Indian Rupee to Norwegian Krone

The Indian rupee (international symbol s:₹ , Re, Rs (plural), code: INR, number: 356) is the currency used not only in India, but also in the neighboring Bhutan. 1 rupee is divided into 100 paisa. The name rupee for local currency has been in use since the 16th century.

For a long time there were several types of currency units operating in the country. A single rupee throughout the country was introduced in 1835 at the time when India was a colony of Great Britain.

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.