Norwegian krone

Currency

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oil price shock (1) · currency (1) · commodity (1) · Canadian dollar (1) · Norwegian krone (1) · safe-haven (1) · foreign exchange (1) · energy exports (1)

📖 Key Information

The krone (Norwegian: [ˈkrûːnə], abbreviation: kr (also NKr for distinction); code: NOK), plural kroner, is the currency of the Kingdom of Norway (including overseas territories and dependencies). It was traditionally known as the Norwegian crown in English; however, this has fallen out of common usage. It is nominally subdivided into 100 øre, although the last coins denominated in øre were withdrawn in 2012.

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🇺🇸 History shows that oil price shocks tend to reward these currencies (2026-03-07)

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