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Ethena to Norwegian Krone Converter and calculator

Convert 1Ethena (ENA) to Norwegian Krone (NOK) equals kr 6.54 | 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 Ethena(ENA) to Norwegian Krone(NOK). This is the real-time data. The current conversion shows 1 ENA at a value of 1 ENA for 6.54 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.

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

ENA to NOK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethena has changed -0.56% to NOK. Based on the trend and price charts, Ethena(ENA) has changed -0.56% to NOK while Norwegian Krone(NOK) has changed % to ENA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr6.56
0.0200% / 0.0320%vip-iconVIP 7
Binance
kr6.56
0.1000% / 0.1000%
Yes
Huobi
kr6.56
0.1000% / 0.1000%
Yes
Gate.io
kr6.56
0.1000% / 0.1000%
Yes
Bybit
kr6.56
0.1000% / 0.1000%
Yes
KuCoin
kr6.56
0.1000% / 0.1000%
Yes
Bitfinex
kr6.56
0.1000% / 0.1000%
Yes
Last updated 2024/06/21 02:00:16(UTC+0)

How to buy Ethena

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Buy Ethena (ENA)
Use a variety of payment options to buy Ethena on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of ENA with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy ENA 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
361 tradesCompletion rate 98.00%
1.01 USD
Amount914.74 USDT
Limit10 - 835 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
m
mundocriptoVerified Merchant
30 tradesCompletion rate 91.00%
1.018 USD
Amount410.18 USDT
Limit10 - 200 USD
Volet.com(Formerly Advcash)
Buy
Q
QuickResponse100%Verified Merchant
335 tradesCompletion rate 98.00%
1.025 USD
Amount52 USDT
Limit10 - 77 USD
Volet.com(Formerly Advcash)Air TM
Buy
G
GusiCryptoFastVerified Merchant
2 tradesCompletion rate 100.00%
1.025 USD
Amount398 USDT
Limit10 - 407.154 USD
Volet.com(Formerly Advcash)Air TM
Buy
S
SpiderFinance SFVerified Merchant
26 tradesCompletion rate 84.00%
1.028 USD
Amount499.99 USDT
Limit10 - 512.972 USD
Wise
Buy

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

Bitget P2P trading currently does not support direct selling of ENA to NOK. However, you can first exchange ENA 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
L
Lucas Carbal Trades Verified Merchant
25 tradesCompletion rate 93.00%
1.21 USD
Amount42100.86 USDT
Limit1000 - 46740 USD
Bank TransferBank of GeorgiaVolet.com(Formerly Advcash)RevolutZen
Sell
M
MILENA DOS SANTOSVerified Merchant
7 tradesCompletion rate 100.00%
1.2 USD
Amount39000 USDT
Limit2500 - 38000 USD
Bank Transfer
Sell
Q
QuickResponse100%Verified Merchant
335 tradesCompletion rate 98.00%
1.13 USD
Amount11.1 USDT
Limit10 - 12 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
9 tradesCompletion rate 69.00%
1.1 USD
Amount4993.23 USDT
Limit100 - 5000 USD
WebMoney
Sell
D
DimTradeVerified Merchant
0 tradesCompletion rate 0.00%
1.1 USD
Amount4502.79 USDT
Limit100 - 1000 USD
WebMoney
Sell

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

Ethena to Norwegian Krone is falling this week.
Ethena's current market price is kr 6.54 per ENA, with a total market cap of kr 9,939,075,629.91 NOK based on a circulating supply of 1,520,312,400 ENA. The trading volume of Ethena has changed by -14.06% (kr -196,484,830.42 NOK) in the last 24 hours. Last trading day, ENA's trading volume was kr 1,397,285,078.26.
Market cap
$942.48M
24h volume
$113.87M
Circulating supply
1.52B ENA

Conversion tables

The exchange rate of Ethena is decreasing.
1 ENA is currently valued at kr 6.54 NOK , which means buying 5 ENA will cost kr 32.69 NOK . Similarly, kr1 NOK can be traded for 0.1530 ENA, and kr50 NOK can be converted to 7.65 ENA, excluding any platform or gas fees.
The exchange rate of 1 ENA to Norwegian Krone has changed by -12.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.56%, reaching a high of 7.02 NOK and a low of 6.34 NOK . One month ago, the value of 1 ENA was kr 9.19 NOK , which represents a -28.80% change from its current value. Over the last year, Ethena has changed by
+kr
6.55NOK
, resulting in a change of --% in its value.

ENA to NOK

Amount
02:15 am today
0.5 ENA
kr3.27
1 ENA
kr6.54
5 ENA
kr32.69
10 ENA
kr65.38
50 ENA
kr326.88
100 ENA
kr653.75
500 ENA
kr3,268.76
1000 ENA
kr6,537.52

NOK to ENA

Amount02:15 am today
0.5NOK0.07648  ENA
1NOK0.1530  ENA
5NOK0.7648  ENA
10NOK1.53  ENA
50NOK7.65  ENA
100NOK15.3  ENA
500NOK76.48  ENA
1000NOK152.96  ENA
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Today vs. 24 hours ago

Amount02:15 am today24 hours ago24h change
0.5 ENA$0.3100$0.3117
-0.56%
1 ENA$0.6199$0.6234
-0.56%
5 ENA$3.1$3.12
-0.56%
10 ENA$6.2$6.23
-0.56%
50 ENA$31$31.17
-0.56%
100 ENA$61.99$62.34
-0.56%
500 ENA$309.96$311.7
-0.56%
1000 ENA$619.92$623.41
-0.56%

Today vs. 1 month ago

Amount02:15 am today1 month ago1M change
0.5 ENA$0.3100$0.4356
-28.80%
1 ENA$0.6199$0.8712
-28.80%
5 ENA$3.1$4.36
-28.80%
10 ENA$6.2$8.71
-28.80%
50 ENA$31$43.56
-28.80%
100 ENA$61.99$87.12
-28.80%
500 ENA$309.96$435.58
-28.80%
1000 ENA$619.92$871.16
-28.80%
Buy Ethena for 1 NOK
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Today vs. 1 year ago

Amount02:15 am today1 year ago1Y change
0.5 ENA$0.3100$-0.0005722
--
1 ENA$0.6199$-0.001144
--
5 ENA$3.1$-0.005722
--
10 ENA$6.2$-0.01144
--
50 ENA$31$-0.05722
--
100 ENA$61.99$-0.1144
--
500 ENA$309.96$-0.5722
--
1000 ENA$619.92$-1.1444
--

Ethena price prediction

What will the price of ENA be in 2025?

Based on ENA's historical price performance prediction model, the price of ENA is projected to reach -- in 2025.

What will the price of ENA be in 2030?

In 2030, the ENA price is expected to rise by -8.00%. By the end of 2030, the ENA price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Ethena for 1 NOK
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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 Ethena 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 Ethena 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 Ethena 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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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.