Norwegian Krone (NOK)
About the Norwegian Krone
The Norwegian “krone” (plural: kroner) is the official currency used in the country of Norway as well as its external territories Bouvet Island, Queen Maud Land, and Peter I Island. Its official currency code (ISO) is “NOK” and it is symbolized by “kr”. The primary denominations include a 50 øre coin; 1, 2, 5, 10, 20, kroner coins (1 krone = 100 øre); and 50, 100, 200, 500, and 1000 kroner paper bank notes. In Denmark, decimal numbers are denoted using a comma (e.g. 1,50). The krone has a floating exchange rate and its value is often seen as being dependent on commodity prices (Norways’s largest export).
Central Bank: Bank of Norway
News: Norwegian Krone
- Wall Street Journal - Ruble Hits New Record Low Against Dollar - WSJ (2 September 2014, 12:30 am)
- WSHM - AllianceBernstein Income Fund Releases Monthly Portfolio Update - CBS 3 Springfield - WSHM (26 August 2014, 7:00 am)
- Wall Street Journal - Europe Stocks Rise as Global Tensions Ease - WSJ (11 August 2014, 12:43 pm)
Reports & Events: Norwegian Krone
- Review of the fund’s active management ()
- Fund makes new investments in US ()
- Discussion note on free float weighting schemes ()
Discussions: Norwegian Krone
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