Japanese Yen to Norwegian Krone

The Japanese yen (international symbol: ¥, code: JPY, number 392) is the national currency of Japan and is in issuance continuously since 1871. The yen is on the list of world reserve currencies and used in the IMF system. Yen derives from the Japanese word “en”, meaning "round" it is also close to the Chinese "yuan".

One yen is subdivided into 100 “sen”. However, coins in denominations of less than one yen became invalid in the middle of the 20th century. Today “sen” can only be used in the format of mathematical calculations. The banknotes depict the intellectual elite of Japan, and not political figures.

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.