Brazilian Real to Norwegian Krone

The Brazilian real (symbol: R$, codes: BRL and 986) is the national currency of Brazil. Real is divided into 100 centavos. It is one of the youngest currencies in the world.

Contemporary Brazilian money was put into circulation in 1994, replacing the Cruzeiro real. Modern banknotes depict sculptures and representatives of Brazilian fauna. The second series of the real, developed in 2010, have been released nowadays. Beginning with 2009 the real exchange rate against the dollar has remained stable.

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.