Historic Norwegian krone Salvadoran Colón

Norwegian krone salvadoran colón history for August 2023. The highest quote for this month is 0.83609 (01/08/2023) and the lowest 0.84614 (01/08/2023). The difference between high and low is -1.2.

NOK SVC average rate for August 2023 is 0.81689, the change between 01/08/2023 and 31/08/2023 is +4.59 %.

01 August 20231 NOK = 0.8442 SVC
02 August 20231 NOK = 0.8403 SVC
03 August 20231 NOK = 0.8305 SVC
04 August 20231 NOK = 0.8338 SVC
07 August 20231 NOK = 0.8361 SVC
08 August 20231 NOK = 0.8403 SVC
09 August 20231 NOK = 0.8309 SVC
10 August 20231 NOK = 0.8368 SVC
11 August 20231 NOK = 0.8272 SVC
14 August 20231 NOK = 0.8210 SVC
15 August 20231 NOK = 0.8148 SVC
16 August 20231 NOK = 0.8104 SVC
17 August 20231 NOK = 0.8037 SVC
18 August 20231 NOK = 0.8061 SVC
21 August 20231 NOK = 0.7993 SVC
22 August 20231 NOK = 0.8028 SVC
23 August 20231 NOK = 0.8028 SVC
24 August 20231 NOK = 0.8052 SVC
25 August 20231 NOK = 0.7952 SVC
28 August 20231 NOK = 0.7990 SVC
29 August 20231 NOK = 0.7968 SVC
30 August 20231 NOK = 0.8059 SVC
31 August 20231 NOK = 0.8055 SVC

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.

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.

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.