Convert Malaysian Ringgit to Norwegian Krone
Please provide values below to convert Malaysian Ringgit [MYR] to Norwegian Krone [NOK], or Convert Norwegian Krone to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Norwegian Krone
1 MYR = 0.418461599319607 NOK
Example: convert 15 MYR to NOK:
15 MYR = 15 × 0.418461599319607 NOK = 6.2769239897941 NOK
Malaysian Ringgit to Norwegian Krone Conversion Table
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.