Historic New Zealand Dollar Norwegian krone

New Zealand Dollar norwegian krone history for January 2024. The highest quote for this month is 6.4757 (08/01/2024) and the lowest 6.4753 (09/01/2024). The difference between high and low is 0.01.

NZD NOK average rate for January 2024 is 6.41944, the change between 01/01/2024 and 31/01/2024 is +0.35 %.

01 January 20241 NZD = 6.42 NOK
02 January 20241 NZD = 6.40 NOK
03 January 20241 NZD = 6.46 NOK
04 January 20241 NZD = 6.46 NOK
05 January 20241 NZD = 6.41 NOK
06 January 20241 NZD = 6.43 NOK
07 January 20241 NZD = 6.43 NOK
08 January 20241 NZD = 6.44 NOK
09 January 20241 NZD = 6.48 NOK
10 January 20241 NZD = 6.46 NOK
11 January 20241 NZD = 6.44 NOK
12 January 20241 NZD = 6.42 NOK
15 January 20241 NZD = 6.41 NOK
16 January 20241 NZD = 6.41 NOK
17 January 20241 NZD = 6.42 NOK
18 January 20241 NZD = 6.42 NOK
19 January 20241 NZD = 6.44 NOK
22 January 20241 NZD = 6.41 NOK
23 January 20241 NZD = 6.39 NOK
24 January 20241 NZD = 6.41 NOK
25 January 20241 NZD = 6.39 NOK
26 January 20241 NZD = 6.37 NOK
29 January 20241 NZD = 6.35 NOK
30 January 20241 NZD = 6.39 NOK
31 January 20241 NZD = 6.40 NOK

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.