Norwegian krone swedish krona exchange rate history (NOK SEK) May 2023

Norwegian krone swedish krona history for May 2023. The highest quote for this month is 0.9786 (25/05/2023) and the lowest 0.9788 (25/05/2023). The difference between high and low is -0.02.

NOK SEK average rate for May 2023 is 0.96777, the change between 01/05/2023 and 31/05/2023 is -1.07 %.

01 May 2023	1 NOK = 0.9612 SEK
02 May 2023	1 NOK = 0.9618 SEK
03 May 2023	1 NOK = 0.9537 SEK
04 May 2023	1 NOK = 0.9528 SEK
05 May 2023	1 NOK = 0.9570 SEK
08 May 2023	1 NOK = 0.9625 SEK
09 May 2023	1 NOK = 0.9686 SEK
10 May 2023	1 NOK = 0.9643 SEK
11 May 2023	1 NOK = 0.9731 SEK
12 May 2023	1 NOK = 0.9670 SEK
15 May 2023	1 NOK = 0.9729 SEK
16 May 2023	1 NOK = 0.9764 SEK
17 May 2023	1 NOK = 0.9709 SEK
18 May 2023	1 NOK = 0.9696 SEK
19 May 2023	1 NOK = 0.9677 SEK
20 May 2023	1 NOK = 0.9670 SEK
22 May 2023	1 NOK = 0.9665 SEK
23 May 2023	1 NOK = 0.9686 SEK
24 May 2023	1 NOK = 0.9688 SEK
25 May 2023	1 NOK = 0.9780 SEK
26 May 2023	1 NOK = 0.9786 SEK
29 May 2023	1 NOK = 0.9749 SEK
30 May 2023	1 NOK = 0.9730 SEK
31 May 2023	1 NOK = 0.9715 SEK

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.