Convert Norwegian Krone to Kuwaiti Dinar
Please provide values below to convert Norwegian Krone [NOK] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Norwegian Krone.
How to Convert Norwegian Krone to Kuwaiti Dinar
1 NOK = 33.1100196463654 KWD
Example: convert 15 NOK to KWD:
15 NOK = 15 × 33.1100196463654 KWD = 496.650294695481 KWD
Norwegian Krone to Kuwaiti Dinar Conversion Table
| Norwegian Krone | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.