Convert Norwegian Krone to Malaysian Ringgit
Instantly convert Norwegian Krone (kr) to Malaysian Ringgit (RM) with our free online calculator.
Reference Table
| Norwegian Krone (kr) | Malaysian Ringgit (RM) |
|---|---|
| 1 | 1 |
| 5 | 5 |
| 10 | 10 |
| 50 | 50 |
| 100 | 100 |
| 1000 | 1000 |
How to Convert Norwegian Krone to Malaysian Ringgit
Live Exchange Rate Conversion
Convert Norwegian Krone (kr) to Malaysian Ringgit (RM) using live exchange rates updated hourly. The rate reflects the current mid-market price — the most accurate reference for currency comparison.
Step-by-Step
- Open the KR to RM converter above.
- Enter the amount you want to convert in the KR (Norwegian Krone) input field.
- The converter fetches the latest exchange rate and instantly shows the equivalent value in RM (Malaysian Ringgit).
- Use the swap button to reverse the conversion direction if needed.
About Norwegian Krone (kr)
The Norwegian Krone (NOK, ISO 4217 code 578, symbol kr) is the official currency of Norway, Svalbard, Jan Mayen, and Bouvet Island, issued by Norges Bank (est. 1816). Subdivided into 100 øre (no longer in physical circulation since 2012). Banknotes: 50 kr, 100 kr, 200 kr, 500 kr, 1000 kr (a current series featuring marine themes — lighthouses, ships, fish, the Gulf Stream — by Norwegian artist Snøhetta + Metric Design); coins: 1 kr, 5 kr, 10 kr, 20 kr. NOK is a 'commodity currency' heavily correlated with North Sea Brent crude oil prices — Norway is Western Europe's largest oil + gas producer (~2 million bpd oil, ~120 bcm/yr natural gas). Norway also holds the world's largest sovereign wealth fund — the Government Pension Fund Global (GPFG, often called 'Oil Fund') manages ~$1.6 trillion AUM as of 2024, owning ~1.5% of every public company globally. Norges Bank targets 2% CPI inflation. Norway is in EEA but not EU and has its own currency.
About Malaysian Ringgit (RM)
The Malaysian Ringgit (MYR, ISO 4217 code 458, symbol RM; historically 'Malaysian Dollar' until 1975) is the official currency of Malaysia, issued by Bank Negara Malaysia (BNM, est. 1959). Subdivided into 100 sen. Banknotes: RM1, RM5, RM10, RM20, RM50, RM100 (current series features King Tuanku Abdul Rahman portrait, traditional kites/wau, and Malaysian flora/fauna); coins: 5 sen, 10 sen, 20 sen, 50 sen (1 sen withdrawn from common circulation 2008). MYR was pegged to USD at RM3.80 per USD from September 1998 to July 2005 following the Asian Financial Crisis (Malaysia famously rejected IMF assistance and imposed capital controls under Prime Minister Mahathir Mohamad). Since 2005 the ringgit floats against a basket. Malaysia is the world's 2nd-largest palm oil producer (after Indonesia), a major LNG exporter, and home to a significant Islamic-finance industry (the Kuala Lumpur stock exchange Bursa Malaysia and the Labuan IBFC offshore center). BNM targets price stability + sustainable economic growth.
Quick Facts
- Norwegian Krone (KR) is a currency unit
- Malaysian Ringgit (RM) is a currency unit
- Exchange rates are updated hourly from live market data
- Rates shown are mid-market (interbank) rates
- This conversion is commonly used in international travel, online shopping, and business transactions
- Use the swap button to convert RM back to KR
Understanding Norwegian Krone
The Norwegian Krone (symbol: kr) is a unit of currency. The Norwegian Krone (NOK, ISO 4217 code 578, symbol kr) is the official currency of Norway, Svalbard, Jan Mayen, and Bouvet Island, issued by Norges Bank (est. 1816). Subdivided into 100 øre (no longer in physical circulation since 2012). Banknotes: 50 kr, 100 kr, 200 kr, 500 kr, 1000 kr (a current series featuring marine themes — lighthouses, ships, fish, the Gulf Stream — by Norwegian artist Snøhetta + Metric Design); coins: 1 kr, 5 kr, 10 kr, 20 kr. NOK is a 'commodity currency' heavily correlated with North Sea Brent crude oil prices — Norway is Western Europe's largest oil + gas producer (~2 million bpd oil, ~120 bcm/yr natural gas). Norway also holds the world's largest sovereign wealth fund — the Government Pension Fund Global (GPFG, often called 'Oil Fund') manages ~$1.6 trillion AUM as of 2024, owning ~1.5% of every public company globally. Norges Bank targets 2% CPI inflation. Norway is in EEA but not EU and has its own currency.
Norwegian Krone are commonly used in international travel, online shopping, and business transactions.
Understanding Malaysian Ringgit
The Malaysian Ringgit (symbol: RM) is a unit of currency. The Malaysian Ringgit (MYR, ISO 4217 code 458, symbol RM; historically 'Malaysian Dollar' until 1975) is the official currency of Malaysia, issued by Bank Negara Malaysia (BNM, est. 1959). Subdivided into 100 sen. Banknotes: RM1, RM5, RM10, RM20, RM50, RM100 (current series features King Tuanku Abdul Rahman portrait, traditional kites/wau, and Malaysian flora/fauna); coins: 5 sen, 10 sen, 20 sen, 50 sen (1 sen withdrawn from common circulation 2008). MYR was pegged to USD at RM3.80 per USD from September 1998 to July 2005 following the Asian Financial Crisis (Malaysia famously rejected IMF assistance and imposed capital controls under Prime Minister Mahathir Mohamad). Since 2005 the ringgit floats against a basket. Malaysia is the world's 2nd-largest palm oil producer (after Indonesia), a major LNG exporter, and home to a significant Islamic-finance industry (the Kuala Lumpur stock exchange Bursa Malaysia and the Labuan IBFC offshore center). BNM targets price stability + sustainable economic growth.
Malaysian Ringgit are commonly used in international travel, online shopping, and business transactions.
Why Convert Norwegian Krone to Malaysian Ringgit?
When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Norwegian Krone and Malaysian Ringgit is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.
Frequently Asked Questions
How do I convert Norwegian Krone to Malaysian Ringgit?
Enter any KR amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent RM value. No manual calculation is needed.
How often is the KR/RM exchange rate updated?
MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.
What is the mid-market KR/RM exchange rate?
The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.
Can I convert RM back to KR?
Yes. Use the swap button on the converter to reverse the conversion direction and calculate RM to KR instantly at the current exchange rate.
Why do I need to convert Norwegian Krone to Malaysian Ringgit?
KR to RM conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.