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OWO to NOK Converter and calculator

OWO/NOK: 1 OWO = 0.02004 NOK. The price of converting 1 SoMon (OWO) to Norwegian Krone (NOK) is 0.02004 NOK today.
OWO
OWO
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OWO to NOK real-time exchange rates, making it easy to convert SoMon (OWO) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 OWO is currently valued at 0.02004 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OWO is currently valued at 0.02004 NOK, which means buying 5 OWO would cost 0.1002 NOK. Similarly, kr1 NOK can be converted to 49.89 OWO, and kr50 NOK can be converted to 249.46 OWO, excluding any platform or gas fees.

Convert OWO to NOK

Convert NOK to OWO

SoMon
Norwegian Krone
1 OWO
0.02004  NOK
Exchange 1 OWO for 0.02004 NOK
2 OWO
0.04009  NOK
Exchange 2 OWO for 0.04009 NOK
5 OWO
0.1002  NOK
Exchange 5 OWO for 0.1002 NOK
10 OWO
0.2004  NOK
Exchange 10 OWO for 0.2004 NOK
20 OWO
0.4009  NOK
Exchange 20 OWO for 0.4009 NOK
50 OWO
1  NOK
Exchange 50 OWO for 1 NOK
100 OWO
2  NOK
Exchange 100 OWO for 2 NOK
200 OWO
4.01  NOK
Exchange 200 OWO for 4.01 NOK
500 OWO
10.02  NOK
Exchange 500 OWO for 10.02 NOK
1000 OWO
20.04  NOK
Exchange 1000 OWO for 20.04 NOK
5000 OWO
100.22  NOK
Exchange 5000 OWO for 100.22 NOK
10000 OWO
200.43  NOK
Exchange 10000 OWO for 200.43 NOK
In the table above, you'll find a comprehensive OWO to NOK converter that shows the value of SoMon in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 OWO to NOK, all the way up to 10000 OWO, providing a clear view of their respective values.
Norwegian Krone
SoMon
1 NOK
49.89 OWO
Exchange 1 NOK for 49.89 OWO
10 NOK
498.92 OWO
Exchange 10 NOK for 498.92 OWO
50 NOK
2,494.6 OWO
Exchange 50 NOK for 2,494.6 OWO
100 NOK
4,989.2 OWO
Exchange 100 NOK for 4,989.2 OWO
200 NOK
9,978.4 OWO
Exchange 200 NOK for 9,978.4 OWO
500 NOK
24,945.99 OWO
Exchange 500 NOK for 24,945.99 OWO
1000 NOK
49,891.98 OWO
Exchange 1000 NOK for 49,891.98 OWO
2000 NOK
99,783.96 OWO
Exchange 2000 NOK for 99,783.96 OWO
5000 NOK
249,459.89 OWO
Exchange 5000 NOK for 249,459.89 OWO
10000 NOK
498,919.78 OWO
Exchange 10000 NOK for 498,919.78 OWO
50000 NOK
2,494,598.92 OWO
Exchange 50000 NOK for 2,494,598.92 OWO
100000 NOK
4,989,197.85 OWO
Exchange 100000 NOK for 4,989,197.85 OWO
In the table above, you'll find a comprehensive NOK to OWO converter that shows the value of Norwegian Krone in SoMon across commonly used conversion amounts. The list covers conversions from 1 NOK to OWO, all the way up to 100000 NOK, providing a clear view of their respective values.

OWO to NOK chart

OWO/NOK: 1 OWO = 0.02004 NOK; 2025/08/15 14:51:17
In the past 1D, SoMon has changed -1.92% to NOK. Based on the trend and price charts, SoMon(OWO) has changed -1.92% to NOK while Norwegian Krone(NOK) has changed % to OWO in the last 24 hours.
1D7D1M3M1YAll

OWO to NOK conversion data: Volatility and price changes of SoMon in NOK

The highest SoMon price in NOK over the past 7 days was 0.02149 NOK while the lowest SoMon price in NOK over the past 7 days was 0.01876 NOK. The relative change between the highs and lows in SoMon price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and OWO 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
0.02044 NOK
0.02149 NOK
0.02149 NOK
0.02149 NOK
Low
0.02004 NOK
0.01876 NOK
0.01710 NOK
0.01150 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
-1.92%
+2.76%
+26.13%
+47.55%

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SoMon information

OWO to NOK market statistics

OWO/NOK:
kr0.02004
OWO 24h volume:
--
OWO market cap:
--
OWO circulating supply:
0 OWO

Current OWO to NOK exchange rate

SoMon to Norwegian Krone is rising this week.
SoMon's current market price is kr0.02004 per OWO, with a total market cap of kr0 NOK based on a circulating supply of -- OWO. The trading volume of SoMon has changed by 0.00% (kr0 NOK) in the last 24 hours. Last trading day, OWO's trading volume was kr0.

More info about SoMon 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 SoMon currency pair is the OWO to NOK, with for SoMon's currency code being OWO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NOK.

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OWO to NOK Conversion tables

The exchange rate of SoMon is increasing.
The exchange rate of 1 OWO to Norwegian Krone has changed by +2.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.92%, reaching a high of 0.02044 NOK and a low of 0.02004 NOK . One month ago, the value of 1 OWO was kr0.01589 NOK , which represents a +26.13% change from its current value. Over the last year, SoMon has changed by
-kr
0.4093NOK
, resulting in a change of -95.33% in its value.
24 hours ago1 month ago1 year ago
Amount 14:51 today 24 hours ago 24h change
0.5 OWO
kr0.01002kr0.01022
-1.92%
1 OWO
kr0.02004kr0.02044
-1.92%
5 OWO
kr0.1002kr0.1022
-1.92%
10 OWO
kr0.2004kr0.2044
-1.92%
50 OWO
kr1kr1.02
-1.92%
100 OWO
kr2kr2.04
-1.92%
500 OWO
kr10.02kr10.22
-1.92%
1000 OWO
kr20.04kr20.44
-1.92%

OWO to NOK FAQ

How much is 1 SoMon in NOK?
Right now, the price of 1 SoMon (OWO) in Norwegian Krone (NOK) is kr0.02004.
How much OWO can I buy for 1 NOK?
Based on the current exchange rate, you can get 49.89 OWO for 1 NOK.
How do I calculate or convert OWO to NOK?
You can use our OWO to NOK calculator at the top of this page to convert any amount of OWO to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 249.46 OWO, while 5 OWO will cost around 0.1002NOK.
What is the highest price of OWO/NOK in history?
The all-time high price of 1 OWO in NOK is kr0.4565. It remains to be seen if the value of 1 OWO/NOK will exceed the current all-time high.
What is the price trend of SoMon in NOK?
Over the past 7 days, the exchange rate of SoMon (OWO) has gone up by 2.76%.   Over the last month, the exchange rate of SoMon (OWO) has gone up by 26.13% against Norwegian Krone (NOK).

What factors influence the conversion rate of OWO to NOK?

There are many factors that affect the relationship between SoMon 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 OWO/NOK. When there is positive news in the market about the widespread adoption of OWO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OWO/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OWO/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 OWO/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 SoMon 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 SoMon currency pairs: OWO to US Dollar (USD), OWO to Euro (EUR), OWO to Pound Sterling (GBP), OWO to Canadian Dollar (CAD), OWO to Indian Rupee (INR), OWO to Pakistani Rupee (PKR), OWO to Brazilian Real (BRL), OWO to…
The price of SoMon in the US is $0.001969 USD. Additionally, SoMon’s price is €0.001685 EUR in the eurozone, £0.001452 GBP in the UK, C$0.002716 CAD in Canada, ₹0.1722 INR in India, ₨0.5585 PKR in Pakistan, R$0.01062 BRL in Brazil, and more.
The most popular SoMon currency pair is the OWO to Norwegian Krone(NOK). The price of 1 SoMon (OWO) in Norwegian Krone (NOK) is kr0.02004.

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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.