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Fordefi to Norwegian Krone (FODI to NOK)

FODI to NOK Converter and calculator

FODI/NOK: 1 FODI = 0.5568 NOK. The price of converting 1 Fordefi (FODI) to Norwegian Krone (NOK) is 0.5568 NOK today.
FODI
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FODI to NOK real-time exchange rates, making it easy to convert Fordefi (FODI) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 FODI is currently valued at 0.5568 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FODI is currently valued at 0.5568 NOK, which means buying 5 FODI would cost 2.78 NOK. Similarly, kr1 NOK can be converted to 1.8 FODI, and kr50 NOK can be converted to 8.98 FODI, excluding any platform or gas fees.

Convert FODI to NOK

Convert NOK to FODI

Fordefi
Norwegian Krone
1 FODI
0.5568  NOK
Exchange 1 FODI for 0.5568 NOK
2 FODI
1.11  NOK
Exchange 2 FODI for 1.11 NOK
5 FODI
2.78  NOK
Exchange 5 FODI for 2.78 NOK
10 FODI
5.57  NOK
Exchange 10 FODI for 5.57 NOK
20 FODI
11.14  NOK
Exchange 20 FODI for 11.14 NOK
50 FODI
27.84  NOK
Exchange 50 FODI for 27.84 NOK
100 FODI
55.68  NOK
Exchange 100 FODI for 55.68 NOK
200 FODI
111.35  NOK
Exchange 200 FODI for 111.35 NOK
500 FODI
278.39  NOK
Exchange 500 FODI for 278.39 NOK
1000 FODI
556.77  NOK
Exchange 1000 FODI for 556.77 NOK
5000 FODI
2,783.87  NOK
Exchange 5000 FODI for 2,783.87 NOK
10000 FODI
5,567.73  NOK
Exchange 10000 FODI for 5,567.73 NOK
In the table above, you'll find a comprehensive FODI to NOK converter that shows the value of Fordefi in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 FODI to NOK, all the way up to 10000 FODI, providing a clear view of their respective values.
Norwegian Krone
Fordefi
1 NOK
1.8 FODI
Exchange 1 NOK for 1.8 FODI
10 NOK
17.96 FODI
Exchange 10 NOK for 17.96 FODI
50 NOK
89.8 FODI
Exchange 50 NOK for 89.8 FODI
100 NOK
179.61 FODI
Exchange 100 NOK for 179.61 FODI
200 NOK
359.21 FODI
Exchange 200 NOK for 359.21 FODI
500 NOK
898.03 FODI
Exchange 500 NOK for 898.03 FODI
1000 NOK
1,796.06 FODI
Exchange 1000 NOK for 1,796.06 FODI
2000 NOK
3,592.13 FODI
Exchange 2000 NOK for 3,592.13 FODI
5000 NOK
8,980.31 FODI
Exchange 5000 NOK for 8,980.31 FODI
10000 NOK
17,960.63 FODI
Exchange 10000 NOK for 17,960.63 FODI
50000 NOK
89,803.14 FODI
Exchange 50000 NOK for 89,803.14 FODI
100000 NOK
179,606.29 FODI
Exchange 100000 NOK for 179,606.29 FODI
In the table above, you'll find a comprehensive NOK to FODI converter that shows the value of Norwegian Krone in Fordefi across commonly used conversion amounts. The list covers conversions from 1 NOK to FODI, all the way up to 100000 NOK, providing a clear view of their respective values.

FODI to NOK chart

FODI/NOK: 1 FODI = 0.5568 NOK; 2026/01/14 21:58:43
In the past 1D, Fordefi has changed +0.08% to NOK. Based on the trend and price charts, Fordefi(FODI) has changed +0.08% to NOK while Norwegian Krone(NOK) has changed % to FODI in the last 24 hours.
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FODI to NOK conversion data: Volatility and price changes of Fordefi in NOK

The highest Fordefi price in NOK over the past 7 days was -- NOK while the lowest Fordefi price in NOK over the past 7 days was -- NOK. The relative change between the highs and lows in Fordefi price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and FODI to NOK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.5642 NOK
-- NOK
-- NOK
-- NOK
Low
0.4922 NOK
-- NOK
-- NOK
-- NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
+0.08%
--
--
--

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Bitget P2P trading does not currently support direct buying of FODI with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy FODI with USDT via Bitget spot market.
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Fordefi information

FODI to NOK market statistics

FODI/NOK:
kr0.5568
FODI 24h volume:
kr11,299,133.52
FODI market cap:
kr377,492,346.76
FODI circulating supply:
678.00M FODI

Current FODI to NOK exchange rate

Fordefi to Norwegian Krone is falling this week.
Fordefi's current market price is kr0.5568 per FODI, with a total market cap of kr377,492,346.76 NOK based on a circulating supply of 678,000,000 FODI. The trading volume of Fordefi has changed by --% (kr-- NOK) in the last 24 hours. Last trading day, FODI's trading volume was kr--.

More info about Fordefi 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 Fordefi currency pair is the FODI to NOK, with for Fordefi's currency code being FODI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NOK.

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How to convert FODI to NOK

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FODI to NOK Conversion tables

The exchange rate of Fordefi is decreasing.
The exchange rate of 1 FODI to Norwegian Krone has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.08%, reaching a high of 0.5642 NOK and a low of 0.4922 NOK . One month ago, the value of 1 FODI was kr-- NOK , which represents a --% change from its current value. Over the last year, Fordefi has changed by
-kr
--NOK
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 21:58 today 24 hours ago 24h change
0.5 FODI
kr0.2784kr--
+0.08%
1 FODI
kr0.5568kr--
+0.08%
5 FODI
kr2.78kr--
+0.08%
10 FODI
kr5.57kr--
+0.08%
50 FODI
kr27.84kr--
+0.08%
100 FODI
kr55.68kr--
+0.08%
500 FODI
kr278.39kr--
+0.08%
1000 FODI
kr556.77kr--
+0.08%

FODI to NOK FAQ

How much is 1 Fordefi in NOK?
Right now, the price of 1 Fordefi (FODI) in Norwegian Krone (NOK) is kr0.5568.
How much FODI can I buy for 1 NOK?
Based on the current exchange rate, you can get 1.8 FODI for 1 NOK.
How do I calculate or convert FODI to NOK?
You can use our FODI to NOK calculator at the top of this page to convert any amount of FODI to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 8.98 FODI, while 5 FODI will cost around 2.78NOK.
What is the highest price of FODI/NOK in history?
The all-time high price of 1 FODI in NOK is --. It remains to be seen if the value of 1 FODI/NOK will exceed the current all-time high.
What is the price trend of Fordefi in NOK?
Over the past 7 days, the exchange rate of Fordefi (FODI) has gone down by --.   Over the last month, the exchange rate of Fordefi (FODI) has gone down by -- against Norwegian Krone (NOK).

What factors influence the conversion rate of FODI to NOK?

There are many factors that affect the relationship between Fordefi 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 FODI/NOK. When there is positive news in the market about the widespread adoption of FODI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FODI/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FODI/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 FODI/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 Fordefi and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Fordefi currency pairs: FODI to US Dollar (USD), FODI to Euro (EUR), FODI to Pound Sterling (GBP), FODI to Canadian Dollar (CAD), FODI to Indian Rupee (INR), FODI to Pakistani Rupee (PKR), FODI to Brazilian Real (BRL), FODI to…
The price of Fordefi in the US is $0.05533 USD. Additionally, Fordefi’s price is €0.04753 EUR in the eurozone, £0.04118 GBP in the UK, C$0.07679 CAD in Canada, ₹4.99 INR in India, ₨15.49 PKR in Pakistan, R$0.2987 BRL in Brazil, and more.
The most popular Fordefi currency pair is the FODI to Norwegian Krone(NOK). The price of 1 Fordefi (FODI) in Norwegian Krone (NOK) is kr0.5568.

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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.
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