Money in Norway

Money in Norway

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What is the currency of Norway?

If you're wondering what's Norway's currency the answer is not Euros. Actually, Norway still hasn't joined the euro area, having its own national currency, called the Norwegian krone.

Everything you need to know about Norway money

Historically, many of the national European currencies are called 'krona' due to the king's crown, illustrated on the coin. Currently, there exists the circulation of banknotes of 50, 100, 200, 500, and 1000 Krones in the Norwegian currency (NOK currency) as well as coins of 20, 10, 5, and 1 krone.

The easiest and safest way to exchange the Norwegian krone to USD and vice versa is to go to one of the many official currency exchange offices or to a local bank. Also, to help you understand the ratio and convert NOK to USD, 10 Krones is approximately 1.25 US dollars.

The most active pair to trade the Norwegian currency is the US dollar and the Krone