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Bittensor to Norwegian Krone Converter and calculator

Convert 1Bittensor (TAO) to Norwegian Krone (NOK) equals kr 3,278.88 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Bittensor(TAO) to Norwegian Krone(NOK). This is the real-time data. The current conversion shows 1 TAO at a value of 1 TAO for 3,278.88 NOK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NOK 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.

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

TAO to NOK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bittensor has changed +0.89% to NOK. Based on the trend and price charts, Bittensor(TAO) has changed +0.89% to NOK while Norwegian Krone(NOK) has changed % to TAO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr3,287.4
0.0002% / 0.0003%vip-iconVIP
Binance
kr3,283.77
0.1000% / 0.1000%
Yes
Gate.io
kr3,281.63
0.1000% / 0.1000%
Yes
KuCoin
kr3,278.54
0.1000% / 0.1000%
Yes
Last updated 2024/06/16 09:00:16(UTC+0)

How to buy Bittensor

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Bittensor (TAO)
Use a variety of payment options to buy Bittensor on Bitget. We'll show you how.

Buy TAO (or USDT) for NOK (Norwegian Krone) offers

Bitget P2P trading does not currently support direct buying of TAO with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy TAO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
金边安欣币行Verified Merchant
333 tradesCompletion rate 98.00%
1 USD
Amount903.02 USDT
Limit10 - 1263 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
P
Ponreay_FXVerified Merchant
183 tradesCompletion rate 98.00%
1 USD
Amount556.28 USDT
Limit10 - 556.28 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
R
RechargeVerified Merchant
51 tradesCompletion rate 89.00%
1.025 USD
Amount82.36 USDT
Limit10 - 84 USD
Volet.com(Formerly Advcash)Air TM
Buy
B
BOSS CRYPTOVerified Merchant
217 tradesCompletion rate 95.00%
1.028 USD
Amount5000 USDT
Limit100 - 5140 USD
Wise
Buy
I
Itzsheikhs Verified Merchant
235 tradesCompletion rate 98.00%
1.029 USD
Amount3576.85 USDT
Limit300 - 3680 USD
Wise
Buy

Sell TAO (or USDT) for NOK (Norwegian Krone) offers

Bitget P2P trading currently does not support direct selling of TAO to NOK. However, you can first exchange TAO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
G
Garcia Duvian p2pVerified Merchant
25 tradesCompletion rate 100.00%
1.2 USD
Amount30000 USDT
Limit1000 - 36000 USD
Bank TransferRevolutWebMoney
Sell
R
Russiad_BCVerified Merchant
60 tradesCompletion rate 91.00%
1.189 USD
Amount3887.41 USDT
Limit10 - 4000 USD
WebMoney
Sell
M
Mzansi*Coins*ReserveVerified Merchant
4 tradesCompletion rate 33.00%
1.15 USD
Amount488.72 USDT
Limit10 - 575 USD
WebMoney
Sell
y
yaske212Verified Merchant
27 tradesCompletion rate 77.00%
1.12 USD
Amount427.4 USDT
Limit10 - 414 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
9 tradesCompletion rate 69.00%
1.1 USD
Amount4993.23 USDT
Limit100 - 5000 USD
WebMoney
Sell

What factors influence the conversion rate of Bittensor to Norwegian Krone?

Bittensor to Norwegian Krone is falling this week.
Bittensor's current market price is kr 3,278.88 per TAO, with a total market cap of kr 22,757,056,746.34 NOK based on a circulating supply of 6,940,498 TAO. The trading volume of Bittensor has changed by -57.69% (kr -289,607,956.72 NOK) in the last 24 hours. Last trading day, TAO's trading volume was kr 501,991,542.51.
Market cap
$2.13B
24h volume
$19.88M
Circulating supply
6.94M TAO

Conversion tables

The exchange rate of Bittensor is decreasing.
1 TAO is currently valued at kr 3,278.88 NOK , which means buying 5 TAO will cost kr 16,394.4 NOK . Similarly, kr1 NOK can be traded for 0.0003050 TAO, and kr50 NOK can be converted to 0.01525 TAO, excluding any platform or gas fees.
The exchange rate of 1 TAO to Norwegian Krone has changed by -15.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.89%, reaching a high of 3,304.98 NOK and a low of 3,199.23 NOK . One month ago, the value of 1 TAO was kr 4,100.94 NOK , which represents a -20.08% change from its current value. Over the last year, Bittensor has changed by
+kr
578.46NOK
, resulting in a change of +487.54% in its value.

TAO to NOK

Amount
09:56 am today
0.5 TAO
kr1,639.44
1 TAO
kr3,278.88
5 TAO
kr16,394.4
10 TAO
kr32,788.8
50 TAO
kr163,943.98
100 TAO
kr327,887.97
500 TAO
kr1,639,439.84
1000 TAO
kr3,278,879.68

NOK to TAO

Amount09:56 am today
0.5NOK0.0001525  TAO
1NOK0.0003050  TAO
5NOK0.001525  TAO
10NOK0.003050  TAO
50NOK0.01525  TAO
100NOK0.03050  TAO
500NOK0.1525  TAO
1000NOK0.3050  TAO
Buy Bittensor for 1 NOK
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Today vs. 24 hours ago

Amount09:56 am today24 hours ago24h change
0.5 TAO$153.47$152.12
+0.89%
1 TAO$306.94$304.24
+0.89%
5 TAO$1,534.71$1,521.19
+0.89%
10 TAO$3,069.42$3,042.39
+0.89%
50 TAO$15,347.11$15,211.94
+0.89%
100 TAO$30,694.22$30,423.88
+0.89%
500 TAO$153,471.11$152,119.38
+0.89%
1000 TAO$306,942.23$304,238.77
+0.89%

Today vs. 1 month ago

Amount09:56 am today1 month ago1M change
0.5 TAO$153.47$191.95
-20.08%
1 TAO$306.94$383.9
-20.08%
5 TAO$1,534.71$1,919.48
-20.08%
10 TAO$3,069.42$3,838.96
-20.08%
50 TAO$15,347.11$19,194.82
-20.08%
100 TAO$30,694.22$38,389.65
-20.08%
500 TAO$153,471.11$191,948.24
-20.08%
1000 TAO$306,942.23$383,896.48
-20.08%
Buy Bittensor for 1 NOK
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now

Today vs. 1 year ago

Amount09:56 am today1 year ago1Y change
0.5 TAO$153.47$26.4
+487.54%
1 TAO$306.94$52.79
+487.54%
5 TAO$1,534.71$263.96
+487.54%
10 TAO$3,069.42$527.92
+487.54%
50 TAO$15,347.11$2,639.59
+487.54%
100 TAO$30,694.22$5,279.18
+487.54%
500 TAO$153,471.11$26,395.91
+487.54%
1000 TAO$306,942.23$52,791.82
+487.54%

Bittensor price prediction

What will the price of TAO be in 2025?

Based on TAO's historical price performance prediction model, the price of TAO is projected to reach $367.7 in 2025.

What will the price of TAO be in 2030?

In 2030, the TAO price is expected to rise by +1.00%. By the end of 2030, the TAO price is projected to reach $464.12, with a cumulative ROI of +51.21%.
Buy Bittensor for 1 NOK
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Bittensor for 1 NOK
A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Bittensor and NOK.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Bittensor and NOK. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Bittensor in NOK, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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A welcome pack worth 1000 USDT for new Bitgetters!

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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.