The knot is widely used in air and sea navigation, even though it is a non-metric unit. It is listed by the BIPM among the units "currently" accepted for use with SI (table (http://www1.bipm.org/en/si/si_brochure/chapter4/table8.html)).
Because a knot is already a measure of speed, the expression "knots per hour" is a solecism. Taken literally (nautical mile/hour²), it would be a measure of acceleration.
Origin
In some sailing ships, speed was measured by casting the log from the stern. The log was relatively immobile, and attached by line to a reel. Knots placed at a distance of 47 feet 3 inches (14.4018 m) passed through a sailor's fingers, while another used a 28 second sandglass to time the operation. The knot count would be reported and used in the sailing master's dead reckoning and navigation. This method gives a value for the knot of 20.25 in/s, or 1851.66 m/hr. The difference from the accepted value today is a bit less than 0.02%.
Terms
KTAS is "knots true airspeed", a measure of an aircraft's true airspeed through the air
KIAS is "knots indicated airspeed", meaning the airspeed shown on the airspeed indicator