1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 1.2955 NOK (Norwegian Kroner). It is the official currency of Norway, officially the Kingdom of Norway. The name "Kroner" means crown. 1 NOK is sub-divided into100 Ores. The issue of the currency was controlled by the central bank, Norges Bank. The currency is introduced in 1875. The currency NOK (Norwegian Kroner) is pegged to none.