NOK (kr)

Currency: Norwegian krone

Norway’s official currency. One US dollar is worth around 8.50 NOK. The Norwegian krone is the official currency of Norway. It was introduced in 1875, replacing the Norwegian speciedaler. One krone is divided into 100 øre. The krone is issued by Norges Bank and is symbolized by the abbreviation NOK. The exchange rate of the krone is relatively stable, and it is not pegged to any other currency. The krone is widely used in Norway for all transactions.