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    Currency in Bouvet Island – Norwegian krone NOK

    A practical foreign exchange and currency guide on sending money and travel to Bouvet Island



    Travelling to Bouvet Island

    Bouvet Island, a dependent Norwegian territory, is the most remote island in the world rising sharply from the freezing waters of the Pacific. It was discovered in 1739 by a French naval officer and later claimed by the British to be finally waived in favor of Norway. It’s barely 50 square kilometers in area with 93 % of it covered by glaciers. The center of the island is occupied by an ice-filled crater of an inactive volcano and according to some data there is a lake of molten lava filling the caldera. The landscape is definitely not welcoming unless you are not put off by heaps of snow and ice formations but it surely is a dramatic one.

    There is no standard telephone connection, no postal code or distribution.

    As there are no ports or harbors, only offshore anchorages, the island is not easy to reach. The best way to access is by ship or helicopter but mind you, only if you are not denied permission. The island and adjacent territorial waters are a designated nature reserve so you might find it quite difficult to get there if your only purpose of visiting is mere tourism.

    Sending Money to Bouvet Island

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Norwegian krone.

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    Norwegian krone – Markets & Rates

    In 2016, the Norwegian krone contributed to 1.7% of total foreign exchange market volume, and as such was the world’s fourteenth most traded currency. The krone is subdivided into 100 øre and was introduced in the late nineteenth century.

    Norway’s economy, and consequently the value of the krone, is heavily reliant on oil and gas prices since nearly half of the country’s total exports are these commodities. The krone is therefore aptly termed a ‘petro-currency’. As of 2016, Norway was the world’s tenth largest oil exporter.

    Since 1995, the krone’s lowest valuation against the US dollar came in October 2000 when USD/NOK reached 9.65. The currency was strongest in April 2008 when USD/NOK fell to just 4.94 following a boom in the oil price. Against the euro, since the single currency’s introduction in 1999, EUR/NOK has traded between 7.21 and 10.16.


    1 USD = 8.8793 NOK
    Sell USD  →  Buy NOK
    USD to NOK at 8.8795 has risen 2.4% above its 90-day average, range 8.3309-9.1911.
      1 NOK = 0.1126 USD

    Historic USD-NOK Rates

    USD/NOK wasChangePeriod
    24 Nov 2021
    0.8% 2 Weeks
    09 Sep 2021
    2.4% 90 Days
    08 Dec 2020
    1.5% 1 Year
    09 Dec 2016
    4.8% 5 Years
    11 Dec 2011
    54.8% 10 Years
    13 Dec 2001
    0.6% 20 Years
    USD/NOK change over periods to 08-Dec-2021


    NOK is also used in 2 other countries


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