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Norwegian kroner to Guyanese Dollar Exchange Rate History - XTransfer

Norwegian kroner to Guyanese Dollar Historical Exchange Rates

Welcome to the NOK to GYD exchange rate history page. This page contains detailed daily historical exchange rates between NOK and GYD from 2025-3-8 to 2026-03-16, making it easy to look up and reference.

Amount
Result

1 NOK = 21.4034 GYD

04:30 Exchange Rate

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1 Norwegian kroner to Guyanese Dollar Historical Exchange Rate Trends

1 NOK = -- GYD

04:30 Exchange Rate

NOK - GYD+0%
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NOKNOK - Norwegian Krone

The Norwegian krone has been issued since 1875 and is an important part of the Nordic economy. NOK benefits from its rich oil and gas resources and reflects the country's wealth and high welfare level.

  • Supporting unit:1 Krona = 100 Öre
  • Denomination of banknotes:50, 100, 200, 500, 1000 krone
  • Reserve currency:Yes, the Norwegian krone is regarded as a minor reserve currency in some countries.
  • Banknote material:High-quality paper, utilizing advanced anti-counterfeiting technology.
  • Metal composition:Nickel brass, copper-plated steel, stainless steel, and other alloys
  • Currency symbol:kr 或 NOK
  • Paper currency size:For example, 1000 kronor measures 160mm × 70mm (new series).
  • language:en
  • Main unit:1 krone (Krone)
  • ISO code:NOK
  • Currency name:Norwegian Krone
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Norges Bank
  • Safe-haven currency:It has certain hedging properties due to its economic stability and background of sovereign wealth funds.
  • Coin denomination:1, 5, 10, and 20 kronor (50 öre and smaller denominations have been gradually phased out)
  • Countries of Use:Norway (excluding the Faroe Islands and Greenland, which use the Danish krone)
  • Cross-border payment:NOK supports international payments through the SWIFT and SEPA systems (applicable to the European Economic Area), which enables high efficiency and is commonly used for trade settlements within the Nordic and EU regions.

GYDGYD - Guyana Dollar

The Guyana dollar was introduced after independence in 1966, replacing the previous Guyana dollar. It supports the country's economic base, especially the agricultural and mining sectors. Although the currency is influenced by the US dollar, it is widely used in daily transactions locally.

  • Supporting unit:1 yuan = 100 cents, but the use of cent coins has declined significantly.
  • Denomination of banknotes:$20, $50, $100, $500, $1,000, $2,000, $5,000
  • Reserve currency:No, it is primarily used for domestic economic activities.
  • Banknote material:Mostly a mix of cotton paper and polymers, featuring security features such as watermarks and anti-counterfeiting metal threads.
  • Metal composition:Nickel-plated steel, stainless steel, copper alloy
  • Currency symbol:G$
  • Paper currency size:$1,000 measures 156mm × 65mm, while other denominations vary slightly in size.
  • language:en
  • Main unit:Guyana Dollar
  • ISO code:GYD
  • Currency name:Guyana Dollar
  • Exchange Rate System:Managing floating exchange rate systems
  • Central Bank:Bank of Guyana
  • Safe-haven currency:No, it is a high-volatility currency in developing markets.
  • Coin denomination:$1, $5, $10
  • Countries of Use:Guyana is the only country that officially uses it.
  • Cross-border payment:Cross-border transactions are conducted through the SWIFT system, but its international usage is low, often requiring a conversion to USD or other major currency channels for settlement.

FAQ

What is the relationship between Norwegian kroner to Guyanese Dollar exchange rate and remittance?

The actual amount received during remittance is directly affected by the NOK to GYD exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the NOK to GYD exchange rate can result in substantial changes in actual amounts.

Why are the Norwegian kroner to Guyanese Dollar exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see NOK to GYD on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of Norwegian kroner to Guyanese Dollar exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between NOK and GYD, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of Norwegian kroner to Guyanese Dollar based on historical exchange rates?

Look at the charts of NOK to GYD over the past few months. If the trend is upward, it means NOK is appreciating and exchanging to GYD is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.