Convert Norwegian Krone to Libyan Dinar
Please provide values below to convert Norwegian Krone [NOK] to Libyan Dinar [LYD], or Convert Libyan Dinar to Norwegian Krone.
How to Convert Norwegian Krone to Libyan Dinar
1 NOK = 1.86289609432572 LYD
Example: convert 15 NOK to LYD:
15 NOK = 15 × 1.86289609432572 LYD = 27.9434414148858 LYD
Norwegian Krone to Libyan Dinar Conversion Table
| Norwegian Krone | Libyan 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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.