Convert Norwegian Krone to Brazilian Real
Please provide values below to convert Norwegian Krone [NOK] to Brazilian Real [BRL], or Convert Brazilian Real to Norwegian Krone.
How to Convert Norwegian Krone to Brazilian Real
1 NOK = 1.81638225255973 BRL
Example: convert 15 NOK to BRL:
15 NOK = 15 × 1.81638225255973 BRL = 27.2457337883959 BRL
Norwegian Krone to Brazilian Real 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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.