Convert Norwegian Krone to Turkish Lira
Please provide values below to convert Norwegian Krone [NOK] to Turkish Lira [TRY], or Convert Turkish Lira to Norwegian Krone.
How to Convert Norwegian Krone to Turkish Lira
1 NOK = 0.250040182291602 TRY
Example: convert 15 NOK to TRY:
15 NOK = 15 × 0.250040182291602 TRY = 3.75060273437403 TRY
Norwegian Krone to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.