![]() ![]() ![]() Norway also prefers to keep its currency tied to its own economic (that can be controlled by oil supply) instead of having to rely on the well-being of the entire EU to keep a healthy economy. It would make no sense for Norway to start having euro as a currency. The simple reason why Norway does not use Euro is because Norway is not a member of the European Union. Some people are surprised that we do not use Euro here in Norway, which is a bit strange to be honest. Why Norway doesn’t use Euros, and won’t accept it as payment If you own any of these, visit a bank and ask to trade it to a new bank note. the old banking notes used until 2019 are no longer in circulation, so these cannot be used to pay anymore. ġ,000 NOK bank note: Has a picture of a wave on it, and is a light purple color. The note is light blue.ĥ00 NOK bank note: Has a picture of the RS 14 Stavanger ship, an early Norwegian Rescue Ship. Aasheim/Norges Bank / CC BY-ND 2.0.ĥ0 NOK bank note: This bank note has a picture of Ulvær Lighthouse on it, and is a light green color.ġ00 NOK bank note: The light red bank note has a picture of the famous Gokstad viking ship on it.Ģ00 NOK bank note: The 200 NOK bank note has a picture of the cod on it, meant to symbolize how the sea is an important factor for food. The photo below show the different banking notes. Mot people are pretty happy with the new and modern design on the bank notes, even though cash is rarely used in Norway these days. The denominations are still the same, and you can find Norwegian bank notes in denominations of 50 NOK, 100 NOK, 200 NOK, 500 NOK or 1,000 NOK. The different NOK bank notesĪll the Norwegian bank notes were issued between 20, so these are all brand new to us. Back is the portrait of King Harald the 5th.Ģ0 NOK coin: The front has a picture of a viking ship, and the back is the same as the 10 NOK a portrait of King Harald the 5th. The front side is inspired from the Acanthus plant.ġ0 NOK coin: The front has a picture of the roof of a stave church. Olavs Orden, a medal given to soldiers for certain military actions. Photo by OSJ99 / CC BY-SA 4.0.ġ NOK coin: The motive is from Hylestad Portals, a portal entryway to the old Hylestad Stave Church.ĥ NOK coin: The design is from the crest of St. However, there are 4 different coins that you can come across on your visit to Norway, and you can see the front and back of the coins on the photo below. Norwegian krone coins are not commonly used, and their value in an expensive country like Norway is pretty low. However, if you pay digitally by a banking card, only 99.80 NOK is charged from your account. ![]() So if your total adds up to 99.80 NOK, it will be rounded up to 100 NOK when you pay with cash. ![]() Any time you pay with cash, the sum will be rounded up to the nearest NOK. There are no longer any coins for it, so it only exists digitally. 1 øre is 1/100 of a NOK, so it’s virtually without value nowadays. Øre is a bit of a weird thing these days. This smaller unit of the krone is called an øre (can be translated to ear). You can split a Norwegian krone into a smaller unit, similar to how you can split a dollar or euro into cents. There are a total of 4 different coins (1 NOK, 5 NOK, 10 NOK and 20 NOK) and 5 different bank notes (50 NOK, 100 NOK, 200 NOK, 500 NOK and 1,000 NOK) that are all used. Norwegian kroner have denominations from one single krone to a bank note worth 1,000 Norwegian kroner. The different denominations of Norwegian krone Norges bank is the official bank of Norway, which again is responsible for the Norwegian krone, so their prices should be the most correct ones. To get a real-time update of the exact value, check out Norges Bank’s website for NOK to USD value or NOK to EUR value. The exact value of NOK compared to USD or EUR will obviously change all the time, so make sure to check out the current trade value if you read this post in late 2022 or even further into the future. Just divide the NOK sum by 10 to get a very close approximation to what the value is in either Euro or USD. So at least it’s very easy to do calculations in your head if you’re visiting Norway from either the US or any European country, and want to find out how much it cost in your local currency. $1 USD is worth around 9.6 NOK, while €1 is worth 10.2 NOK. As of May 2022, the value of the Norwegian krone is very low compared to Euro or United States Dollars. The Norwegian krone is independent from all other currencies, so it’s valued compared to USD or Euro will change all the time.
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