Norwegian krone

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Definition
  1. Noun:
    • The basic unit of money in Norway: The "Norwegian krone" is the official currency of the Kingdom of Norway. It is subdivided into 100 øre.
Usage
  • The word "Norwegian krone" is used to refer to the currency itself, its value, or physical banknotes and coins.
  • It is often abbreviated as in financial contexts.
  • When referring to specific amounts, the word "krone" is often used in its plural form, "kroner".
Examples
  • Noun:
    • The price of the book is 200 Norwegian kroner.
    • You will need to exchange your dollars for Norwegian krone before your trip.
    • The Norwegian krone has been stable against the euro this year.
Advanced Usage
  • "Krone" as a standalone term: In Norway and some financial contexts, the currency is often referred to simply as the "krone". The modifier "Norwegian" is used for international clarity.
    • The hotel costs 800 kroner per night.
  • Symbol: The krone is sometimes represented by the symbol "kr".
Variants and Related Words
  • Krone (n.): The singular form of the unit.
  • Kroner (n.): The plural form of the unit.
  • Øre (n.): The subunit of the krone, representing 1/100th of a krone. (Note: Physical øre coins are no longer in circulation, but the unit is still used for electronic transactions).
Synonyms
  • NOK: The official three-letter currency code (ISO 4217) for the Norwegian krone.
  • Norwegian crown: A direct English translation of "krone", though this term is less commonly used in everyday language.
Related Phrases
  • Exchange rate: The value of the Norwegian krone compared to another currency.
    • The exchange rate for the Norwegian krone to the US dollar is favorable today.
Noun
  1. the basic unit of money in Norway

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