Exchange 50 NOK to SPL - 50 Norwegian Krone to Seborgan Luigino
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.
The Seborga luigino is the local currency of the micronation of Seborga. Its subunit is the centesimo which is valued at 1/100. It is circulated alongside the Euro. The luigino has no value outside Seborga.
50 Norwegian Krone to Seborgan Luigino exchange rates chart
50 NOK to SPL 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.
50 Norwegian Krone to Seborgan Luigino 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.