The Norwegian Krone (NOK) is the official currency of Norway. It is divided into 100 øre. The central bank of Norway, Norges Bank, is responsible for issuing and regulating the currency. The krone has been the currency of Norway since 1875, replacing the Norwegian speciedaler. The currency is symbolized by the letter "kr" and is commonly referred to as the "Norwegian crown." The ISO 4217 code for the Norwegian krone is NOK. The krone is pegged to the Euro, and its value fluctuates with the Euro-dollar exchange rate. The krone is widely accepted in Norway, but it may be difficult to use in other countries.

The Norwegian Krone (NOK) is the official currency of Norway, issued by Norges Bank, the country’s central bank. Introduced in 1875, it replaced the speciedaler and aligned Norway with the Scandinavian Monetary Union. The krone is abbreviated as NOK and symbolized as kr.

NOK is a free-floating currency, meaning its value fluctuates based on market supply and demand. It is considered a commodity currency due to Norway’s significant oil and gas exports, making it sensitive to global energy prices.

Despite not being part of the European Union, Norway maintains strong trade relations with Europe. NOK is commonly used in forex trading, though it has lower liquidity than major currencies like the USD or EUR.