Historic Norwegian krone Czech koruna

Norwegian krone czech koruna history for August 2020. The highest quote for this month is 2.5014 (31/08/2020) and the lowest 2.5203 (31/08/2020). The difference between high and low is -0.76.

NOK CZK average rate for August 2020 is 2.47035, the change between 01/08/2020 and 31/08/2020 is -1.61 %.

03 August 20201 NOK = 2.455 CZK
04 August 20201 NOK = 2.445 CZK
05 August 20201 NOK = 2.432 CZK
06 August 20201 NOK = 2.455 CZK
07 August 20201 NOK = 2.469 CZK
10 August 20201 NOK = 2.465 CZK
11 August 20201 NOK = 2.473 CZK
12 August 20201 NOK = 2.472 CZK
13 August 20201 NOK = 2.478 CZK
14 August 20201 NOK = 2.489 CZK
17 August 20201 NOK = 2.481 CZK
18 August 20201 NOK = 2.489 CZK
19 August 20201 NOK = 2.476 CZK
20 August 20201 NOK = 2.473 CZK
21 August 20201 NOK = 2.463 CZK
24 August 20201 NOK = 2.447 CZK
25 August 20201 NOK = 2.459 CZK
26 August 20201 NOK = 2.467 CZK
27 August 20201 NOK = 2.503 CZK
28 August 20201 NOK = 2.494 CZK
31 August 20201 NOK = 2.494 CZK

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.