NOK, or the Norwegian Krone, is the official currency of Norway. It is abbreviated as NOK and is often represented by the symbol "kr." The currency is subdivided into 100 øre. The Central Bank of Norway manages the issuance and regulation of the NOK, ensuring its stability and value in the global market. The NOK is commonly used in Norway for everyday transactions, including shopping, dining, and services. It is also traded on international currency markets, where its value can fluctuate based on economic conditions, interest rates, and other factors. The NOK is an important part of Norway's economy and financial system.