Norwegian Krone to Cuban Peso

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.

The Cuban peso (sign $MN, code CUP) is the national currency of Cuba used along with the convertible peso. One peso can be exchanged for 100 small coins – centavos. The currency has first been issued in 1857.

Before that, the country used the Spanish real for payment. In tourism, the country still uses another currency, which is the convertible Cuban peso. However, recently it has become possible to pay with American dollars in shops and hotels. The government is planning to completely remove the convertible currency and only leave CUP.