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Velas to Norwegian Krone (VLX to NOK)

VLX to NOK Converter and calculator

VLX/NOK: 1 VLX = 0.008034 NOK. The price of converting 1 Velas (VLX) to Norwegian Krone (NOK) is 0.008034 NOK today.
VLX
VLX
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VLX to NOK real-time exchange rates, making it easy to convert Velas (VLX) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 VLX is currently valued at 0.008034 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VLX is currently valued at 0.008034 NOK, which means buying 5 VLX would cost 0.04017 NOK. Similarly, kr1 NOK can be converted to 124.47 VLX, and kr50 NOK can be converted to 622.37 VLX, excluding any platform or gas fees.

Convert VLX to NOK

Convert NOK to VLX

Velas
Norwegian Krone
1 VLX
0.008034  NOK
Exchange 1 VLX for 0.008034 NOK
2 VLX
0.01607  NOK
Exchange 2 VLX for 0.01607 NOK
5 VLX
0.04017  NOK
Exchange 5 VLX for 0.04017 NOK
10 VLX
0.08034  NOK
Exchange 10 VLX for 0.08034 NOK
20 VLX
0.1607  NOK
Exchange 20 VLX for 0.1607 NOK
50 VLX
0.4017  NOK
Exchange 50 VLX for 0.4017 NOK
100 VLX
0.8034  NOK
Exchange 100 VLX for 0.8034 NOK
200 VLX
1.61  NOK
Exchange 200 VLX for 1.61 NOK
500 VLX
4.02  NOK
Exchange 500 VLX for 4.02 NOK
1000 VLX
8.03  NOK
Exchange 1000 VLX for 8.03 NOK
5000 VLX
40.17  NOK
Exchange 5000 VLX for 40.17 NOK
10000 VLX
80.34  NOK
Exchange 10000 VLX for 80.34 NOK
In the table above, you'll find a comprehensive VLX to NOK converter that shows the value of Velas in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 VLX to NOK, all the way up to 10000 VLX, providing a clear view of their respective values.
Norwegian Krone
Velas
1 NOK
124.47 VLX
Exchange 1 NOK for 124.47 VLX
10 NOK
1,244.75 VLX
Exchange 10 NOK for 1,244.75 VLX
50 NOK
6,223.73 VLX
Exchange 50 NOK for 6,223.73 VLX
100 NOK
12,447.46 VLX
Exchange 100 NOK for 12,447.46 VLX
200 NOK
24,894.91 VLX
Exchange 200 NOK for 24,894.91 VLX
500 NOK
62,237.28 VLX
Exchange 500 NOK for 62,237.28 VLX
1000 NOK
124,474.57 VLX
Exchange 1000 NOK for 124,474.57 VLX
2000 NOK
248,949.13 VLX
Exchange 2000 NOK for 248,949.13 VLX
5000 NOK
622,372.84 VLX
Exchange 5000 NOK for 622,372.84 VLX
10000 NOK
1,244,745.67 VLX
Exchange 10000 NOK for 1,244,745.67 VLX
50000 NOK
6,223,728.36 VLX
Exchange 50000 NOK for 6,223,728.36 VLX
100000 NOK
12,447,456.72 VLX
Exchange 100000 NOK for 12,447,456.72 VLX
In the table above, you'll find a comprehensive NOK to VLX converter that shows the value of Norwegian Krone in Velas across commonly used conversion amounts. The list covers conversions from 1 NOK to VLX, all the way up to 100000 NOK, providing a clear view of their respective values.

VLX to NOK chart

VLX/NOK: 1 VLX = 0.008034 NOK; 2025/12/28 04:37:00
In the past 1D, Velas has changed -0.83% to NOK. Based on the trend and price charts, Velas(VLX) has changed -0.83% to NOK while Norwegian Krone(NOK) has changed % to VLX in the last 24 hours.
1D7D1M3M1YAll

VLX to NOK conversion data: Volatility and price changes of in NOK

The highest price in NOK over the past 7 days was 0.01130 NOK while the lowest price in NOK over the past 7 days was 0.008033 NOK. The relative change between the highs and lows in price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and VLX 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
0.009289 NOK
0.01130 NOK
0.01643 NOK
0.05061 NOK
Low
0.008033 NOK
0.008033 NOK
0.006988 NOK
0.007515 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
-0.83%
-28.79%
-15.14%
-38.18%

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

VLX to NOK market statistics

VLX/NOK:
kr0.008034
VLX 24h volume:
kr159.59
VLX market cap:
kr22,207,784.47
VLX circulating supply:
2.76B VLX

Current VLX to NOK exchange rate

Velas to Norwegian Krone is falling this week.
Velas's current market price is kr0.008034 per VLX, with a total market cap of kr22,207,784.47 NOK based on a circulating supply of 2,764,304,400 VLX. The trading volume of Velas has changed by +1.18% (kr1.86 NOK) in the last 24 hours. Last trading day, VLX's trading volume was kr157.72.

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

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How to convert VLX to NOK

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VLX to NOK Conversion tables

The exchange rate of Velas is decreasing.
The exchange rate of 1 VLX to Norwegian Krone has changed by -28.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.83%, reaching a high of 0.009289 NOK and a low of 0.008033 NOK . One month ago, the value of 1 VLX was kr0.009467 NOK , which represents a -15.14% change from its current value. Over the last year, Velas has changed by
-kr
0.09126NOK
, resulting in a change of -91.91% in its value.
24 hours ago1 month ago1 year ago
Amount 04:37 am today 24 hours ago 24h change
0.5 VLX
kr0.004017kr0.004051
-0.83%
1 VLX
kr0.008034kr0.008101
-0.83%
5 VLX
kr0.04017kr0.04051
-0.83%
10 VLX
kr0.08034kr0.08101
-0.83%
50 VLX
kr0.4017kr0.4051
-0.83%
100 VLX
kr0.8034kr0.8101
-0.83%
500 VLX
kr4.02kr4.05
-0.83%
1000 VLX
kr8.03kr8.1
-0.83%

VLX to NOK FAQ

How much is 1 Velas in NOK?
Right now, the price of 1 Velas (VLX) in Norwegian Krone (NOK) is kr0.008034.
How much VLX can I buy for 1 NOK?
Based on the current exchange rate, you can get 124.47 VLX for 1 NOK.
How do I calculate or convert VLX to NOK?
You can use our VLX to NOK calculator at the top of this page to convert any amount of VLX to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 622.37 VLX, while 5 VLX will cost around 0.04017NOK.
What is the highest price of VLX/NOK in history?
The all-time high price of 1 VLX in NOK is kr5.73. It remains to be seen if the value of 1 VLX/NOK will exceed the current all-time high.
What is the price trend of in NOK?
Over the past 7 days, the exchange rate of Velas (VLX) has gone down by 28.79%.   Over the last month, the exchange rate of Velas (VLX) has gone down by 15.14% against Norwegian Krone (NOK).

What factors influence the conversion rate of VLX to NOK?

There are many factors that affect the relationship between Velas 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 VLX/NOK. When there is positive news in the market about the widespread adoption of VLX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VLX/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VLX/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 VLX/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 Velas 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 Velas currency pairs: VLX to US Dollar (USD), VLX to Euro (EUR), VLX to Pound Sterling (GBP), VLX to Canadian Dollar (CAD), VLX to Indian Rupee (INR), VLX to Pakistani Rupee (PKR), VLX to Brazilian Real (BRL), VLX to…
The price of Velas in the US is $0.0008026 USD. Additionally, Velas’s price is €0.0006816 EUR in the eurozone, £0.0005945 GBP in the UK, C$0.001098 CAD in Canada, ₹0.07209 INR in India, ₨0.2249 PKR in Pakistan, R$0.004450 BRL in Brazil, and more.
The most popular Velas currency pair is the VLX to Norwegian Krone(NOK). The price of 1 Velas (VLX) in Norwegian Krone (NOK) is kr0.008034.

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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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