Convert and Swap Ethereum ETH to Norwegian Krone NOK
ETH/NOK: 1 Ethereum equals NOK 37,030.06 NOK
Last update: 10:55 PM, December 22, 2024
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Ethereum is falling this week.
The current price of Ethereum is NOK 37,030.06 per ETH. With a circulating supply of 120,455,304.535 ETH, it means that Ethereum has a total market cap of NOK 4,456,644,531,822.91. The amount of Ethereum traded has fallen by NOK 59,069,858,023.37 in the last 24 hours, which is a 21.16% decrease. Additionally, in the last day, NOK 279,168,685,993.60 worth of ETH has been traded.
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About Ethereum
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
Ethereum (ETH) is a decentralized, open-source blockchain system that features its own cryptocurrency, Ether. It serves as a platform for numerous other cryptocurrencies and for the execution of decentralized smart contracts. Ethereum's primary goal is to become a global platform for decentralized applications, allowing users worldwide to write and run software that is resistant to censorship, downtime, and fraud. Ethereum's blockchain is designed to host other cryptocurrencies, called "tokens," through its ERC-20 compatibility standard. This has led to the launch of more than 280,000 ERC-20-compliant tokens to date.
Ethereum operates through a network of computers that work together as a supercomputer. The network, in its entirety, validates and records transactions that occur on its platform. Ethereum's core innovation, the Ethereum Virtual Machine (EVM), is a Turing complete software that runs on the Ethereum network. It enables anyone to run any program, regardless of the programming language, making the creation of blockchain applications much more accessible. At its core, Ethereum operates on a proof-of-work system, but there are plans to transition to a proof-of-stake algorithm to boost the platform's scalability and add a number of new features.
Ethereum's potential use cases extend beyond the simple transfer of value. Its smart contracts can automatically execute transactions when certain conditions are met. These smart contracts are being used to create decentralized applications, or "dapps," that enable users to interact directly with the blockchain. Some of the most common use cases for Ethereum include decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). Ethereum also hosts other cryptocurrencies and facilitates the execution of smart contracts, making it a key player in the blockchain space.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin, a programmer involved in Bitcoin Magazine. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014, and the blockchain was officially launched on July 30, 2015. Since its launch, Ethereum has undergone several planned protocol upgrades, which are important changes affecting the underlying functionality and/or incentive structures of the platform. The Ethereum Foundation, a team of developers and researchers, continues to coordinate upgrades and protocol changes.
How Ethereum and Norwegian Krone differ
Ethereum (ETH) and the Norwegian Krone (NOK) are two distinct forms of value exchange, each with its unique characteristics. Ethereum is a decentralized, open-source blockchain system that features its own cryptocurrency, Ether. It aims to become a global platform for decentralized applications, allowing users worldwide to write and run software that is resistant to censorship, downtime, and fraud. Ethereum's blockchain is designed to host other cryptocurrencies, called "tokens," through its ERC-20 compatibility standard. On the other hand, the Norwegian Krone is a traditional, centralized currency issued and regulated by Norway's central bank. Unlike Ethereum, which operates on a network of computers that work together as a supercomputer to validate and record transactions, the Norwegian Krone's value and circulation are controlled by monetary policies. Ethereum's potential use cases extend beyond the simple transfer of value. Its smart contracts can automatically execute transactions when certain conditions are met, facilitating the creation of decentralized applications, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs). In contrast, the Norwegian Krone is primarily used for conventional transactions such as buying goods and services within Norway.
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ETH to Norwegian Krone conversion tables
The exchange rate of Ethereum is decreasing.
The current value of 1 ETH is NOK 37,030.06 NOK. In other words, to buy 5 Ethereum, it would cost you NOK 185,150.29 NOK. Inversely, NOK 1.00 NOK would allow you to trade for 0.000027 ETH while NOK 50.00 NOK would convert to 0.001350 ETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.29%. Meanwhile, in the last 24 hours, the rate has changed by 2.33%, and that the the highest exchange rate of 1 ETH to Norwegian Krone was NOK 38,488.28 NOK and the lowest 24 hour value was 1 ETH for NOK 36,437.54 NOK. This time last month, the value of 1 ETH was NOK 36,906.45 NOK, which is a 1.57% increase from where it is now. Looking back a year, Ethereum has changed by NOK 23,745.17 NOK.
ETH to NOK performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
NOK 38,030.37 NOK | -2.33% | NOK 43,339.43 NOK | -16.29% | NOK 36,906.45 NOK | -1.57% | NOK 23,745.17 NOK | 43.44% |
ETH to NOK
Amount | Today at 10:55 pm |
---|---|
0.5 ETH | NOK 18,515.03 |
1 ETH | NOK 37,030.06 |
5 ETH | NOK 185,150.29 |
10 ETH | NOK 370,300.59 |
50 ETH | NOK 1,851,502.95 |
100 ETH | NOK 3,703,005.89 |
500 ETH | NOK 18,515,029.46 |
1,000 ETH | NOK 37,030,058.92 |
NOK to ETH
Amount | Today at 10:55 pm |
---|---|
0.5 NOK | 0.000014 ETH |
1 NOK | 0.000027 ETH |
5 NOK | 0.000135 ETH |
10 NOK | 0.000270 ETH |
50 NOK | 0.0014 ETH |
100 NOK | 0.0027 ETH |
500 NOK | 0.0135 ETH |
1,000 NOK | 0.0270 ETH |
Today vs. 24 hours ago
Amount | Today at 10:55 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 ETH | NOK 18,515.03 | NOK 19,028.23 | -2.70% |
1 ETH | NOK 37,030.06 | NOK 38,056.45 | -2.70% |
5 ETH | NOK 185,150.29 | NOK 190,282.27 | -2.70% |
10 ETH | NOK 370,300.59 | NOK 380,564.53 | -2.70% |
50 ETH | NOK 1,851,502.95 | NOK 1,902,822.66 | -2.70% |
100 ETH | NOK 3,703,005.89 | NOK 3,805,645.32 | -2.70% |
500 ETH | NOK 18,515,029.46 | NOK 19,028,226.61 | -2.70% |
1,000 ETH | NOK 37,030,058.92 | NOK 38,056,453.22 | -2.70% |
Today vs. 1 month ago
Amount | Today at 10:55 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 ETH | NOK 18,515.03 | NOK 18,873.74 | -1.90% |
1 ETH | NOK 37,030.06 | NOK 37,747.48 | -1.90% |
5 ETH | NOK 185,150.29 | NOK 188,737.38 | -1.90% |
10 ETH | NOK 370,300.59 | NOK 377,474.76 | -1.90% |
50 ETH | NOK 1,851,502.95 | NOK 1,887,373.79 | -1.90% |
100 ETH | NOK 3,703,005.89 | NOK 3,774,747.57 | -1.90% |
500 ETH | NOK 18,515,029.46 | NOK 18,873,737.87 | -1.90% |
1,000 ETH | NOK 37,030,058.92 | NOK 37,747,475.74 | -1.90% |
Today vs. 1 year ago
Amount | Today at 10:55 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 ETH | NOK 18,515.03 | NOK 13,177.51 | +40.50% |
1 ETH | NOK 37,030.06 | NOK 26,355.01 | +40.50% |
5 ETH | NOK 185,150.29 | NOK 131,775.07 | +40.50% |
10 ETH | NOK 370,300.59 | NOK 263,550.14 | +40.50% |
50 ETH | NOK 1,851,502.95 | NOK 1,317,750.72 | +40.50% |
100 ETH | NOK 3,703,005.89 | NOK 2,635,501.44 | +40.50% |
500 ETH | NOK 18,515,029.46 | NOK 13,177,507.21 | +40.50% |
1,000 ETH | NOK 37,030,058.92 | NOK 26,355,014.42 | +40.50% |
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