Convert Philippine Peso to Norwegian Krone
Convert Philippine Peso (PHP) to Norwegian Krone (NOK) using daily updated exchange rates.
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Exchange Rate
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About Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, an archipelago nation of over 7,000 islands in Southeast Asia. Introduced in its modern form in 1949 when the Central Bank of the Philippines was established, the peso replaced the controlled "win" currency used during and after World War II. Bangko Sentral ng Pilipinas (BSP) manages monetary policy with a managed float. The Philippines is one of Asia's fastest growing economies, with remittances from over 10 million overseas Filipino workers (OFWs) forming a critical economic pillar representing about 10% of GDP.
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
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).