Norwegian Krone (NOK)

News: Norwegian Krone

• Telenor Writes Down $721 Mn India Investments; Ops To Continue - indiatvnews.com (3 February 2012, 5:12 pm)
• Norway’s Oil Bonds Chase Record Spending Amid Offshore Boom - Businessweek (3 February 2012, 11:07 am)
• USD/SEK Looking to Carve Next Base; Fresh Upside Ahead - ForexTV.com (3 February 2012, 6:42 am)

Reports & Events: Norwegian Krone

• NBIM Seeks Proxy Access at Six US Companies (4 December 2011, 11:28 pm)
• Companies Should Take More Action on Water Risks (16 November 2011, 3:59 pm)
• NFI Starts PhD Scholarship Programme (3 November 2011, 5:00 pm)

Discussions: Norwegian Krone

• Regulators to block sale of Mecom’s Norway business - DailyFX (3 February 2012, 7:50 pm)

Videos: Norwegian Krone

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