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Norway
Norwegian Krone (NOK)
Curiosities about the currency
The Norwegian krone has been the currency of Norway since 1875. Its symbol is kr. The country's first currency was the penny (around the year 1000). After the dissolution of the Scandinavian Monetary Union in 1914, the krone was retained in Denmark, Norway, Sweden, and their territories.
The banknotes of Norway that are in circulation are of 50, 100, 200, 500, and 1000 crowns. All of them are made of paper, each in a different colour. The latest series of banknotes was issued between 2017 and 2019, and includes buildings and natural elements characteristic of the country.
The current currencies of Norway are 1, 5, 10, and 20 NOK. The two smallest have a hole in the centre and are made of cupronickel. The two largest are made of nickel bronze. Until 2012, there was also the 50 øre coin. An øre is the one-hundredth part of a crown.
Since the smallest currency is a Norwegian crown, no product in the country costs less than this amount. If the price cannot be paid with the available denominations, it is automatically rounded.
The scarcity of metals in Norway led to certain currencies being replaced by a banknote. This happened with the 1 and 2 crown coins in 1940 and 1950, as well as with the 5 and 10 in 1984. Years later, all of them returned to legal tender.
What do the banknotes/coins look like?
Front part
*The banknotes and coins correspond to the newest issued series and are for reference. Colours may vary and there may be more designs than those shown.
