Exchange 14 DZD to NOK - 14 Algerian Dinar to Norwegian Krone
The dinar (Arabic: دينار, Berber language: Dinar or Menkuc, French 'Dinar'; sign: DA; code: DZD) is the monetary currency of Algeria and it is subdivided into 100 centimes. Centimes are now obsolete due to their extremely low value.
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.
14 Algerian Dinar to Norwegian Krone exchange rates chart
14 DZD to NOK Spot 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.
14 Algerian Dinar to Norwegian Krone 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.
Algeria will sell a 49 percent stake in its state steel plant to Dubai-based Emarat Dzayer Group, the prime minister's office said on Tuesday, as the North African country seeks to attract foreign investment and diversify its economy.