Australian Dollar to Norwegian Krone

The Australian dollar (symbol: $ ,code: AUD, number 036) is used in Australia, as well as on the Islands of Norfolk, Christmas Island, the Cocos Islands, in Nauru, Tuvalu and Kiribati. It is subdivided into 100 cents. $/A$/AU$ and other abbreviations are used.

The currency was introduced in 1966 to replace the Australian pound. Traditionally, coins and some banknotes depict portraits of the queen Elizabeth II as well as representatives of the fauna of the continent and famous people.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.