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Author: Admin | 2025-04-28
= 0.088 EUR (Norwegian Krone to Euro).Despite being far from an expensive currency, Norwegian Krone has earned its third place on our list of the most stable ones.This is due to the fact that Norway is one of the very few countries in the world that doesn’t have net debt, i.e. it doesn’t need to borrow money to pay off its debt.Another interesting fact about Norwegian krone is that it’s not pegged to any other currency. This hardly adds to the stability of the currency in a broad sense, but it shows the country’s course towards supporting its national currency and thus, strengthening it.One more curious point about Norway is that it has significant oil reserves. However, this is a rather double-edged sword, since the same factor might cause unexpected currency fluctuations. #4 – Swedish KronaCurrency code – SEK.Swedish krona rates:1 SEK = 0.093 USD (Swedish Krona to US Dollar).1 SEK = 0.088 EUR (Swedish Krona to Euro).One of the reasons why Swedish krona is maintaining its relative stability is the country’s policy that is aimed at the fundamental preservation of the currency exchange rate.Curiously enough, even being a part of the European Union, Sweden has not abandoned its national currency in favour of the euro.#5 – European EuroCurrency code – EUR.European Euro rate:1 EUR = 1.06 USD (European Euro to US Dollar).Holding the second place as the reserve world currency (with the US dollar taking the first place), Euro is one of the world’s safest currencies.Even though the Euro is also prone to fluctuations, the amounts of gold reserves in the EU zone and the currency’s impact on various industries and markets makes it stable.#6 – Singapore DollarCurrency code – SGD.Singapore Dollar rates:1 SGD = 0.74 USD (Singapore Dollar to US Dollar).1 SGD = 0.69 EUR (Singapore Dollar to
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