Convert Chinese Yuan to Norwegian Krone
Convert Chinese Yuan (CNY) to Norwegian Krone (NOK) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB, meaning "people's currency"), is the official currency of the People's Republic of China. Introduced in 1949 when the People's Republic was founded, it replaced multiple currencies issued by various warlords and governments. The People's Bank of China manages monetary policy using a managed floating exchange rate with reference to a basket of currencies. The yuan became an IMF Special Drawing Rights (SDR) reserve currency in 2016, recognising China's role as the world's second largest economy.
About Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway and is managed by Norges Bank with an inflation-targeting floating exchange rate regime. Norway is one of the world's wealthiest countries, with a massive sovereign wealth fund - the Government Pension Fund Global, the world's largest sovereign wealth fund at over one trillion US Dollars - built from North Sea oil revenues. This "oil fund" provides a financial buffer against commodity price cycles. Norway is not an EU member but participates in the European Economic Area.
Quick Reference Table
| Chinese Yuan (CNY) | Norwegian Krone (NOK) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).