Norwegian Krone

Norwegian Krone

The krone [ˈkruːnə] (sign: kr; code: NOK), plural kroner, is the currency of Norway and its dependent territories. It is subdivided into 100 øre, which exist only electronically since 2012. The name translates into English as crown. The krone was the thirteenth most traded currency in the world by value in April 2010, down three positions from 2007.

IMF Special Drawing Rights

IMF Special Drawing Rights

Special drawing rights (ISO 4217 currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF). The XDR is the unit of account for the IMF, and is not a currency per se. XDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged. The XDR was created in 1969 to supplement a shortfall of preferred foreign-exchange reserve assets, namely gold and the U.S. dollar.XDRs are allocated to countries by the IMF. Private parties do not hold or use them. The amount of XDRs in existence was around XDR 21.4 billion in August 2009. During the global financial crisis of 2009, an additional XDR 182.6 billion were allocated to "provide liquidity to the global economic system and supplement member countries’ official reserves". By October 2014, the amount of XDRs in existence was XDR 204 billion.The value of the XDR is based on a basket of key international currencies reviewed by IMF every five years. The weights assigned to each currency in the XDR basket are adjusted to take into account their current prominence in terms of international trade and national foreign exchange reserves. In the review conducted in November 2015, the IMF decided that the Renminbi (Chinese yuan) would be added to the basket effective October 1, 2016. From that date, the XDR basket now consists of the following five currencies: U.S. dollar 41.73%, Euro 30.93%, Renminbi (Chinese yuan) 10.92%, Japanese yen 8.33%, British pound 8.09%.

11 Norwegian Krone to IMF Special Drawing Rights exchange rates chart

11 NOK to XDR exchange rates graph
11 NOK to XDR exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

11 NOK to XDR exchange rates FAQs

What is 11 NOK to XDR?

The meaning of 11 NOK to XDR is to exchange 11 Norwegian Krone to IMF Special Drawing Rights by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 11 NOK to XDR on the chart below.

Who can exchange 11 NOK to XDR?

Anyone with 11 Norwegian Krone can find a local bank or a bureau de change to convert into Norwegian Krone. However, if neither NOK nor XDR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 11 NOK to XDR?

Due to the nature of the forex market, the exchange rates for 11 NOK to XDR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 11 NOK to XDR?

Most likely you are traveling and want to get some IMF Special Drawing Rights cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 11 Norwegian Krone to IMF Special Drawing Rights. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 11 NOK to XDR?

Usually you can find a local bank, post office or bureau de change to exchange 11 NOK to XDR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of IMF Special Drawing Rights you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 11 NOK to XDR?

Use the tool we provided here to find the best exchange rates for 11 Norwegian Krone to IMF Special Drawing Rights. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 11 NOK in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

11 NOK to XDR exchange rates table

Exchange NOK to XDR
11 Norwegian Krone = 0.923 IMF Special Drawing Rights
22 Norwegian Krone = 1.846 IMF Special Drawing Rights
55 Norwegian Krone = 4.616 IMF Special Drawing Rights
110 Norwegian Krone = 9.231 IMF Special Drawing Rights
Exchange Norwegian Krone to IMF Special Drawing Rights
11 Norwegian Krone to IMF Special Drawing Rights Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

11 NOK to XDR news tweets

11 NOK to XDR added 1 tweet
2019-03-20 07:33:40 UTC
Norwegian Krone on a roll https://t.co/K0VbETkIOO
11 NOK to XDR added 1 tweet
2019-03-20 07:42:24 UTC
https://t.co/gDjRrHlgI5 https://t.co/vFIsKYRUMZ
11 NOK to XDR added 1 tweet
2019-03-20 07:52:57 UTC
Norwegian Krone on a roll https://t.co/GEaLHEteau https://t.co/qJIJASrkaa
11 NOK to XDR added 1 tweet
2019-03-20 15:53:00 UTC
@kj_charles These days I’d be betting in Euros. State of the world and all that. Maybe Norwegian krone 🤔
11 NOK to XDR added 1 tweet
2019-03-20 16:51:03 UTC
@DanyAlos @cryptodevise @bitcoinister Germany and Danmark paid 3/100 Norwegian krone for each kilowatt to burn the… https://t.co/Haya5L3ZtO
11 NOK to XDR added 1 tweet
2019-03-17 12:30:13 UTC
I WISH I had time to write/video lecture about 1) the IMF 2) Special Drawing Rights 3) Fiat currency... omg, I mean… https://t.co/SRXpaNxOA1
11 NOK to XDR added 1 tweet
2019-03-15 15:50:23 UTC
RT @Kevin_Shipp: One of the largest world banks is going digital currency. Digital currency will be the mark of the new global econo… https://t.co/l8Af5grHkn
11 NOK to XDR added 1 tweet
2019-03-15 19:35:48 UTC
@888Velvet @_Crypto_Maniac_ @GoodTexture And like they said in The Economist "global currency system would be launc… https://t.co/rpgQVR8scD
11 NOK to XDR added 1 tweet
2019-03-12 19:14:43 UTC
@GoodTexture It's clear no one knows what Stellar & xlm's we're developed for. If anyone really wants to know the t… https://t.co/ygAsva2cL1
11 NOK to XDR added 1 tweet
2019-03-12 23:43:05 UTC
https://t.co/WgZjh9vBez quote from investopedia

11 NOK to XDR news media

11 NOK to XDR added 1 medium
2019-03-18T20:58:51+01:00
Norge Krone . . . #norge #norgekrone #norwegian #norwegiankrone #coin #grey #picoftheday #amazing #coincoin #silvercoin #coinart #art #beautiful #creative #followme #followup #alwaysfollowme #norwegianepic #likeforlikes #like4likes
11 NOK to XDR added 1 medium
2019-03-16T15:58:15+01:00
In 1979, Norway issued their first banknote featuring a woman. Camilla Collett (1813-1895) was a writer and is widely considered as Norway’s first feminist activist. She wrote about the constraints of a patriarchal society particularly forced marriages and general social conservatism against women in nineteenth century Norway. Incidentally she replaced her brother and literary rival, Henrik Wergeland, on the 100 kroner note. #numismatics #numismatist #coincollecting #coincollection #worldcurrency #currency #norway #norwegiankrone #100kroner #camillacollett #norwegianmoney
11 NOK to XDR added 1 medium
2019-03-15T15:00:06+01:00
Did you know? Abel was honoured with having his figure and name on the Norwegian "20-kroning" in the year of 2002. This marked the occasion of his 200th anniversary since birth. 💰 Who will win the Abel Prize of 2019? Tune in at www.abelprize.no at March 19th 12:00 (GMT + 1) to find out. #AbelPrize #Math #Mathematics #Nok #Norway #NorwegianKrone
11 NOK to XDR added 1 medium
2019-03-11T15:54:15+01:00
Coffee with clients, discussing the latest trade USDNOK 🇺🇸🇳🇴 trade idea that triggered earlier this morning 🤙🏻...in addition to many other things not strictly trading-related 😳🙌 ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ Members in our online trading community were fully briefed about the trade setup in our flagship Market Insider webinar published last Friday 📈🧐 ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ...for everyone else, there’s the YouTube channel: www.youtube.com/thelazytrader ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ #fx #thelazytrader #usdnok #crosses #dollar #norwegiankrone #proceaction #forex #currencypairs #traders #traderlifestyle #marketanalysis #youtube #onlinetradingacademy #wealth #foreignexchange
11 NOK to XDR added 1 medium
2019-03-09T11:28:10+01:00
Reino de Noruega - 1983 #ReinodeNoruega #KongeriketNorge #Norge #Noruega #KongeriketNoreg #Noreg #Norggagonagasriika #Norgga #Norway #KingdomofNorway #Nøørjen #Vuona #Norwegian #Noruego #Coronanoruega #Norskkrone #Norsk #krone #øre #kroner #Norwegiankrone #worldcoins #coinscollecting #collector #collectingcoins #1983

11 NOK to XDR news videos

Website: https://tritontrades.com/ Facebook: https://www.facebook.com/tritontrades/ Twitter: https://twitter.com/AlexanderFB89.
At MoneyShow San Francisco, Chris Gaffney: where are opportunities to cash out of US dollar and invest in global markets?
Facebook: https://www.facebook.com/AlexCharting-979365105507508/ Twitter: https://twitter.com/AlexanderFB89 Disclaimer: All ...
Julian Robertson talks about the Norwegian krone (NOK) on CNBC, 24/09-09. The best currency to buy at the moment.
China's yuan, or renminbi as it's also known, could soon be the latest currency to join the IMF's elite basket of currencies making ...
UPDATES & LINKS below... Effective October 1, 2016 the RMB is determined to be a freely usable currency and will be included ...
Mates ~ This video would let you know about imminent meeting of IMF ( Dec 2015 ) and also decision by possible inclusion of ...
A a simple, concise explanation on Special Drawing Rights (SDR or XDR Exchange) by Jim Rickards, lawyer and financial ...
Ripple XRP / IMF Coming Together / Special Drawing Rights Ripple's Brad Garlinghouse and IMF's Ross Leckow : The future of ...

11 NOK to XDR news texts

Norway calls for $1 trillion fund to sell some oil and gas stocks

The government proposes to divest a reported $7.5 billion worth of shares in oil production, without banning mixed oil majors like Shell and Exxon Mobil

6 days indicative positive
Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

11 days indicative neutral
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion

Armenia’s gross external reserves at the end of February 2019 amounted to $2.074.27 billion, having increased by $80 million or 4% from the previous month, the Central Bank said | ArmBanks.am

14 days conditional neutral
OUTLOOK 2019 Iran

The Islamic Republic’s fate is wrapped up in that of Donald Trump. To throttle Iran’s economy he’ll need to stay able to project his power.

3 months conditional neutral

11 NOK to XDR currency converter

11 NOK to XDR exchange rates

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