Norwegian Krone (NOK)

Norwegian Krone(NOK)

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About Norwegian Krone (NOK)

The official currency of the Kingdom of Norway is Norwegian Krone. The Norwegian Krone was introduced to the country in 1875. The dependent regions of Norway such as the Svalbard, Bouvet Island, Queen Maud Land and Peter I Island also use the Norway currency - Nok. Not long ago, Nok had been one of the most traded currencies in the world.

The Norwegian currency is in the subdivision of 100 øre. The currency is produced by Norges Bank, the Bank of Norway. Since there are no coins with a lower value to the 1 Norwegian Krone piece, prices are rounded up to the neatest whole number.

Some facts that you ought to know about the Norwegian Krone:

  • The short name for Norway currency is NOK.
  • KR is the symbol of this currency.
  • Most frequently used coins are 1 KR, 5 KR, 10 KR, 20 KR.
  • The most frequently used banknotes are 50 KR, 100 KR, 200 KR, 500 KR, 1000 KR.
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Quick Facts About Norwegian Krone(NOK)

Currency Name
Norwegian Krone
Short Name
NOK
Symbol(s)
Kr
Unit
1/100, øre
Frequently used coins
1 kr, 5 kr, 10 kr, 20 kr
Frequently used bank notes
50 kr, 100 kr, 200 kr, 500 kr, 1000 kr
Central Bank, Name & Website
Norges Bank | www.norges-bank.no
Territories that use the currency as a part of their legal tender:
Svalbard, Bouvet Island, Queen Maud Land, and Peter I Island.
The Norwegian Krone Currency

The Norwegian currency is in the subdivision of 100 øre. The rights of issuance lie within the authority of the Norges Bank. The currency coins are currently under circulation are in the denominations of kroner 1, 5, 10 and 20. Likewise, for currency bank notes, the circulation is currently under the denominations of kroner 50, 100, 200, 500 and 1000. The Norwegian Krone is often referred to as Norwegian Crown in English.

territores that use the norwegian krone currency as a part of their legal tender:
Svalbard, Bouvet Island, Queen Maud Land and Peter I Island.

How to buy foreign currency online?
To find the latest INR to NOK / Norway Currency rate, log onto our Thomas Cook website.

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Frequently Asked Questions

Is Norwegian Krone different from Danish Krone?
Yes. These are two different currencies with the same unit as Krone. If you are looking to buy Norwegian Krone, then you may contact us and will assist you with the apt information.
What is Krone; what is Kroner?
Krone is a currency unit and its literal meaning is ‘crown’. Kroner is nothing but the plural form of Krone.
How much money can I carry in/out Norway?
You may carry up to Kr25,000, or foreign currency equivalent, in and out of Norway. However, in case the amount you are carrying exceeds the given limit, then you must declare the same. Our team can assist with more information on the currency regulations.
What will be the ideal currency to carry to Norway for making transactions?
We advise that you convert your currency to the Norwegian Krone to avoid any inconvenience during your trip.
Can I use USD or EUR in Norway?
No. USD and EUR are not accepted in Norway, and you will need the Norwegian Krone to make any transactions while you are there. You can however, use the ATMs to withdraw cash or even use cards to make payments.
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