Historic Somali shilling Norwegian krone

Somali shilling norwegian krone history for January 2024. The highest quote for this month is 0.01859 (18/01/2024) and the lowest 0.018432 (18/01/2024). The difference between high and low is 0.85.

SOS NOK average rate for January 2024 is 0.01827, the change between 01/01/2024 and 31/01/2024 is -2.7 %.

01 January 20241 SOS = 0.0179 NOK
02 January 20241 SOS = 0.0178 NOK
03 January 20241 SOS = 0.0182 NOK
04 January 20241 SOS = 0.0182 NOK
05 January 20241 SOS = 0.0181 NOK
08 January 20241 SOS = 0.0181 NOK
09 January 20241 SOS = 0.0182 NOK
10 January 20241 SOS = 0.0182 NOK
11 January 20241 SOS = 0.0182 NOK
12 January 20241 SOS = 0.0181 NOK
15 January 20241 SOS = 0.0181 NOK
16 January 20241 SOS = 0.0182 NOK
17 January 20241 SOS = 0.0184 NOK
18 January 20241 SOS = 0.0185 NOK
19 January 20241 SOS = 0.0185 NOK
22 January 20241 SOS = 0.0185 NOK
23 January 20241 SOS = 0.0185 NOK
24 January 20241 SOS = 0.0185 NOK
25 January 20241 SOS = 0.0184 NOK
26 January 20241 SOS = 0.0184 NOK
29 January 20241 SOS = 0.0184 NOK
30 January 20241 SOS = 0.0183 NOK
31 January 20241 SOS = 0.0184 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.