Convert Norwegian Krone to Lebanese Pound
Please provide values below to convert Norwegian Krone [NOK] to Lebanese Pound [LBP], or Convert Lebanese Pound to Norwegian Krone.
How to Convert Norwegian Krone to Lebanese Pound
1 NOK = 0.000112981005586592 LBP
Example: convert 15 NOK to LBP:
15 NOK = 15 × 0.000112981005586592 LBP = 0.00169471508379888 LBP
Norwegian Krone to Lebanese Pound Conversion Table
| Norwegian Krone | Lebanese Pound |
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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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.