Convert Norwegian Krone to Icelandic Króna
Please provide values below to convert Norwegian Krone [NOK] to Icelandic Króna [ISK], or Convert Icelandic Króna to Norwegian Krone.
How to Convert Norwegian Krone to Icelandic Króna
1 NOK = 0.0830800704945712 ISK
Example: convert 15 NOK to ISK:
15 NOK = 15 × 0.0830800704945712 ISK = 1.24620105741857 ISK
Norwegian Krone to Icelandic Króna Conversion Table
| Norwegian Krone | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.