Convert Norwegian Krone to Philippine Peso
Please provide values below to convert Norwegian Krone [NOK] to Philippine Peso [PHP], or Convert Philippine Peso to Norwegian Krone.
How to Convert Norwegian Krone to Philippine Peso
1 NOK = 0.177579760564642 PHP
Example: convert 15 NOK to PHP:
15 NOK = 15 × 0.177579760564642 PHP = 2.66369640846963 PHP
Norwegian Krone to Philippine Peso Conversion Table
| Norwegian Krone | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.