Norwegian Krone

The Norwegian Krone (NOK) is the official currency of Norway. With the symbol kr, it is managed by the Norges Bank. The currency was introduced in 1875 and is subdivided into 100 Øre. It's commonly known by its nickname "Krone".

Rates updated Sep 21, 2026, 08:00 PM UTC. Over the last 90 days, 1 NOK ranged from 0.1007 to 0.1079 USD (+4.33%).

Currency Name

Norwegian Krone

Currency Code

NOK

Symbol

kr

Country

Norway

Central Bank

Norges Bank

Introduced

1875

Subunit

1/100 Øre

ISO Numeric Code

578

The Norwegian Krone was introduced in 1875 as part of the Scandinavian Monetary Union. Norway's discovery of North Sea oil in the late 1960s transformed the economy and strengthened the krone significantly.

Norway is a major oil and gas exporter, making the NOK a 'petrocurrency' that correlates with oil prices. The Government Pension Fund Global (world's largest sovereign wealth fund) supports long-term stability.

The Norwegian Krone is the official currency of Norway and its dependencies. Despite being an EEA member, Norway chose not to join the EU or adopt the Euro.

• 1Norway has the world's largest sovereign wealth fund
• 2Norwegian notes feature sea themes and maritime history
• 3Norway is one of the world's largest oil exporters