Historic Norwegian krone Bolivian boliviano

Norwegian krone bolivian boliviano history for February 2024. The highest quote for this month is 0.64655 (03/02/2024) and the lowest 0.64561 (03/02/2024). The difference between high and low is 0.15.

NOK BOB average rate for February 2024 is 0.63854, the change between 01/02/2024 and 29/02/2024 is +0.76 %.

01 February 20241 NOK = 0.6385 BOB
02 February 20241 NOK = 0.6447 BOB
03 February 20241 NOK = 0.6466 BOB
05 February 20241 NOK = 0.6393 BOB
06 February 20241 NOK = 0.6298 BOB
07 February 20241 NOK = 0.6354 BOB
08 February 20241 NOK = 0.6356 BOB
09 February 20241 NOK = 0.6363 BOB
12 February 20241 NOK = 0.6378 BOB
13 February 20241 NOK = 0.6405 BOB
14 February 20241 NOK = 0.6303 BOB
15 February 20241 NOK = 0.6356 BOB
16 February 20241 NOK = 0.6387 BOB
19 February 20241 NOK = 0.6408 BOB
20 February 20241 NOK = 0.6410 BOB
21 February 20241 NOK = 0.6415 BOB
22 February 20241 NOK = 0.6420 BOB
23 February 20241 NOK = 0.6411 BOB
26 February 20241 NOK = 0.6380 BOB
27 February 20241 NOK = 0.6405 BOB
28 February 20241 NOK = 0.6403 BOB
29 February 20241 NOK = 0.6337 BOB

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

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.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.

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.