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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.56%
New listings on Bitget:Pi Network
Altcoin season index:20(Bitcoin season)
BTC/USDT$85603.01 (+4.19%)
Fear and Greed Index32(Fear)
Total spot Bitcoin ETF netflow +$209.1M (1D); -$464.9M (7D).Coins listed in Pre-MarketPAWS,WCT
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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.56%
New listings on Bitget:Pi Network
Altcoin season index:20(Bitcoin season)
BTC/USDT$85603.01 (+4.19%)
Fear and Greed Index32(Fear)
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base info Grove Coin

Grove Coin to Norwegian Krone Converter and calculator

Listed
Convert 1Grove Coin (GRV) to Norwegian Krone (NOK) equals kr 0.05857 | Bitget
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NOK
Last updated as of 2025/03/19 20:13:18 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Grove Coin(GRV) to Norwegian Krone(NOK). This is the real-time data. The current conversion shows 1 GRV at a value of 1 GRV for 0.06 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.

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

GRV to NOK conversion rate trend

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In the past 1D, Grove Coin has changed -3.58% to NOK. Based on the trend and price charts, Grove Coin(GRV) has changed -3.58% to NOK while Norwegian Krone(NOK) has changed +3.72% to GRV in the last 24 hours.

GRV to NOK market statistics

GRV/NOK:
kr 0.05857
GRV 24h volume:
kr 323,144.53
GRV market cap:
kr 5,568,968.37
GRV circulating supply:
95.08M GRV

Current GRV to NOK exchange rate

Grove Coin to Norwegian Krone is rising this week.
Grove Coin's current market price is kr 0.05857 per GRV, with a total market cap of kr 5,568,968.37 NOK based on a circulating supply of 95,083,336 GRV. The trading volume of Grove Coin has changed by +8.15% (kr 24,342.78 NOK) in the last 24 hours. Last trading day, GRV's trading volume was kr 298,801.75.
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GRV to NOK Conversion tables

The exchange rate of Grove Coin is decreasing.
1 GRV is currently valued at kr 0.05857 NOK , which means buying 5 GRV will cost kr 0.2928 NOK . Similarly, kr1 NOK can be traded for 17.07 GRV, and kr50 NOK can be converted to 853.69 GRV, excluding any platform or gas fees.
The exchange rate of 1 GRV to Norwegian Krone has changed by +4.14% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.58%, reaching a high of 0.06048 NOK and a low of 0.05688 NOK . One month ago, the value of 1 GRV was kr 0.07733 NOK , which represents a -24.31% change from its current value. Over the last year, Grove Coin has changed by
-kr
0.7242NOK
, resulting in a change of -92.54% in its value.

GRV to NOK

Amount
20:13 today
0.5 GRV
kr0.02928
1 GRV
kr0.05857
5 GRV
kr0.2928
10 GRV
kr0.5857
50 GRV
kr2.93
100 GRV
kr5.86
500 GRV
kr29.28
1000 GRV
kr58.57

NOK to GRV

Amount20:13 today
0.5NOK8.54  GRV
1NOK17.07  GRV
5NOK85.37  GRV
10NOK170.74  GRV
50NOK853.69  GRV
100NOK1,707.38  GRV
500NOK8,536.89  GRV
1000NOK17,073.78  GRV
Buy GRV now

GRV to NOK Today vs. 24 hours ago

Amount20:13 today24 hours ago24h change
0.5 GRVkr0.02928kr0.03037
-3.58%
1 GRVkr0.05857kr0.06074
-3.58%
5 GRVkr0.2928kr0.3037
-3.58%
10 GRVkr0.5857kr0.6074
-3.58%
50 GRVkr2.93kr3.04
-3.58%
100 GRVkr5.86kr6.07
-3.58%
500 GRVkr29.28kr30.37
-3.58%
1000 GRVkr58.57kr60.74
-3.58%

GRV to NOK Today vs. 1 month ago

Amount20:13 today1 month ago1M change
0.5 GRVkr0.02928kr0.03866
-24.31%
1 GRVkr0.05857kr0.07733
-24.31%
5 GRVkr0.2928kr0.3866
-24.31%
10 GRVkr0.5857kr0.7733
-24.31%
50 GRVkr2.93kr3.87
-24.31%
100 GRVkr5.86kr7.73
-24.31%
500 GRVkr29.28kr38.66
-24.31%
1000 GRVkr58.57kr77.33
-24.31%

GRV to NOK Today vs. 1 year ago

Amount20:13 today1 year ago1Y change
0.5 GRVkr0.02928kr0.3914
-92.54%
1 GRVkr0.05857kr0.7828
-92.54%
5 GRVkr0.2928kr3.91
-92.54%
10 GRVkr0.5857kr7.83
-92.54%
50 GRVkr2.93kr39.14
-92.54%
100 GRVkr5.86kr78.28
-92.54%
500 GRVkr29.28kr391.4
-92.54%
1000 GRVkr58.57kr782.79
-92.54%

How to convert GRV to NOK

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Convert GRV to NOK
Use a variety of payment options to buy Grove Coin on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of GRV with NOK. However, you can buy USDT in Bitget P2P trading first, and then buy GRV with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
M
MrVexchange
0 tradesCompletion rate 0.00%
4392 MMK
Amount10000 USDT
Limit15000000 - 17000000 MMK
Bank TransferCash Deposit to BankCB Pay
Buy
M
Mister_TNau
5 tradesCompletion rate 100.00%
4350 MMK
Amount20000 USDT
Limit1000000 - 17000000 MMK
AYA PayBank TransferCash Deposit to BankWavePayCB Pay
Buy
a
apple_4
132 tradesCompletion rate 98.00%
4350 MMK
Amount51.9 USDT
Limit3400 - 435000 MMK
AYA PayKBZPay
Buy
A
Apex Frank
1 tradesCompletion rate 100.00%
4350 MMK
Amount500 USDT
Limit50000 - 1000000 MMK
Bank TransferWavePay
Buy
a
apple_4
132 tradesCompletion rate 98.00%
4300 MMK
Amount88.89 USDT
Limit3400 - 430000 MMK
AYA PayKBZPay
Buy

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

Bitget P2P trading currently does not support direct selling of GRV to NOK. However, you can first exchange GRV 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
M
MrVexchange
0 tradesCompletion rate 0.00%
4392 MMK
Amount10000 USDT
Limit15000000 - 17000000 MMK
Bank TransferCash Deposit to BankCB Pay
Sell
M
Mister_TNau
5 tradesCompletion rate 100.00%
4350 MMK
Amount20000 USDT
Limit1000000 - 17000000 MMK
AYA PayBank TransferCash Deposit to BankWavePayCB Pay
Sell
a
apple_4
132 tradesCompletion rate 98.00%
4350 MMK
Amount51.9 USDT
Limit3400 - 435000 MMK
AYA PayKBZPay
Sell
A
Apex Frank
1 tradesCompletion rate 100.00%
4350 MMK
Amount500 USDT
Limit50000 - 1000000 MMK
Bank TransferWavePay
Sell
a
apple_4
132 tradesCompletion rate 98.00%
4300 MMK
Amount88.89 USDT
Limit3400 - 430000 MMK
AYA PayKBZPay
Sell
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What factors influence the conversion rate of GRV to NOK?

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

Grove Coin price prediction

What will the price of GRV be in 2026?

Based on GRV's historical price performance prediction model, the price of GRV is projected to reach $0.006826 in 2026.

What will the price of GRV be in 2031?

In 2031, the GRV price is expected to change by +38.00%. By the end of 2031, the GRV price is projected to reach $0.009327, with a cumulative ROI of +68.71%.
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