Historic Norwegian krone Liberian dollar

Norwegian krone liberian dollar history for August 2023. The highest quote for this month is 18.199 (07/08/2023) and the lowest 18.366 (01/08/2023). The difference between high and low is -0.92.

NOK LRD average rate for August 2023 is 17.73722, the change between 01/08/2023 and 31/08/2023 is +4.69 %.

01 August 20231 NOK = 18.32 LRD
02 August 20231 NOK = 18.24 LRD
03 August 20231 NOK = 18.01 LRD
04 August 20231 NOK = 18.12 LRD
07 August 20231 NOK = 18.29 LRD
08 August 20231 NOK = 18.27 LRD
09 August 20231 NOK = 18.06 LRD
10 August 20231 NOK = 18.18 LRD
11 August 20231 NOK = 17.97 LRD
14 August 20231 NOK = 17.80 LRD
15 August 20231 NOK = 17.72 LRD
16 August 20231 NOK = 17.57 LRD
17 August 20231 NOK = 17.43 LRD
18 August 20231 NOK = 17.49 LRD
21 August 20231 NOK = 17.39 LRD
22 August 20231 NOK = 17.42 LRD
23 August 20231 NOK = 17.41 LRD
24 August 20231 NOK = 17.47 LRD
25 August 20231 NOK = 17.25 LRD
28 August 20231 NOK = 17.32 LRD
29 August 20231 NOK = 17.29 LRD
30 August 20231 NOK = 17.49 LRD
31 August 20231 NOK = 17.46 LRD

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

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.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

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.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

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.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

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.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.