Convert Norwegian Krone to Salvadoran Colón
Please provide values below to convert Norwegian Krone [NOK] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Norwegian Krone.
How to Convert Norwegian Krone to Salvadoran Colón
1 NOK = 1.15704190984346 SVC
Example: convert 15 NOK to SVC:
15 NOK = 15 × 1.15704190984346 SVC = 17.3556286476519 SVC
Norwegian Krone to Salvadoran Colón Conversion Table
| Norwegian Krone | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.