Historic Norwegian krone United States dollar

Norwegian krone united states dollar history for October 2023. The highest quote for this month is 0.09364 (01/10/2023) and the lowest 0.09364 (01/10/2023). The difference between high and low is 0.

NOK USD average rate for October 2023 is 0.09111, the change between 01/10/2023 and 31/10/2023 is +4.11 %.

01 October 20231 NOK = 0.0936 USD
03 October 20231 NOK = 0.0921 USD
04 October 20231 NOK = 0.0913 USD
06 October 20231 NOK = 0.0913 USD
07 October 20231 NOK = 0.0917 USD
08 October 20231 NOK = 0.0917 USD
09 October 20231 NOK = 0.0919 USD
10 October 20231 NOK = 0.0928 USD
11 October 20231 NOK = 0.0926 USD
13 October 20231 NOK = 0.0912 USD
16 October 20231 NOK = 0.0916 USD
17 October 20231 NOK = 0.0915 USD
18 October 20231 NOK = 0.0913 USD
19 October 20231 NOK = 0.0904 USD
20 October 20231 NOK = 0.0910 USD
23 October 20231 NOK = 0.0904 USD
24 October 20231 NOK = 0.0903 USD
25 October 20231 NOK = 0.0896 USD
26 October 20231 NOK = 0.0893 USD
27 October 20231 NOK = 0.0894 USD
30 October 20231 NOK = 0.0895 USD
31 October 20231 NOK = 0.0898 USD

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.