please provide values below to convert Norwegian Krone [NOK] to Nigerian Naira [NGN], or Convert Nigerian Naira to Norwegian Krone.
How to Convert Norwegian Krone to Nigerian Naira
1 NOK = 0.00660598474073578 NGN
Example: convert 15 NOK to NGN:
15 NOK = 15 × 0.00660598474073578 NGN = 0.0990897711110366 NGN
Norwegian Krone to Nigerian Naira Conversion Table
| Norwegian Krone | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.