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RAZE to NOK Converter and calculator

RAZE/NOK: 1 RAZE = 0.004728 NOK. The price of converting 1 Raze Network (RAZE) to Norwegian Krone (NOK) is 0.004728 NOK today.
RAZE
RAZE
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RAZE to NOK real-time exchange rates, making it easy to convert Raze Network (RAZE) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 RAZE is currently valued at 0.00 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RAZE is currently valued at 0.00 NOK, which means buying 5 RAZE would cost 0.02 NOK. Similarly, kr1 NOK can be converted to 211.49 RAZE, and kr50 NOK can be converted to 1,057.47 RAZE, excluding any platform or gas fees.

Convert RAZE to NOK

Convert NOK to RAZE

Raze Network
Norwegian Krone
10000 RAZE
47.28  NOK
In the table above, you'll find a comprehensive RAZE to NOK converter that shows the value of Raze Network in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 RAZE to NOK, all the way up to 10000 RAZE, providing a clear view of their respective values.
Norwegian Krone
Raze Network
500 NOK
105,747.02 RAZE
1000 NOK
211,494.04 RAZE
2000 NOK
422,988.08 RAZE
5000 NOK
1,057,470.19 RAZE
10000 NOK
2,114,940.38 RAZE
50000 NOK
10,574,701.9 RAZE
100000 NOK
21,149,403.8 RAZE
In the table above, you'll find a comprehensive NOK to RAZE converter that shows the value of Norwegian Krone in Raze Network across commonly used conversion amounts. The list covers conversions from 1 NOK to RAZE, all the way up to 100000 NOK, providing a clear view of their respective values.

RAZE to NOK chart

RAZE/NOK: 1 RAZE = 0.004728 NOK; 2025/04/27 09:45:08
In the past 1D, Raze Network has changed +1.74% to NOK. Based on the trend and price charts, Raze Network(RAZE) has changed +1.74% to NOK while Norwegian Krone(NOK) has changed % to RAZE in the last 24 hours.
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RAZE to NOK conversion data: Volatility and price changes of Raze Network in NOK

The highest Raze Network price in NOK over the past 7 days was 0.006081 NOK while the lowest Raze Network price in NOK over the past 7 days was 0.004198 NOK. The relative change between the highs and lows in Raze Network price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and RAZE to NOK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.004736 NOK
0.006081 NOK
0.006242 NOK
0.009206 NOK
Low
0.004629 NOK
0.004198 NOK
0.004136 NOK
0.003787 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
+1.74%
-15.14%
-15.03%
-38.58%

Raze Network information

RAZE to NOK market statistics

RAZE/NOK:
kr0.004728
RAZE 24h volume:
kr410,005.75
RAZE market cap:
kr561,202.14
RAZE circulating supply:
118.69M RAZE

Current RAZE to NOK exchange rate

Raze Network to Norwegian Krone is falling this week.
Raze Network's current market price is kr0.004728 per RAZE, with a total market cap of kr561,202.14 NOK based on a circulating supply of 118,690,910 RAZE. The trading volume of Raze Network has changed by +9.51% (kr35,592.13 NOK) in the last 24 hours. Last trading day, RAZE's trading volume was kr374,413.61.

More info about Raze Network on Bitget

Norwegian Krone 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.

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

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How to convert RAZE to NOK

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Buy RAZE (or USDT) for NOK (Norwegian Krone) offers
Bitget P2P trading does not currently support direct buying of RAZE with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy RAZE with USDT via Bitget spot market.
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RAZE to NOK Conversion tables

The exchange rate of Raze Network is decreasing.
The exchange rate of 1 RAZE to Norwegian Krone has changed by -15.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.74%, reaching a high of 0.004736 NOK and a low of 0.004629 NOK . One month ago, the value of 1 RAZE was kr0.005564 NOK , which represents a -15.03% change from its current value. Over the last year, Raze Network has changed by
-kr
0.01657NOK
, resulting in a change of -77.81% in its value.
24 hours ago1 month ago1 year ago
Amount09:45 am today24 hours ago24h change
0.5 RAZEkr0.002364kr0.002324
+1.74%
1 RAZEkr0.004728kr0.004648
+1.74%
5 RAZEkr0.02364kr0.02324
+1.74%
10 RAZEkr0.04728kr0.04648
+1.74%
50 RAZEkr0.2364kr0.2324
+1.74%
100 RAZEkr0.4728kr0.4648
+1.74%
500 RAZEkr2.36kr2.32
+1.74%
1000 RAZEkr4.73kr4.65
+1.74%

RAZE to NOK FAQ

How much is 1 Raze Network in NOK?
Right now, the price of 1 Raze Network (RAZE) in Norwegian Krone (NOK) is kr0.004728.
How much RAZE can I buy for 1 NOK?
Based on the current exchange rate, you can get 211.49 RAZE for 1 NOK.
How do I calculate or convert RAZE to NOK?
You can use our RAZE to NOK calculator at the top of this page to convert any amount of RAZE to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 1,057.47 RAZE, while 5 RAZE will cost around 0.02364NOK.
What is the highest price of RAZE/NOK in history?
The all-time high price of 1 RAZE in NOK is kr16.16. It remains to be seen if the value of 1 RAZE/NOK will exceed the current all-time high.
What is the price trend of Raze Network in NOK?
Over the past 7 days, the exchange rate of Raze Network (RAZE) has gone down by 15.14%.   Over the last month, the exchange rate of Raze Network (RAZE) has gone down by 15.03% against Norwegian Krone (NOK).

What factors influence the conversion rate of RAZE to NOK?

There are many factors that affect the relationship between Raze Network and Norwegian Krone, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of RAZE/NOK. When there is positive news in the market about the widespread adoption of RAZE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RAZE/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RAZE/NOK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of RAZE/NOK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Raze Network and adjust their investment strategies accordingly in the evolving market.

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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.