Norwegian Kroner

Norwegian Kroner related content:

Norwegian Kroner stories:

  • Norwegian Kroner trends

  • Cisco Raises Tandberg Offer 11% To NOK19 Billion

    Nov 16th, 2009 - Wall Street Journal

    Of DOW JONES NEWSWIRES STOCKHOLM (Dow Jones)--Cisco Systems Inc. (CSCO) Monday raised its cash bid for Norwegian video-conferencing-equipment maker Tandberg ASA (TAA.OS) by 11% to 19 billion Norwegian kroner ($3.41 billion) and said the U.S...

  • Cisco Raises Bid for Tandberg of Norway

    Nov 16th, 2009 - New York Times

    The network equipment maker Cisco on Monday raised its bid for Norwegian videoconferencing equipment maker Tandberg. The increase was backed by holders of more than 40 percent of Tandberg's shares...

  • Cisco Raises Tandberg Bid Offer To NOK170 A Share

    Nov 16th, 2009 - Wall Street Journal

    (Adds detail, comments from analyst and Tandberg shareholder.) Of DOW JONES NEWSWIRES STOCKHOLM (Dow Jones)--U.S.-based Cisco Systems, Inc. (CSCO) Monday raised its cash offer for Norway's Tandberg ASA (TAA.

  • Statoil Still Cautious Despite Higher Net

    Nov 4th, 2009 - Wall Street Journal

    LONDON -- Statoil ASA posted a 14% rise in quarterly net profit, but said Wednesday that it maintains a cautious forecast given no firm evidence that industry investment...

  • Cisco Lays out Why It Might Let Tandberg Go Free

    Nov 2nd, 2009 - PC World

    Cisco Systems may be laying the groundwork for dropping its US$3 billion offer for videoconferencing vendor Tandberg despite the emphasis it has placed on video as the future of communications. In a blog post on Monday...

More stories ...

Norwegian Kroner videos from YouTube:

  • The Currency Report - Norwegian...
    Energy-Rich Norway - The Fifth Biggest Oil Exporter and Second Biggest Natural Gas Exporter; Strategists Bullish on Norway's Krone (Bloomberg News)
  • The Currency Report - Euro...
    Euro Falls After S&P Downgrades German Banks; Norwegian Central Bank Cuts Rates by 0.5% to Record Low (Bloomberg News)
  • Julian Robertson talks about...
    Julian Robertson talks about the Norwegian krone (NOK) on CNBC, 24/09-09. The best currency to buy at the moment.
  • Narvik - Norway
    to this 'loan lemon' that was sold to them by an Oslo based brokerage company, which is owned by 78 different banks including Citigroup. According to the local political opponent to the mayor ...
More videos ...
 

Norwegian Kroner from WikiPedia:

The krone (sign: kr; code: NOK) is the currency of Norway. The plural form is kroner. It is subdivided into 100 øre (singular and plural are the same). The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown".

The krone was introduced in 1875, replacing the Norwegian speciedaler at a rate of 4 kroner = 1 speciedaler. In doing so, Norway joined the Scandinavian Monetary Union, which had been established in 1873. The Union persisted until 1914 but, after its dissolution, Denmark, Norway and Sweden all decided to keep the names of their respective and now separate currencies.

Within the Scandinavian Monetary Union, the krone was on a gold standard of 2480 kroner = 1 kilogram of pure gold (1 krone = 403.226 milligrams gold). This gold standard was restored between 1916 and 1920 and again in 1928 but was suspended permanently in 1931, when a peg to the British pound of 19.9 kroner = 1 pound was established (the previous rate had been 18.16 kroner = 1 pound). In 1939, Norway pegged the krone to the U.S. dollar at a rate of 4.4 kroner = 1 dollar.

Read more on WikiPedia