Convert Norwegian Krone to Qatari Rial
Please provide values below to convert Norwegian Krone [NOK] to Qatari Rial [QAR], or Convert Qatari Rial to Norwegian Krone.
How to Convert Norwegian Krone to Qatari Rial
1 NOK = 2.77796703296703 QAR
Example: convert 15 NOK to QAR:
15 NOK = 15 × 2.77796703296703 QAR = 41.6695054945055 QAR
Norwegian Krone to Qatari Rial Conversion Table
| Norwegian Krone | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.