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SHM to NOK Converter and calculator

SHM/NOK: 1 SHM = 0.002249 NOK. The price of converting 1 Shardeum (SHM) to Norwegian Krone (NOK) is 0.002249 NOK today.
SHM
SHM
NOK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHM to NOK real-time exchange rates, making it easy to convert Shardeum (SHM) to Norwegian Krone (NOK). The conversion result is based on real-time data. The conversion result shows that 1 SHM is currently valued at 0.002249 NOK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHM is currently valued at 0.002249 NOK, which means buying 5 SHM would cost 0.01124 NOK. Similarly, kr1 NOK can be converted to 444.69 SHM, and kr50 NOK can be converted to 2,223.45 SHM, excluding any platform or gas fees.

Convert SHM to NOK

Convert NOK to SHM

Shardeum
Norwegian Krone
1 SHM
0.002249  NOK
Exchange 1 SHM for 0.002249 NOK
2 SHM
0.004498  NOK
Exchange 2 SHM for 0.004498 NOK
5 SHM
0.01124  NOK
Exchange 5 SHM for 0.01124 NOK
10 SHM
0.02249  NOK
Exchange 10 SHM for 0.02249 NOK
20 SHM
0.04498  NOK
Exchange 20 SHM for 0.04498 NOK
50 SHM
0.1124  NOK
Exchange 50 SHM for 0.1124 NOK
100 SHM
0.2249  NOK
Exchange 100 SHM for 0.2249 NOK
200 SHM
0.4498  NOK
Exchange 200 SHM for 0.4498 NOK
500 SHM
1.12  NOK
Exchange 500 SHM for 1.12 NOK
1000 SHM
2.25  NOK
Exchange 1000 SHM for 2.25 NOK
5000 SHM
11.24  NOK
Exchange 5000 SHM for 11.24 NOK
10000 SHM
22.49  NOK
Exchange 10000 SHM for 22.49 NOK
In the table above, you'll find a comprehensive SHM to NOK converter that shows the value of Shardeum in Norwegian Krone across commonly used conversion amounts. The list covers conversions from 1 SHM to NOK, all the way up to 10000 SHM, providing a clear view of their respective values.
Norwegian Krone
Shardeum
1 NOK
444.69 SHM
Exchange 1 NOK for 444.69 SHM
10 NOK
4,446.91 SHM
Exchange 10 NOK for 4,446.91 SHM
50 NOK
22,234.55 SHM
Exchange 50 NOK for 22,234.55 SHM
100 NOK
44,469.09 SHM
Exchange 100 NOK for 44,469.09 SHM
200 NOK
88,938.18 SHM
Exchange 200 NOK for 88,938.18 SHM
500 NOK
222,345.46 SHM
Exchange 500 NOK for 222,345.46 SHM
1000 NOK
444,690.91 SHM
Exchange 1000 NOK for 444,690.91 SHM
2000 NOK
889,381.82 SHM
Exchange 2000 NOK for 889,381.82 SHM
5000 NOK
2,223,454.56 SHM
Exchange 5000 NOK for 2,223,454.56 SHM
10000 NOK
4,446,909.12 SHM
Exchange 10000 NOK for 4,446,909.12 SHM
50000 NOK
22,234,545.6 SHM
Exchange 50000 NOK for 22,234,545.6 SHM
100000 NOK
44,469,091.2 SHM
Exchange 100000 NOK for 44,469,091.2 SHM
In the table above, you'll find a comprehensive NOK to SHM converter that shows the value of Norwegian Krone in Shardeum across commonly used conversion amounts. The list covers conversions from 1 NOK to SHM, all the way up to 100000 NOK, providing a clear view of their respective values.

SHM to NOK chart

SHM/NOK: 1 SHM = 0.002249 NOK; 2025/11/21 09:59:50
In the past 1D, Shardeum has changed -5.84% to NOK. Based on the trend and price charts, Shardeum(SHM) has changed -5.84% to NOK while Norwegian Krone(NOK) has changed % to SHM in the last 24 hours.
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SHM to NOK conversion data: Volatility and price changes of Shardeum in NOK

The highest Shardeum price in NOK over the past 7 days was 0.002925 NOK while the lowest Shardeum price in NOK over the past 7 days was 0.002300 NOK. The relative change between the highs and lows in Shardeum price in NOK over the last 7 days indicates a volatility of %. You can view additional volatility data and SHM 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
0.002457 NOK
0.002925 NOK
0.8004 NOK
0.8004 NOK
Low
0.002300 NOK
0.002300 NOK
0.002300 NOK
0.002300 NOK
Average
0 NOK
0 NOK
0 NOK
0 NOK
Volatility
%
%
%
%
Change
-5.84%
-14.86%
-99.55%
-99.66%

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Shardeum information

SHM to NOK market statistics

SHM/NOK:
kr0.002249
SHM 24h volume:
kr5,475,377.19
SHM market cap:
kr14,411,446.06
SHM circulating supply:
6.41B SHM

Current SHM to NOK exchange rate

Shardeum to Norwegian Krone is falling this week.
Shardeum's current market price is kr0.002249 per SHM, with a total market cap of kr14,411,446.06 NOK based on a circulating supply of 6,408,639,500 SHM. The trading volume of Shardeum has changed by +14.86% (kr708,372.18 NOK) in the last 24 hours. Last trading day, SHM's trading volume was kr4,767,005.02.

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

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SHM to NOK Conversion tables

The exchange rate of Shardeum is decreasing.
The exchange rate of 1 SHM to Norwegian Krone has changed by -14.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.84%, reaching a high of 0.002457 NOK and a low of 0.002300 NOK . One month ago, the value of 1 SHM was kr0.5108 NOK , which represents a -99.55% change from its current value. Over the last year, Shardeum has changed by
+kr
0.002302NOK
, resulting in a change of -99.89% in its value.
24 hours ago1 month ago1 year ago
Amount 09:59 am today 24 hours ago 24h change
0.5 SHM
kr0.001124kr0.001196
-5.84%
1 SHM
kr0.002249kr0.002392
-5.84%
5 SHM
kr0.01124kr0.01196
-5.84%
10 SHM
kr0.02249kr0.02392
-5.84%
50 SHM
kr0.1124kr0.1196
-5.84%
100 SHM
kr0.2249kr0.2392
-5.84%
500 SHM
kr1.12kr1.2
-5.84%
1000 SHM
kr2.25kr2.39
-5.84%

SHM to NOK FAQ

How much is 1 Shardeum in NOK?
Right now, the price of 1 Shardeum (SHM) in Norwegian Krone (NOK) is kr0.002249.
How much SHM can I buy for 1 NOK?
Based on the current exchange rate, you can get 444.69 SHM for 1 NOK.
How do I calculate or convert SHM to NOK?
You can use our SHM to NOK calculator at the top of this page to convert any amount of SHM to NOK. We've also included quick-reference tables for the most popular conversions. For example, 5 NOK is equivalent to 2,223.45 SHM, while 5 SHM will cost around 0.01124NOK.
What is the highest price of SHM/NOK in history?
The all-time high price of 1 SHM in NOK is kr3.79. It remains to be seen if the value of 1 SHM/NOK will exceed the current all-time high.
What is the price trend of Shardeum in NOK?
Over the past 7 days, the exchange rate of Shardeum (SHM) has gone down by 14.86%.   Over the last month, the exchange rate of Shardeum (SHM) has gone down by 99.55% against Norwegian Krone (NOK).

What factors influence the conversion rate of SHM to NOK?

There are many factors that affect the relationship between Shardeum 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 SHM/NOK. When there is positive news in the market about the widespread adoption of SHM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHM/NOK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHM/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 SHM/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 Shardeum 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 Shardeum currency pairs: SHM to US Dollar (USD), SHM to Euro (EUR), SHM to Pound Sterling (GBP), SHM to Canadian Dollar (CAD), SHM to Indian Rupee (INR), SHM to Pakistani Rupee (PKR), SHM to Brazilian Real (BRL), SHM to…
The price of Shardeum in the US is $0.0002200 USD. Additionally, Shardeum’s price is €0.0001906 EUR in the eurozone, £0.0001681 GBP in the UK, C$0.0003101 CAD in Canada, ₹0.01951 INR in India, ₨0.06203 PKR in Pakistan, R$0.001174 BRL in Brazil, and more.
The most popular Shardeum currency pair is the SHM to Norwegian Krone(NOK). The price of 1 Shardeum (SHM) in Norwegian Krone (NOK) is kr0.002249.

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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.