The Norwegian Krone

A few weeks ago we recomended a very attractive destination for your holidays: Norway. Now we want to talk a little more about its currency, its history, the exchange and the legal banknotes that are in circulation and you will use if you visit this beautiful country.

Introduction of the Krone

The Norwegian krone (in the plural, kroner, whose ISO 4217 code is NOK) was introduced in the nineteenth century specifically in 1875, replacing the Norwegian speciedaler at a rate of 4 kroner = 1 speciedaler. In doing so, Norway joined the Scandinavian Monetary Union, which had been established in 1873. The Union persisted until 1914 but, after its dissolution, Denmark, Norway and Sweden all decided to keep the names of their respective and now separate currencies.

Norwegian banknotes and coins

In Norway you can find banknotes of 50, 100, 200, 500 and 1000 Kroner and coins of 20, 10, 5 and 1 Krone. What we recommend is that you look at the page of the National Bank of Norway where you can see the colors and images that they use in each banknotes and coins. Here we leave the link to that you make yourself familiar with them: Norges bank

The rate of Norwegian Krone

In our web page Eurochange  you can see the daily exchange rates for euro and Norwegian Krone. You will see that in our website there are both prices, the purchase price and sale price, the first you will have to apply it in case you have NOK and you want to get EUROS and the second in the event that you have EUROS to exchange to NOK.

For example, today September 02 2014, if you have 100 euros and you want to buy Norwegian kroner, you would get 833 NOK. If you had 300 euros we would give you 2500 NOK. You can use our converter to confirm what you would get with any amount.

We recommend you book your Krone a few days before your trip, via our web site, at the following link: Eurochange

And now only to wish you a happy trip!