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.

Bitcoin

Bitcoin

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

53651 Norwegian Krone to Bitcoin exchange rates chart

53651 NOK to BTC exchange rates graph
53651 NOK to BTC 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.

53651 NOK to BTC exchange rates table

Exchange NOK to BTC
53651 Norwegian Krone = 1.015 Bitcoin
107302 Norwegian Krone = 2.029 Bitcoin
268255 Norwegian Krone = 5.074 Bitcoin
536510 Norwegian Krone = 10.147 Bitcoin
Exchange Norwegian Krone to Bitcoin
53651 Norwegian Krone to Bitcoin 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.

53651 NOK to BTC exchange rates news

Bitcoin and Ethereum fall to lows not seen since 2017

Every major cryptocurrency has seen its value plunge in recent days.

indicative positive
KPMG: Cryptocurrencies like Bitcoin are Not Store of Value [Yet]
KPMG: Cryptocurrencies like Bitcoin are Not Store of Value [Yet]

It will take a long time for cryptocurrencies like Bitcoin to attain the status of a store-of-value asset, said KPMG in its latest crypto study.

conditional positive
Off-The-Grid Bitcoin Transactions Now a Reality
Off-The-Grid Bitcoin Transactions Now a Reality

Following October's news that Samourai Wallet was preparing to enable internet free bitcoin transactions, somebody only went and tried it. A Twitter user

conditional neutral
The ECB is Right: Bitcoin Was 'Spawned' By the Financial Crisis (Created by the ECB)
The ECB is Right: Bitcoin Was 'Spawned' By the Financial Crisis (Created by the ECB)

Cryptocurrency advocates continue to hit back at fresh criticism of Bitcoin from the European Central Bank (ECB), which on November 15 publicly called it Cryptocurrency advocates continue to hit back at fresh criticism of Bitcoin from the European Central Bank (ECB), which on November 15 publicly called it the “evil spawn of the financial crisis.”

indicative negative

53651 NOK to BTC currency converter