Convert Norwegian Krone to Canadian Dollar
Please provide values below to convert Norwegian Krone [NOK] to Canadian Dollar [CAD], or Convert Canadian Dollar to Norwegian Krone.
How to Convert Norwegian Krone to Canadian Dollar
1 NOK = 7.42150458715596 CAD
Example: convert 15 NOK to CAD:
15 NOK = 15 × 7.42150458715596 CAD = 111.322568807339 CAD
Norwegian Krone to Canadian Dollar Conversion Table
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.