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SUMMIT to NOK Converter and calculator

SUMMIT/NOK: 1 SUMMIT = 0.0005028 NOK. The price of converting 1 Summit (SUMMIT) to Norwegian Krone (NOK) is 0.0005028 NOK today.
SUMMIT
SUMMIT
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SUMMIT to NOK real-time exchange rates, making it easy to convert Summit (SUMMIT) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 SUMMIT is currently valued at 0.0005028 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SUMMIT is currently valued at 0.0005028 NOK, which means buying 5 SUMMIT would cost 0.002514 NOK. Similarly, kr1 NOK can be converted to 1,989.03 SUMMIT, and kr50 NOK can be converted to 9,945.16 SUMMIT, excluding any platform or gas fees.

Convert SUMMIT to NOK

Convert NOK to SUMMIT

Summit
Norwegian Krone
1 SUMMIT
0.0005028  NOK
Exchange 1 SUMMIT for 0.0005028 NOK
2 SUMMIT
0.001006  NOK
Exchange 2 SUMMIT for 0.001006 NOK
5 SUMMIT
0.002514  NOK
Exchange 5 SUMMIT for 0.002514 NOK
10 SUMMIT
0.005028  NOK
Exchange 10 SUMMIT for 0.005028 NOK
20 SUMMIT
0.01006  NOK
Exchange 20 SUMMIT for 0.01006 NOK
50 SUMMIT
0.02514  NOK
Exchange 50 SUMMIT for 0.02514 NOK
100 SUMMIT
0.05028  NOK
Exchange 100 SUMMIT for 0.05028 NOK
200 SUMMIT
0.1006  NOK
Exchange 200 SUMMIT for 0.1006 NOK
500 SUMMIT
0.2514  NOK
Exchange 500 SUMMIT for 0.2514 NOK
1000 SUMMIT
0.5028  NOK
Exchange 1000 SUMMIT for 0.5028 NOK
5000 SUMMIT
2.51  NOK
Exchange 5000 SUMMIT for 2.51 NOK
10000 SUMMIT
5.03  NOK
Exchange 10000 SUMMIT for 5.03 NOK
In the table above, you'll find a comprehensive SUMMIT to NOK converter that shows the value of Summit in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 SUMMIT to NOK, all the way up to 10000 SUMMIT, providing a clear view of their respective values.
Norwegian Krone
Summit
1 NOK
1,989.03 SUMMIT
Exchange 1 NOK for 1,989.03 SUMMIT
10 NOK
19,890.33 SUMMIT
Exchange 10 NOK for 19,890.33 SUMMIT
50 NOK
99,451.65 SUMMIT
Exchange 50 NOK for 99,451.65 SUMMIT
100 NOK
198,903.3 SUMMIT
Exchange 100 NOK for 198,903.3 SUMMIT
200 NOK
397,806.6 SUMMIT
Exchange 200 NOK for 397,806.6 SUMMIT
500 NOK
994,516.5 SUMMIT
Exchange 500 NOK for 994,516.5 SUMMIT
1000 NOK
1,989,033 SUMMIT
Exchange 1000 NOK for 1,989,033 SUMMIT
2000 NOK
3,978,065.99 SUMMIT
Exchange 2000 NOK for 3,978,065.99 SUMMIT
5000 NOK
9,945,164.98 SUMMIT
Exchange 5000 NOK for 9,945,164.98 SUMMIT
10000 NOK
19,890,329.96 SUMMIT
Exchange 10000 NOK for 19,890,329.96 SUMMIT
50000 NOK
99,451,649.82 SUMMIT
Exchange 50000 NOK for 99,451,649.82 SUMMIT
100000 NOK
198,903,299.63 SUMMIT
Exchange 100000 NOK for 198,903,299.63 SUMMIT
In the table above, you'll find a comprehensive NOK to SUMMIT converter that shows the value of Norwegian Krone in Summit across commonly used conversion amounts. The list covers conversions from 1 NOK to SUMMIT, all the way up to 100000 NOK, providing a clear view of their respective values.

SUMMIT to NOK chart

SUMMIT/NOK: 1 SUMMIT = 0.0005028 NOK; 2025/08/15 05:38:51
In the past 1D, Summit has changed -9.43% to NOK. Based on the trend and price charts, Summit(SUMMIT) has changed -9.43% to NOK while Norwegian Krone(NOK) has changed % to SUMMIT in the last 24 hours.
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SUMMIT to NOK conversion data: Volatility and price changes of Summit in NOK

The highest Summit price in NOK over the past 7 days was 0.0006862 NOK while the lowest Summit price in NOK over the past 7 days was 0.0004853 NOK. The relative change between the highs and lows in Summit price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and SUMMIT 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
0.0005647 NOK
0.0006862 NOK
0.001613 NOK
0.001613 NOK
Low
0.0004853 NOK
0.0004853 NOK
0.0004853 NOK
0.0003283 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
-9.43%
-34.93%
-63.38%
-55.08%

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Bitget P2P trading does not currently support direct buying of SUMMIT with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy SUMMIT with USDT via Bitget spot market.
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Summit information

SUMMIT to NOK market statistics

SUMMIT/NOK:
kr0.0005028
SUMMIT 24h volume:
kr1,931,592.07
SUMMIT market cap:
--
SUMMIT circulating supply:
0 SUMMIT

Current SUMMIT to NOK exchange rate

Summit to Norwegian Krone is falling this week.
Summit's current market price is kr0.0005028 per SUMMIT, with a total market cap of kr0 NOK based on a circulating supply of -- SUMMIT. The trading volume of Summit has changed by +59.50% (kr720,597.49 NOK) in the last 24 hours. Last trading day, SUMMIT's trading volume was kr1,210,994.59.

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

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How to convert SUMMIT to NOK

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1 SUMMIT to $0.{4}4922 USD
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1 SUMMIT to C$0.{4}6794 CAD
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1 SUMMIT to kr0.0005028 NOK
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1 SUMMIT to ¥0.007245 JPY
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1 SUMMIT to R$0.0002665 BRL

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SUMMIT to NOK Conversion tables

The exchange rate of Summit is decreasing.
The exchange rate of 1 SUMMIT to Norwegian Krone has changed by -34.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.43%, reaching a high of 0.0005647 NOK and a low of 0.0004853 NOK . One month ago, the value of 1 SUMMIT was kr0.001373 NOK , which represents a -63.38% change from its current value. Over the last year, Summit has changed by
-kr
0.0007511NOK
, resulting in a change of -59.89% in its value.
24 hours ago1 month ago1 year ago
Amount 05:38 am today 24 hours ago 24h change
0.5 SUMMIT
kr0.0002514kr0.0002776
-9.43%
1 SUMMIT
kr0.0005028kr0.0005551
-9.43%
5 SUMMIT
kr0.002514kr0.002776
-9.43%
10 SUMMIT
kr0.005028kr0.005551
-9.43%
50 SUMMIT
kr0.02514kr0.02776
-9.43%
100 SUMMIT
kr0.05028kr0.05551
-9.43%
500 SUMMIT
kr0.2514kr0.2776
-9.43%
1000 SUMMIT
kr0.5028kr0.5551
-9.43%

SUMMIT to NOK FAQ

How much is 1 Summit in NOK?
Right now, the price of 1 Summit (SUMMIT) in Norwegian Krone (NOK) is kr0.0005028.
How much SUMMIT can I buy for 1 NOK?
Based on the current exchange rate, you can get 1,989.03 SUMMIT for 1 NOK.
How do I calculate or convert SUMMIT to NOK?
You can use our SUMMIT to NOK calculator at the top of this page to convert any amount of SUMMIT to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 9,945.16 SUMMIT, while 5 SUMMIT will cost around 0.002514NOK.
What is the highest price of SUMMIT/NOK in history?
The all-time high price of 1 SUMMIT in NOK is kr0.02899. It remains to be seen if the value of 1 SUMMIT/NOK will exceed the current all-time high.
What is the price trend of Summit in NOK?
Over the past 7 days, the exchange rate of Summit (SUMMIT) has gone down by 34.93%.   Over the last month, the exchange rate of Summit (SUMMIT) has gone down by 63.38% against Norwegian Krone (NOK).

What factors influence the conversion rate of SUMMIT to NOK?

There are many factors that affect the relationship between Summit 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 SUMMIT/NOK. When there is positive news in the market about the widespread adoption of SUMMIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SUMMIT/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SUMMIT/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 SUMMIT/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 Summit 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 Summit currency pairs: SUMMIT to US Dollar (USD), SUMMIT to Euro (EUR), SUMMIT to Pound Sterling (GBP), SUMMIT to Canadian Dollar (CAD), SUMMIT to Indian Rupee (INR), SUMMIT to Pakistani Rupee (PKR), SUMMIT to Brazilian Real (BRL), SUMMIT to…
The price of Summit in the US is $0.{4}4922 USD. Additionally, Summit’s price is €0.{4}4221 EUR in the eurozone, £0.{4}3633 GBP in the UK, C$0.{4}6794 CAD in Canada, ₹0.004311 INR in India, ₨0.01394 PKR in Pakistan, R$0.0002665 BRL in Brazil, and more.
The most popular Summit currency pair is the SUMMIT to Norwegian Krone(NOK). The price of 1 Summit (SUMMIT) in Norwegian Krone (NOK) is kr0.0005028.

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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.