Convert South African Rand to Norwegian Krone
Convert South African Rand (ZAR) to Norwegian Krone (NOK) using daily updated exchange rates.
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Exchange Rate
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About South African Rand
The South African Rand (ZAR) is the official currency of South Africa, taking its name from the Witwatersrand (White Waters Ridge), the major gold reef that underpins the Johannesburg metropolitan area and made South Africa the world's leading gold producer for much of the 20th century. Introduced in 1961 when South Africa became a republic, the rand replaced the South African pound. The South African Reserve Bank (SARB) manages monetary policy with a floating exchange rate.
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
| South African Rand (ZAR) | Norwegian Krone (NOK) |
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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).