Norwegian krone somali shilling exchange rate history (NOK SOS) February 2024

Norwegian krone somali shilling history for February 2024. The highest quote for this month is 54.07 (20/02/2024) and the lowest 54.665 (22/02/2024). The difference between high and low is -1.1.

NOK SOS average rate for February 2024 is 53.89148, the change between 01/02/2024 and 29/02/2024 is +0.72 %.

01 February 2024	1 NOK = 54.02 SOS
02 February 2024	1 NOK = 54.46 SOS
05 February 2024	1 NOK = 53.40 SOS
06 February 2024	1 NOK = 53.05 SOS
07 February 2024	1 NOK = 53.65 SOS
08 February 2024	1 NOK = 53.68 SOS
09 February 2024	1 NOK = 53.52 SOS
12 February 2024	1 NOK = 53.93 SOS
13 February 2024	1 NOK = 54.11 SOS
14 February 2024	1 NOK = 53.24 SOS
15 February 2024	1 NOK = 53.70 SOS
16 February 2024	1 NOK = 54.26 SOS
19 February 2024	1 NOK = 54.41 SOS
20 February 2024	1 NOK = 54.15 SOS
21 February 2024	1 NOK = 54.18 SOS
22 February 2024	1 NOK = 54.23 SOS
23 February 2024	1 NOK = 54.11 SOS
26 February 2024	1 NOK = 53.93 SOS
27 February 2024	1 NOK = 54.10 SOS
28 February 2024	1 NOK = 53.97 SOS
29 February 2024	1 NOK = 53.63 SOS

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.