Historic Czech koruna Norwegian krone

Czech koruna norwegian krone history for May 2021. The highest quote for this month is 0.40189 (21/05/2021) and the lowest 0.40103 (24/05/2021). The difference between high and low is 0.21.

CZK NOK average rate for May 2021 is 0.39484, the change between 01/05/2021 and 31/05/2021 is -3.49 %.

03 May 20211 CZK = 0.3871 NOK
04 May 20211 CZK = 0.3879 NOK
05 May 20211 CZK = 0.3874 NOK
06 May 20211 CZK = 0.3886 NOK
07 May 20211 CZK = 0.3899 NOK
10 May 20211 CZK = 0.3899 NOK
11 May 20211 CZK = 0.3923 NOK
12 May 20211 CZK = 0.3932 NOK
13 May 20211 CZK = 0.3939 NOK
14 May 20211 CZK = 0.3955 NOK
17 May 20211 CZK = 0.3924 NOK
18 May 20211 CZK = 0.3953 NOK
19 May 20211 CZK = 0.3962 NOK
20 May 20211 CZK = 0.3981 NOK
21 May 20211 CZK = 0.3986 NOK
24 May 20211 CZK = 0.4010 NOK
25 May 20211 CZK = 0.4010 NOK
26 May 20211 CZK = 0.4007 NOK
27 May 20211 CZK = 0.4015 NOK
28 May 20211 CZK = 0.4005 NOK
31 May 20211 CZK = 0.4006 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.