Convert Norwegian Krone to Armenian Dram
Please provide values below to convert Norwegian Krone [NOK] to Armenian Dram [AMD], or Convert Armenian Dram to Norwegian Krone.
How to Convert Norwegian Krone to Armenian Dram
1 NOK = 0.026329178524839 AMD
Example: convert 15 NOK to AMD:
15 NOK = 15 × 0.026329178524839 AMD = 0.394937677872585 AMD
Norwegian Krone to Armenian Dram Conversion Table
| Norwegian Krone | Armenian Dram |
|---|
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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.