Convert Kyrgystani Som to Norwegian Krone
Please provide values below to convert Kyrgystani Som [KGS] to Norwegian Krone [NOK], or Convert Norwegian Krone to Kyrgystani Som.
How to Convert Kyrgystani Som to Norwegian Krone
1 KGS = 8.63320081488953 NOK
Example: convert 15 KGS to NOK:
15 KGS = 15 × 8.63320081488953 NOK = 129.498012223343 NOK
Kyrgystani Som to Norwegian Krone Conversion Table
Kyrgystani Som | Norwegian Krone |
---|
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.