Historic Czech koruna Norwegian krone

Czech koruna norwegian krone history for March 2024. The highest quote for this month is 0.45324 (01/03/2024) and the lowest 0.45166 (12/03/2024). The difference between high and low is 0.35.

CZK NOK average rate for March 2024 is 0.45145, the change between 01/03/2024 and 31/03/2024 is +0.35 %.

01 March 20241 CZK = 0.4533 NOK
04 March 20241 CZK = 0.4501 NOK
05 March 20241 CZK = 0.4525 NOK
06 March 20241 CZK = 0.4532 NOK
07 March 20241 CZK = 0.4508 NOK
08 March 20241 CZK = 0.4492 NOK
11 March 20241 CZK = 0.4508 NOK
12 March 20241 CZK = 0.4518 NOK

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.