When the question is asked about what kind of currency in Norway today, then just remember the location of the country.If Norway in Europe, and the currency should be the euro.But it is not.Norway gave up a single monetary currency of the Old World and continues to support the national currency under the name of the Norwegian krone.
What money to take to Norway?
banking system in this Scandinavian country is very well developed.Even in a small town you have to take amazing ease monetary card.Also, there are no appreciable problems with currency exchange.This can be done in any ATM, but the commission is charged by the rather impressive 5% of the total exchange or at least $ 5.If you listen to people who have been to Norway, they say that the first time it is better to take a certain amount of NOK, and the remaining amount has to trade there.
On the work of banks in Norway
Some banks in Norway work only in the morning, but this inconvenience you encounter if you decide to go into some not very rich tourist zone.In the tourist areas of the Norwegian currency can be purchased and exchange in the period from 8 am to 11 pm on weekdays.If you intend to buy Norwegian kroner in the day, it is best to do this up to five in the evening, because after that time, all the banks are closed.In order to find the most advantageous exchange rate, so even with a minimum commission, which is not less than 2% of the exchange, it is necessary to try very much.The most favorable conditions for the exchange of currency from ATMs, which are located at airports or seaports of the country.
currencies is there any advantages in Norway?
1 Norwegian krone is not the smallest unit of currency in the country, because there is also the era.100 era constitute one Norwegian krone.Today in circulation in Norway has several denominations of coins and banknotes.Among them - the coins of 10 and 50 era, as well as 1, 5, 10 and 20 NOK.As regards notes, the greatest value from the denominations of 1,000 kroons.In addition it also contains notes 50, 100 and 500 Norwegian kroner.Large popular with residents and tourists enjoy the cards.They are very easy to handle, if only because that in virtually every part of the country you will be able to serve through the card.
History of the Norwegian krone
If we talk about the first money exchange, which appeared in Norway, you should pay as much as the seventh century, when the first coins used in everyday life.But the national currency of Norway came much later, only after ten centuries.In 1626 the Mint was established in Oslo, and became the first minted money of the country.However, sixty years later, it was decided to move the Mint in Kongsberg for the reason that there was a Gold Mine.Mint stood in Kongsberg until until exhausted in 1957.The nineteenth century was marked by the transition to the gold exchange standard, where each issue the currency of Norway equated to gold reserves, which had in the treasury of the country.Norwegian krone itself with all its properties was issued in 1875.With regard to the Mint of Norway, in 2000 it was given the status of a limited liability company, and four years later the name of "Royal Norwegian Mint" was renamed "The Norwegian Mint".
currency in Norway.Exchange rate against other currencies
If you look at the exchange rate against the Norwegian krone, we can see that the money from the currency of the country of the Scandinavian Peninsula is quite stable and has no spikes.If the track dynamics of the Norwegian krone against the US dollar, we can see that in the period from 2005 to date, the currency of Norway is in the range of 14 to 20 cents.The smallest value of the accounts for 2009.Today, 10 Norwegian kroner can be purchased for $ 1.54 US.The dynamics of the Norwegian krone against the euro even more stable.Over the last 9 years, the lowest value at which you could buy 10 kroner, was 1 euro, and the highest - 1.4.Norwegian krone to the euro now stands at 0,121, that is for 1.21 euros you can buy 10 NOK.If against the euro and the dollar exchange rate of the Norwegian krone is growing, it falls against the Russian ruble Currency Norway has a stable rising trend.For example, in 2005 you could buy 1 NOK 4.5 rubles, and after 9 years has to pay 6.2 rubles per 1 crown.Thus, the Norwegian krone exchange rate against the ruble rose almost 38%.
Who is depicted on Norwegian banknotes?
In Norwegian currency banknotes portrayed the great people of this nation.So, with the banknote with face value of CZK 50, looking at us Peter Kristen Asbёrnsen - one of the greatest storytellers, not only in Norway, but the whole of the Old World.Banknotes 100 crowns surmounted by the image of the greatest opera singer Kirsten Flagstad by name.Norway - a northern country, and she could not thank the people who have studied the expanse of the north.That is why the bill, the nominal value of which is 200 kroner, flaunts researcher Kristian Olaf Bernhard Birkeland.The creator of the famous painting "The Scream", Edvard Munch, is looking at us with a bill of 1000 NOK.Nobel laureate writer Sigret Undset - the symbol of money in 500 Norwegian kroner.
