{"id":445,"date":"2023-09-15T12:29:54","date_gmt":"2023-09-15T12:29:54","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=445"},"modified":"2023-09-15T12:29:54","modified_gmt":"2023-09-15T12:29:54","slug":"nobel-prize-award-amount-increased-to-almost-1-million-for-2023","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=445","title":{"rendered":"Nobel Prize Award Amount Increased to Almost $1 Million for 2023"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"227\" height=\"222\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2023\/09\/download-4-1.jpg\" alt=\"\" class=\"wp-image-446\"\/><\/figure>\n<\/div>\n\n\n<p>(Reuters): The Nobel Foundation, which oversees the awards, announced on Friday that the recipients of this year&#8217;s prizes will get an additional million Swedish crowns, bringing their total monetary award to 11 million crowns ($986,000).<\/p>\n\n\n\n<p>The prize money has fluctuated in recent years, and this year&#8217;s award-givers claimed they were boosting it to reflect the foundation&#8217;s better financial situation.<\/p>\n\n\n\n<p>As the foundation attempted to stabilize its finances, the prize money was decreased from 10 million crowns to 8 million in 2012. In 2017, the prize sum was raised to $9 million, and in 2020 it will rise to $10 million, returning it to what it was in 2012.<\/p>\n\n\n\n<p>However, the Swedish crown has lost almost 30% of its value versus the euro over the past ten years, so the most recent boost in the prize&#8217;s worth won&#8217;t make victors outside of Sweden feel all that wealthy.<\/p>\n\n\n\n<p>Despite the Swedish currency being devalued to 8 million crowns in 2013, the prizes for achievements in science, literature, and peace, which were originally given out in 1901, were still worth about 1.2 million dollars.<\/p>\n\n\n\n<p>The first of this year&#8217;s awards, the Nobel Prize in Physiology or Medicine, will be announced on October 2. Physics, Chemistry, Literature, and Peace will be announced the next several days.<\/p>\n\n\n\n<p>$1 is equal to 11.1570 Swedish crowns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters): The Nobel Foundation, which oversees the awards, announced on Friday that the recipients of this year&#8217;s prizes will get an additional million Swedish crowns, bringing their total monetary award&hellip; <\/p>\n","protected":false},"author":1,"featured_media":446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=445"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/445\/revisions"}],"predecessor-version":[{"id":447,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/445\/revisions\/447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/446"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}