Convert Norwegian Krone to Bahamian Dollar
Please provide values below to convert Norwegian Krone [NOK] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Norwegian Krone.
How to Convert Norwegian Krone to Bahamian Dollar
1 NOK = 10.1118 BSD
Example: convert 15 NOK to BSD:
15 NOK = 15 × 10.1118 BSD = 151.677 BSD
Norwegian Krone to Bahamian Dollar Conversion Table
| Norwegian Krone | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.