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base info Drawshop Kingdom Reverse

Drawshop Kingdom Reverse to Norwegian Krone Converter and calculator

Convert 1Drawshop Kingdom Reverse (JOY) to Norwegian Krone (NOK) equals kr 0.009554 | Bitget
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Last updated 2025/01/28 05:25:28 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Drawshop Kingdom Reverse(JOY) to Norwegian Krone(NOK). This is the real-time data. The current conversion shows 1 JOY at a value of 1 JOY for 0.01 NOK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NOK information

About the Norwegian Krone (NOK)

What Is the Norwegian Krone (NOK)?

The Norwegian Krone (NOK), symbolized as "kr" and often abbreviated as NKr, is the official currency of Norway, including its overseas territories and dependencies of Svalbard, Bouvet Island, Queen Maud Land, and Peter I Island. The term "Krone" translates to "crown" in English. It is subdivided into 100 øre, although the øre ceased to exist in physical form in 2012 and now exists only electronically.

The Norwegian Krone (NOK) is issued by Norges Bank, which is the central bank of Norway. Norges Bank is responsible for the production and distribution of the country's currency and also plays a key role in determining and implementing monetary policy in Norway. This includes managing the country's foreign exchange reserves and ensuring financial stability. The bank's decisions and policies directly influence the value and stability of the Norwegian Krone.

What Is the History of NOK?

The Krone was introduced in 1875, replacing the Norwegian speciedaler at a rate of 4 Krone = 1 speciedaler, as Norway joined the Scandinavian Monetary Union. This union, which also included Denmark and Sweden, was based on a gold standard, with 2,480 Krone equaling 1 kilogram of pure gold. The union dissolved in 1914, but the Krone remained Norway's currency. During World War II, the Krone was pegged to the Reichsmark, and post-war, it was pegged to the British pound and later the U.S. dollar. In 1992, Norway shifted to a floating exchange rate due to heavy speculation against the Krone.

Notes and Coins of NOK

Norwegians use both coins and banknotes for transactions. Coins come in denominations of 1, 5, 10, and 20 kroner, while banknotes are available in 50, 100, 200, 500, and 1,000 kroner. The banknotes feature images of prominent Norwegians and are known for their unique and modern designs, celebrating Norway’s maritime history and culture.

Exchange Rate and Economic Influence

The value of the Krone is significantly influenced by changes in oil prices and interest rates, reflecting Norway's status as a major oil exporter. The Krone’s exchange rate against other currencies, like the USD and Euro, varies considerably, often correlating with global oil market trends. For instance, during the oil crisis of 2015, the Krone fell 20% against the dollar.

Norway is moving towards becoming a cashless society, with a high level of digitalization in financial transactions. Payment apps like Vipps are popular, and the use of cash is declining, although it is still accepted, especially among older generations and in smaller retail shops.

Why Doesn’t Norway Use the Euro?

Norway does not use the euro primarily because it is not a member of the European Union (EU). As a member of the European Economic Area (EEA), Norway enjoys access to the EU's single market without the obligations of EU membership, including adopting the euro. This arrangement allows Norway to maintain economic and monetary sovereignty, enabling it to tailor its monetary policy to its unique economic conditions, especially important given its significant oil and gas revenues. Additionally, there is considerable public and political support in Norway for maintaining the Norwegian Krone (NOK), as evidenced by the results of referendums in 1972 and 1994, where Norwegian voters opted against joining the EU. The stability and strength of Norway's economy and its currency further reinforce the decision to retain the Krone instead of adopting the euro.

Is NOK a Stable Currency?

The Norwegian Krone is generally considered a stable currency, largely due to Norway's robust economy, which is underpinned by significant revenues from its oil and gas industries. As a petroleum-based currency, the NOK's value can be influenced by fluctuations in oil prices, but Norway's prudent fiscal management, including the establishment of the Government Pension Fund Global (often referred to as the Oil Fund), helps mitigate these effects. This fund invests surplus revenues from the petroleum sector in international financial markets, providing a buffer against economic shocks. Additionally, Norway's low debt levels, strong sovereign credit ratings, and effective monetary policies by Norges Bank (the country's central bank) contribute to the Krone’s overall stability.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Drawshop Kingdom Reverse currency pair is the JOY to NOK, with for Drawshop Kingdom Reverse's currency code being JOY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NOK.

JOY to NOK conversion rate trend

1D7D1M3M1YAll
Live Drawshop Kingdom Reverse (JOY) price chart
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In the past 1D, Drawshop Kingdom Reverse has changed +0.83% to NOK. Based on the trend and price charts, Drawshop Kingdom Reverse(JOY) has changed +0.83% to NOK while Norwegian Krone(NOK) has changed -0.82% to JOY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr0.009528
0.0200% / 0.0320%vip-iconVIP 7
Huobi
kr0.01583
0.1000% / 0.1000%
Yes
Gate.io
kr0.009387
0.1000% / 0.1000%
Yes
Last updated 2025/01/28 00:00:19(UTC+0)

How to buy Drawshop Kingdom Reverse

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy Drawshop Kingdom Reverse (JOY)
Use a variety of payment options to buy Drawshop Kingdom Reverse on Bitget. We'll show you how.

Buy JOY (or USDT) for NOK (Norwegian Krone) offers

Bitget P2P trading does not currently support direct buying of JOY with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy JOY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
g
gorillaexchange
3 tradesCompletion rate 60.00%
1.184 USD
Amount2400 USDT
Limit100 - 2350 USD
WebMoney
Buy
R
RUSSBANK777
38 tradesCompletion rate 88.00%
1.05 USD
Amount2497.74 USDT
Limit10 - 500 USD
PayeerBank TransferTinkoff
Buy
W
WORLD PRO
1 tradesCompletion rate 9.00%
1.05 USD
Amount10000 USDT
Limit100 - 10010 USD
Bank TransferTinkoff
Buy
B
Brothers Group
0 tradesCompletion rate 0.00%
1.05 USD
Amount100000 USDT
Limit1000 - 5000 USD
Cashapp
Buy
2
24H_TRADE_CRYPTO
0 tradesCompletion rate 0.00%
1.042 USD
Amount100000 USDT
Limit400 - 4000 USD
Cashapp
Buy

Sell JOY (or USDT) for NOK (Norwegian Krone) offers

Bitget P2P trading currently does not support direct selling of JOY to NOK. However, you can first exchange JOY for USDT in the Bitget spot market, and then sell USDT to NOK in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
g
gorillaexchange
3 tradesCompletion rate 60.00%
1.184 USD
Amount2400 USDT
Limit100 - 2350 USD
WebMoney
Sell
R
RUSSBANK777
38 tradesCompletion rate 88.00%
1.05 USD
Amount2497.74 USDT
Limit10 - 500 USD
PayeerBank TransferTinkoff
Sell
W
WORLD PRO
1 tradesCompletion rate 9.00%
1.05 USD
Amount10000 USDT
Limit100 - 10010 USD
Bank TransferTinkoff
Sell
B
Brothers Group
0 tradesCompletion rate 0.00%
1.05 USD
Amount100000 USDT
Limit1000 - 5000 USD
Cashapp
Sell
2
24H_TRADE_CRYPTO
0 tradesCompletion rate 0.00%
1.042 USD
Amount100000 USDT
Limit400 - 4000 USD
Cashapp
Sell

What factors influence the conversion rate of Drawshop Kingdom Reverse to Norwegian Krone?

Drawshop Kingdom Reverse to Norwegian Krone is falling this week.
Drawshop Kingdom Reverse's current market price is kr 0.009554 per JOY, with a total market cap of kr 2,161,481.15 NOK based on a circulating supply of 226,233,220 JOY. The trading volume of Drawshop Kingdom Reverse has changed by -99.40% (kr -729,944.10 NOK) in the last 24 hours. Last trading day, JOY's trading volume was kr 734,359.07.
Market cap
$191.11K
24h volume
$390.35956963
Circulating supply
226.23M JOY
Bitget Pre-Market
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Conversion tables

The exchange rate of Drawshop Kingdom Reverse is decreasing.
1 JOY is currently valued at kr 0.009554 NOK , which means buying 5 JOY will cost kr 0.04777 NOK . Similarly, kr1 NOK can be traded for 104.67 JOY, and kr50 NOK can be converted to 5,233.29 JOY, excluding any platform or gas fees.
The exchange rate of 1 JOY to Norwegian Krone has changed by -13.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.83%, reaching a high of 0.009605 NOK and a low of 0.009440 NOK . One month ago, the value of 1 JOY was kr 0.01465 NOK , which represents a -34.80% change from its current value. Over the last year, Drawshop Kingdom Reverse has changed by
-kr
0.1232NOK
, resulting in a change of -92.81% in its value.

JOY to NOK

Amount
05:25 am today
0.5 JOY
kr0.004777
1 JOY
kr0.009554
5 JOY
kr0.04777
10 JOY
kr0.09554
50 JOY
kr0.4777
100 JOY
kr0.9554
500 JOY
kr4.78
1000 JOY
kr9.55

NOK to JOY

Amount05:25 am today
0.5NOK52.33  JOY
1NOK104.67  JOY
5NOK523.33  JOY
10NOK1,046.66  JOY
50NOK5,233.29  JOY
100NOK10,466.58  JOY
500NOK52,332.92  JOY
1000NOK104,665.83  JOY

Today vs. 24 hours ago

Amount05:25 am today24 hours ago24h change
0.5 JOY$0.0004224$0.0004189
+0.83%
1 JOY$0.0008448$0.0008378
+0.83%
5 JOY$0.004224$0.004189
+0.83%
10 JOY$0.008448$0.008378
+0.83%
50 JOY$0.04224$0.04189
+0.83%
100 JOY$0.08448$0.08378
+0.83%
500 JOY$0.4224$0.4189
+0.83%
1000 JOY$0.8448$0.8378
+0.83%

Today vs. 1 month ago

Amount05:25 am today1 month ago1M change
0.5 JOY$0.0004224$0.0006478
-34.80%
1 JOY$0.0008448$0.001296
-34.80%
5 JOY$0.004224$0.006478
-34.80%
10 JOY$0.008448$0.01296
-34.80%
50 JOY$0.04224$0.06478
-34.80%
100 JOY$0.08448$0.1296
-34.80%
500 JOY$0.4224$0.6478
-34.80%
1000 JOY$0.8448$1.3
-34.80%

Today vs. 1 year ago

Amount05:25 am today1 year ago1Y change
0.5 JOY$0.0004224$0.005871
-92.81%
1 JOY$0.0008448$0.01174
-92.81%
5 JOY$0.004224$0.05871
-92.81%
10 JOY$0.008448$0.1174
-92.81%
50 JOY$0.04224$0.5871
-92.81%
100 JOY$0.08448$1.17
-92.81%
500 JOY$0.4224$5.87
-92.81%
1000 JOY$0.8448$11.74
-92.81%
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Drawshop Kingdom Reverse price prediction

What will the price of JOY be in 2026?

Based on JOY's historical price performance prediction model, the price of JOY is projected to reach $0.0008092 in 2026.

What will the price of JOY be in 2031?

In 2031, the JOY price is expected to change by +22.00%. By the end of 2031, the JOY price is projected to reach $0.001432, with a cumulative ROI of +69.92%.
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ซื้อ Drawshop Kingdom Reverse ในราคา 1 NOK

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ซื้อ Drawshop Kingdom Reverse เลย
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.