Hong Kong Dollar to Norwegian Krone

The Hong Kong dollar (symbol: HK$, codes: HKD and 344) is the official currency of Hong Kong since 1934. It is subdivided into 100 cents. Currently, there are several generations of banknotes with denominations ranging from 10 to 1000 dollars, all of them being legal tenders.

In Hong Kong, local money is referred to as "man”, derived from the English word “money” and this is explained by strong influence of American culture. Although cent coins physically exist, hou- one tenth of a dollar is a subunit for accounting.

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.