Somali shilling norwegian krone exchange rate history (SOS NOK) February 2024

Somali shilling norwegian krone history for February 2024. The highest quote for this month is 0.018899 (05/02/2024) and the lowest 0.018717 (05/02/2024). The difference between high and low is 0.96.

SOS NOK average rate for February 2024 is 0.01856, the change between 01/02/2024 and 29/02/2024 is -0.73 %.

01 February 2024	1 SOS = 0.0185 NOK
02 February 2024	1 SOS = 0.0184 NOK
05 February 2024	1 SOS = 0.0187 NOK
06 February 2024	1 SOS = 0.0189 NOK
07 February 2024	1 SOS = 0.0186 NOK
08 February 2024	1 SOS = 0.0186 NOK
09 February 2024	1 SOS = 0.0187 NOK
12 February 2024	1 SOS = 0.0185 NOK
13 February 2024	1 SOS = 0.0185 NOK
14 February 2024	1 SOS = 0.0188 NOK
15 February 2024	1 SOS = 0.0186 NOK
16 February 2024	1 SOS = 0.0184 NOK
19 February 2024	1 SOS = 0.0184 NOK
20 February 2024	1 SOS = 0.0185 NOK
21 February 2024	1 SOS = 0.0185 NOK
22 February 2024	1 SOS = 0.0184 NOK
23 February 2024	1 SOS = 0.0185 NOK
26 February 2024	1 SOS = 0.0185 NOK
27 February 2024	1 SOS = 0.0185 NOK
28 February 2024	1 SOS = 0.0185 NOK
29 February 2024	1 SOS = 0.0186 NOK

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.