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CDEX to NOK Converter and calculator

CDEX/NOK: 1 CDEX = 0.{4}8489 NOK. The price of converting 1 Codex (CDEX) to Norwegian Krone (NOK) is 0.{4}8489 NOK today.
CDEX
CDEX
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides CDEX to NOK real-time exchange rates, making it easy to convert Codex (CDEX) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 CDEX is currently valued at 0.{4}8489 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 CDEX is currently valued at 0.{4}8489 NOK, which means buying 5 CDEX would cost 0.0004244 NOK. Similarly, kr1 NOK can be converted to 11,780.49 CDEX, and kr50 NOK can be converted to 58,902.45 CDEX, excluding any platform or gas fees.

Convert CDEX to NOK

Convert NOK to CDEX

Codex
Norwegian Krone
1 CDEX
0.{4}8489  NOK
2 CDEX
0.0001698  NOK
5 CDEX
0.0004244  NOK
10 CDEX
0.0008489  NOK
20 CDEX
0.001698  NOK
50 CDEX
0.004244  NOK
100 CDEX
0.008489  NOK
200 CDEX
0.01698  NOK
500 CDEX
0.04244  NOK
1000 CDEX
0.08489  NOK
5000 CDEX
0.4244  NOK
10000 CDEX
0.8489  NOK
In the table above, you'll find a comprehensive CDEX to NOK converter that shows the value of Codex in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 CDEX to NOK, all the way up to 10000 CDEX, providing a clear view of their respective values.
Norwegian Krone
Codex
100 NOK
1,178,048.98 CDEX
200 NOK
2,356,097.96 CDEX
500 NOK
5,890,244.89 CDEX
1000 NOK
11,780,489.78 CDEX
2000 NOK
23,560,979.57 CDEX
5000 NOK
58,902,448.91 CDEX
10000 NOK
117,804,897.83 CDEX
50000 NOK
589,024,489.14 CDEX
100000 NOK
1,178,048,978.28 CDEX
In the table above, you'll find a comprehensive NOK to CDEX converter that shows the value of Norwegian Krone in Codex across commonly used conversion amounts. The list covers conversions from 1 NOK to CDEX, all the way up to 100000 NOK, providing a clear view of their respective values.

CDEX to NOK chart

CDEX/NOK: 1 CDEX = 0.{4}8489 NOK; 2025/06/17 00:06:22
In the past 1D, Codex has changed +13.89% to NOK. Based on the trend and price charts, Codex(CDEX) has changed +13.89% to NOK while Norwegian Krone(NOK) has changed % to CDEX in the last 24 hours.
1D7D1M3M1YAll

CDEX to NOK conversion data: Volatility and price changes of Codex in NOK

The highest Codex price in NOK over the past 7 days was 0.{4}9842 NOK while the lowest Codex price in NOK over the past 7 days was 0.{4}8155 NOK. The relative change between the highs and lows in Codex price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and CDEX to NOK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.{4}9703 NOK
0.{4}9842 NOK
0.{4}9985 NOK
0.{4}9985 NOK
Low
0.{4}8370 NOK
0.{4}8155 NOK
0.{4}7971 NOK
0.{4}5923 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
+13.89%
+9.01%
+3.58%
+29.16%

Codex information

CDEX to NOK market statistics

CDEX/NOK:
kr0.{4}8489
CDEX 24h volume:
--
CDEX market cap:
--
CDEX circulating supply:
0 CDEX

Current CDEX to NOK exchange rate

Codex to Norwegian Krone is rising this week.
Codex's current market price is kr0.{4}8489 per CDEX, with a total market cap of kr0 NOK based on a circulating supply of -- CDEX. The trading volume of Codex has changed by 0.00% (kr0 NOK) in the last 24 hours. Last trading day, CDEX's trading volume was kr0.

More info about Codex on Bitget

Norwegian Krone information

About the Norwegian Krone (NOK)

What Is the Norwegian Krone (NOK)?

The Norwegian Krone (NOK), symbolized as "kr" and often abbreviated as NKr, is the official currency of Norway, including its overseas territories and dependencies of Svalbard, Bouvet Island, Queen Maud Land, and Peter I Island. The term "Krone" translates to "crown" in English. It is subdivided into 100 øre, although the øre ceased to exist in physical form in 2012 and now exists only electronically.

The Norwegian Krone (NOK) is issued by Norges Bank, which is the central bank of Norway. Norges Bank is responsible for the production and distribution of the country's currency and also plays a key role in determining and implementing monetary policy in Norway. This includes managing the country's foreign exchange reserves and ensuring financial stability. The bank's decisions and policies directly influence the value and stability of the Norwegian Krone.

What Is the History of NOK?

The Krone was introduced in 1875, replacing the Norwegian speciedaler at a rate of 4 Krone = 1 speciedaler, as Norway joined the Scandinavian Monetary Union. This union, which also included Denmark and Sweden, was based on a gold standard, with 2,480 Krone equaling 1 kilogram of pure gold. The union dissolved in 1914, but the Krone remained Norway's currency. During World War II, the Krone was pegged to the Reichsmark, and post-war, it was pegged to the British pound and later the U.S. dollar. In 1992, Norway shifted to a floating exchange rate due to heavy speculation against the Krone.

Notes and Coins of NOK

Norwegians use both coins and banknotes for transactions. Coins come in denominations of 1, 5, 10, and 20 kroner, while banknotes are available in 50, 100, 200, 500, and 1,000 kroner. The banknotes feature images of prominent Norwegians and are known for their unique and modern designs, celebrating Norway’s maritime history and culture.

Exchange Rate and Economic Influence

The value of the Krone is significantly influenced by changes in oil prices and interest rates, reflecting Norway's status as a major oil exporter. The Krone’s exchange rate against other currencies, like the USD and Euro, varies considerably, often correlating with global oil market trends. For instance, during the oil crisis of 2015, the Krone fell 20% against the dollar.

Norway is moving towards becoming a cashless society, with a high level of digitalization in financial transactions. Payment apps like Vipps are popular, and the use of cash is declining, although it is still accepted, especially among older generations and in smaller retail shops.

Why Doesn’t Norway Use the Euro?

Norway does not use the euro primarily because it is not a member of the European Union (EU). As a member of the European Economic Area (EEA), Norway enjoys access to the EU's single market without the obligations of EU membership, including adopting the euro. This arrangement allows Norway to maintain economic and monetary sovereignty, enabling it to tailor its monetary policy to its unique economic conditions, especially important given its significant oil and gas revenues. Additionally, there is considerable public and political support in Norway for maintaining the Norwegian Krone (NOK), as evidenced by the results of referendums in 1972 and 1994, where Norwegian voters opted against joining the EU. The stability and strength of Norway's economy and its currency further reinforce the decision to retain the Krone instead of adopting the euro.

Is NOK a Stable Currency?

The Norwegian Krone is generally considered a stable currency, largely due to Norway's robust economy, which is underpinned by significant revenues from its oil and gas industries. As a petroleum-based currency, the NOK's value can be influenced by fluctuations in oil prices, but Norway's prudent fiscal management, including the establishment of the Government Pension Fund Global (often referred to as the Oil Fund), helps mitigate these effects. This fund invests surplus revenues from the petroleum sector in international financial markets, providing a buffer against economic shocks. Additionally, Norway's low debt levels, strong sovereign credit ratings, and effective monetary policies by Norges Bank (the country's central bank) contribute to the Krone’s overall stability.

Bitget crypto-to-fiat exchange data shows that the most popular Codex currency pair is the CDEX to NOK, with for Codex's currency code being CDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NOK.

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How to convert CDEX to NOK

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CDEX to NOK Conversion tables

The exchange rate of Codex is increasing.
The exchange rate of 1 CDEX to Norwegian Krone has changed by +9.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.89%, reaching a high of 0.{4}9703 NOK and a low of 0.{4}8370 NOK . One month ago, the value of 1 CDEX was kr0.{4}8159 NOK , which represents a +3.58% change from its current value. Over the last year, Codex has changed by
-kr
0.0001463NOK
, resulting in a change of -60.54% in its value.
24 hours ago1 month ago1 year ago
Amount 00:06 am today 24 hours ago 24h change
0.5 CDEX
kr0.{4}4244kr0.{4}3663
+13.89%
1 CDEX
kr0.{4}8489kr0.{4}7326
+13.89%
5 CDEX
kr0.0004244kr0.0003663
+13.89%
10 CDEX
kr0.0008489kr0.0007326
+13.89%
50 CDEX
kr0.004244kr0.003663
+13.89%
100 CDEX
kr0.008489kr0.007326
+13.89%
500 CDEX
kr0.04244kr0.03663
+13.89%
1000 CDEX
kr0.08489kr0.07326
+13.89%

CDEX to NOK FAQ

How much is 1 Codex in NOK?
Right now, the price of 1 Codex (CDEX) in Norwegian Krone (NOK) is kr0.{4}8489.
How much CDEX can I buy for 1 NOK?
Based on the current exchange rate, you can get 11,780.49 CDEX for 1 NOK.
How do I calculate or convert CDEX to NOK?
You can use our CDEX to NOK calculator at the top of this page to convert any amount of CDEX to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 58,902.45 CDEX, while 5 CDEX will cost around 0.0004244NOK.
What is the highest price of CDEX/NOK in history?
The all-time high price of 1 CDEX in NOK is kr0.01127. It remains to be seen if the value of 1 CDEX/NOK will exceed the current all-time high.
What is the price trend of Codex in NOK?
Over the past 7 days, the exchange rate of Codex (CDEX) has gone up by 9.01%.   Over the last month, the exchange rate of Codex (CDEX) has gone up by 3.58% against Norwegian Krone (NOK).

What factors influence the conversion rate of CDEX to NOK?

There are many factors that affect the relationship between Codex and Norwegian Krone, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of CDEX/NOK. When there is positive news in the market about the widespread adoption of CDEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of CDEX/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in CDEX/NOK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of CDEX/NOK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Codex and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Codex currency pairs: CDEX to US Dollar (USD), CDEX to Euro (EUR), CDEX to Pound Sterling (GBP), CDEX to Canadian Dollar (CAD), CDEX to Indian Rupee (INR), CDEX to Pakistani Rupee (PKR), CDEX to Brazilian Real (BRL), CDEX to…
The price of Codex in the US is $0.{5}8564 USD. Additionally, Codex’s price is €0.{5}7407 EUR in the eurozone, £0.{5}6308 GBP in the UK, C$0.{4}1162 CAD in Canada, ₹0.0007365 INR in India, ₨0.002424 PKR in Pakistan, R$0.{4}4704 BRL in Brazil, and more.
The most popular Codex currency pair is the CDEX to Norwegian Krone(NOK). The price of 1 Codex (CDEX) in Norwegian Krone (NOK) is kr0.{4}8489.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.