Norwegian krone - interesting things and pictures! Norwegian krone - the national currency of Norway Who is depicted on Norwegian banknotes

Is it true that the god Odin is depicted on Norwegian kroner? Did the first money appear during the Vikings? Was the issue of paper banknotes organized before the construction of St. Petersburg by Peter I? There are no myths, only facts in the article about the currency of Norway.

A little history

Norwegian money, and in particular the first coins, appeared in the tenth century under Olaf. The king himself was involved in production and minting, but the mint was officially founded only in the 17th century in Christiania, the current capital of Norway - Oslo. When the mint was moved, the first banknotes were issued. By the beginning of 1700, the production of banknotes of various denominations was established, and in 1735 paper means of payment were established at the Danish-Norwegian Kurntbank.

At the end of the 18th century, the Norwegian parliament decided to switch to the gold standard. This is how the Scandinavian Monetary Union appears in Norway. The modern unit became known as the crown, and the gold standard was abandoned as the mint collapsed. After the Second World War, by 1947, the old money was withdrawn, after which new coins were issued in a 1:1 ratio, and one and two crown notes were canceled completely. Thus, the type of money completely changed, as the denomination of currencies and coins took place.

Norway money today

At the beginning of the 21st century, money came into circulation in denominations of 1, 5, 10 and 20 crowns. They correspond to 10 and 50 eras, but the issue of such money has been suspended. Larger bills were used - 50, 100, 200, 500 and 1000 crowns. The creator of the new money was Sverre Morken, who created the seventh series of crowns.

The 50 Kr note features folklorist Peter Asbjornsen;
The 100 Kr banknote features an image of opera singer Kirsten Flagstad;
The 200 Kr note features the image of the scientist Christian Birkeland;
The 500 Kr banknote features the writer Sigrid Undset;
The 1000 Kr banknote features the artist Edvard Munch.

General data on the Norwegian currency is presented in Table 1.

Convertibility of the Norwegian krone

Guests of Norway can exchange their currency for Norwegian money at any bank branch. There are no taxes or exchange fees. Private branches can set their own percentage when buying and selling money.

Over the past four years, the value of the Norwegian krone has reached its lowest level compared to the dollar. The fjord countries and Scandinavia by the end of 2013 averaged 6.2 kroner to 1 dollar; to 1 euro - 8.3 crowns. Compared to the figures for 2009, the crown fell in price by almost 1.3 times.

Stock market experts have long studied the dynamics of the rise and fall in the value of Norwegian money. They still cannot give a reason why the crown has fallen in value. Compared to 2013 in 2014 Norwegian currency lost more than 5% in price. There has been a drop in oil prices, on which Norwegian money is dependent. With an increase in the flow of tourists, the crown could increase in value by 7% if created profitable terms for tourists to relax.

Norwegian krone exchange rate

Let's look at the dynamics of the NOK crown to the ruble RUB exchange rate over the last 30 days, quarter and year.

NOK exchange rate dynamics for last month presented in Figure 1.

Rice. 1
Rate for the last 30 days

The dynamics of the NOK exchange rate for the last quarter are shown in Figure 2.

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Exchange rate for the last quarter

The dynamics of the NOK exchange rate over the past year are presented in Figure 3.

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Course for the last year

Let's look at the NOK to US dollar exchange rate for the last month. The data is presented in Figure 4.

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Exchange rate to US dollar for the last month

The NOK exchange rate to world market currencies for the current day is shown in Figure 5.

Rice. 5
Exchange rate to world market currencies for the current day

Banknote value

Currently in use, the Norwegian currency is represented by the following banknotes:

Coins in denominations of 1, 5, 10, 20 crowns are also used.

Today they serve krona. Let me clarify – Norwegian, because there are many different crowns.

Krone (Norwegian) krone, norsk krone, plural h. kroner) is the national currency of Norway. Consists of 100 öre. Before the crown, introduced in 1875, monetary unit Norway had a specidaler - a silver coin.

International designation - NOK.

In cash circulation there are coins in denominations of 20 10, 5 and 1 crowns.

Banknotes in denominations of 50, 100, 200, 500 and 1000 Norwegian kroner.

So, what is shown on these pieces of paper?

50 NOK. The obverse contains an image of a portrait of the Norwegian writer and collector of folk tales, author of “Norwegian Fairy Tales and Folk Tales” Peter Christen Asbørnsen (1812 – 1885). The reverse features water lilies. The predominant color is green.

100 Norwegian kroner. The obverse contains a portrait of the soprano opera singer Kirsten Flagstad (1895 - 1962), who became famous for performing musical parts in Wagner's operas. Reverse - schematic image concert hall V Opera House in Oslo. The dominant color is burgundy.

200 NOK. The front side of the banknote depicts a portrait of the Norwegian scientist Christian Olaf Bernhard (1867 - 1917), 7 nominated for the Nobel Prize for his research in nature. northern lights. The reverse depicts the Norwegian Arctic. The predominant colors are blue and cyan.

500 NOK. The obverse contains a portrait of the Norwegian writer Sigrid Unsed (1882 - 1949), who received the Nobel Prize for her novels about the history of the Norwegian Middle Ages. On the reverse is a wreath of flowers from her trilogy “Christine, daughter of Lavrans”.

1000 Norwegian kroner. The obverse contains a portrait of the Norwegian painter and artist Edvard Munch (1863 – 1944), creator of the famous “The Scream” - the most expensive work in the history of art, which was auctioned in 2012 for $120 million. On the reverse side there is a fragment from Munch’s wall painting “The Sun”. The main color is purple.

The Norwegian krone has undergone significant visual changes. At the end of May 2017, the Central Bank of Norway put new banknotes into circulation. This time, the Central Bank decided to abandon traditional portraits in favor of a more modern design that matches the spirit of the country.

From this article you will learn why the new banknotes are unique, why the design was developed by two studios at once, and what task the Central Bank gave for the competition.

Final version of 1000 kronor: obverse The Metric System, reverse - Snøhetta Design

To make a new design, the Central Bank of Norway announced a competition in the spring of 2014, in which about 70 studios and designers participated. During the competition, the bank assigned a specific image theme related to the sea for each banknote. As a result, two projects by the studios The Metric System and Snøhetta Design won, whose ideas were combined in the final version. So far these are only 50 and 200 kroon banknotes; the rest are planned to be released later. The last one, with a face value of 1000, will be released in 2019.

A country's banknotes are often a visitor's first point of contact with the destination. And the impression they make can set the vector for a person’s future relationship with the country. In other words, money is business card, which can tell a lot about a nation.

The new Norwegian money plays this role perfectly. Below we will first look at the competition projects of the two winning studios, and then the result of their joint work with the central bank.

Project by The Metric System studio

The Metric System is a graphic design studio based in Oslo. They worked together with Norwegian illustrator Terje Tonnesen, who drew the images for the banknotes. Each banknote produced by the studio tells in its own way about the Norwegian way of life: its originality, cultural heritage and society itself. Their idea is to inspire Norwegians and remind them of the positive feelings and exciting memories associated with the coast.

On back side The banknotes depicted different parts of the coast to represent the entire country in a series of drawings. However, they ended up not using it in the final version.

Project by Snøhetta Design studio

For the front side of the banknotes, the architectural and design studio Snøhetta proposed a series of black and white photographs that depict various manifestations coastline countries.

For the reverse side, the designers proposed making cubic designs that make up the pattern. The design is partly based on the ideas and work of German physicist Peter Richter. In particular, there are similarities with the book "The Beauty of Fractals", which presents complex mathematical computer images. But this is not just a blurry drawing, but an image of a system that allows you to approximately determine the wind speed by its effect on objects (dust, tree branches) or waves on the open sea. Thus, the longer the lines in the drawings, the stronger the wind they symbolize.

Final result

As a result of the competition, the jury decided to combine both ideas: to use drawings from The Metric System studio for the front side, and avant-garde pixelated images on the back side, following the idea of Snøhetta Design studio.

Since images of ready-made banknotes in free access no, below we have combined the layouts that were ultimately taken as the basis for the final design. So that you can consider all the nuances, we have provided a link to each banknote on the website of the Central Bank of Norway.

50 crowns - the sea that unites us

Utvera lighthouse in Sogn and Fjordan, the westernmost point in Norway

In 1770 Utwer was a pilot station. The position of pilot has been passed down from father to son for generations in a long-standing coastal tradition. The lighthouse was built here in 1900. Not so long ago, the sea was the only way to travel around Norway: high mountains prevented the Norwegians from crossing the country by land. Therefore, the sea has always been an important part transport system country, and a network of lighthouses covers the entire Norwegian coast.

The background of the bill depicts a detail of an old sea map and the seagull is a symbol that unites sea, air and earth.

The reverse side depicts the same lighthouse, and the cubic design symbolizes calm.

100 crowns - the sea that takes us out into the world

Gokstad Viking ship from a 9th-century mound on the shores of the Norwegian Sandefjord

Norwegians are proud of their mighty ancestors - the Vikings. They were the first traders and explorers, reigning over the sea since the 13th century (at the same time sails appeared on longships). They also contributed to the fact that Norway has become one of the leading maritime countries in the world. From the mid-1700s until the revolution of 17, there was a lively trade between Northern Norway and northern Russia, which, by the way, contributed to the emergence of the famous pidgin. The Gokstad ship depicted on banknotes was discovered in a mound in 1880, and is now on display in the Drakkar Museum. The background of the banknote shows a schematic representation of the routes for the export of oil and gas from Norway to Europe.

The slightly elongated lines on the back of the bill symbolize a light breeze. The globe and constellation Orion are also visible.

200 crowns - the sea that feeds us

Cod, and in the background - herring and fishing net

For centuries, fishing has been a key source of food, income and an important part of Norwegian culture. Rich fish waters brought the first settlers to the shores of the future northern country about 11 thousand years ago. In the XVIII and 19th centuries When salt became cheaper and new markets emerged, herring and salted cod became the predominant products for export.

A fishing boat can be seen on the back of the bill. The fresh wind is depicted more long lines than on the 100 kronor note. A fishing net is also visible.

500 crowns - the sea that gives us prosperity

Rescue ship RS 14 "Stavanger"

This ship was designed by Norway's most famous shipbuilder, Colin Archer. The ship was launched in 1901 and for 37 years it served the Norwegian sea rescue society Redningselskap. The sea is the source of life for the Norwegians, but at the same time it is very dangerous for those who set out to collect its gifts. Timely help saved many lives. Today, more than 40 rescue ships are ready 24 hours a day and all year round to help ships along the entire coastline.

On the back of the note, an oil platform can be seen, as well as Norway's network of gas pipelines and a fossil - as a symbol of another important part of the country's economy over the past 50 years - oil.

1000 crowns - the sea that carries us forward

Wave image

It is a symbol of the opposing force that sharpens the character of the Norwegians, and at the same time the driving force - which moves forward towards the future.

“For a millennium, the sea has been the basis of our wealth, our contact with the rest of the world and our faith in the future,” states the Norwegian Central Bank website. “The sea provides us with challenges, positive experiences and a horizon to which we can direct our gaze - towards something endless and unknown."

The reverse side shows the open sea, and the long stripes represent a strong storm. A noticeable pattern symbolizes the water molecule and the crystalline structure of ice.

About security

In the final design, the bank departed from the original design of the winning studios also because it wanted to increase the level of security of the new currency. Banknotes are high-tech objects that contain many complex security features and codes - both visible and hidden from view. At the international level, banknotes have a universal language - the so-called “banknote design language”. In such conditions, the requirements for the visual component severely limited creative ideas. And yet here they turned out to be a kind of engine of creativity, forcing designers to come up with something unique within the framework of many given parameters.

The Norwegian krone has retained its historical colors - this was done so as not to cause confusion. They were printed on cotton paper and covered with a stain-resistant coating. Intaglio printing was used during production, and the relief on the sides of the bills helps blind and visually impaired people distinguish denominations.

Film The making of Norway’s new banknotes

If you are interested in learning more about the history of the creation of new banknotes, we invite you to watch this 26-minute video “The making of Norway’s new banknotes”.

Final options on the official website of Norges Bank: pavilion from the Snøhetta studio for observing wild deer.

When the question is asked about what currency is in Norway today, the location of this country immediately comes to mind. If Norway is in Europe, then the currency should be the euro. But that's not true. Norway abandoned the single monetary currency of the Old World and continues to maintain its national currency called the Norwegian krone.

What money should I take to Norway?

The banking system in this Scandinavian country is very well developed. Even in the smallest town they will accept your currency card with amazing ease. There are also no significant problems with currency exchange. This can be done at any ATM, but the commission charged is a fairly impressive 5% of the total exchange amount, or a minimum of $5. If you listen to people who have already been to Norway, they say that for the first time it is better to take a certain amount of Norwegian kroner with you, and exchange the rest of the amount there.

About the work of banks in Norway

Some banks in Norway are open only in the first half of the day, but you will encounter this inconvenience if you decide to go to some area that is not very saturated with tourists. IN tourist areas Norwegian currency can be purchased and exchanged between 8am and 11pm on weekdays. If you intend to purchase Norwegian kroner on a weekend, it is better to do this before five in the evening, since after this time all banks are closed. In order to find the most profitable rate for yourself, and even with a minimum commission, which is never lower than 2% of the exchange amount, you need to try very hard. The most favorable conditions for currency exchange are at ATMs located at airports or sea ports countries.

what dignity is there in Norway?

1 Norwegian krone is not the smallest currency in the country, because there is also an øre. 100 øre equal one Norwegian krone. Today, there are several denominations of coins and banknotes in circulation in Norway. Among them are coins in denominations of 10 and 50 øre, as well as 1, 5, 10 and 20 Norwegian kroner. As for banknotes, the 1000 crown banknote has the highest value. In addition to it, there are also banknotes of 50, 100 and 500 Norwegian kroner. Plastic cards are very popular among both residents and tourists. They are very easy to use, if only because you can be served using a card in almost every point of the country.

History of the Norwegian krone

If we talk about the first monetary currency that appeared in Norway, then we should go back to the seventh century, when the first coins were used in everyday life. But the national currency of Norway appeared much later, only ten centuries later. In 1626, the Oslo Mint was established and the first coins began to be minted. cash countries. However, sixty years later it was decided to move the mint to Kongsberg due to the fact that there was a gold mine there. remained in Kongsberg until it dried up in 1957. The nineteenth century was marked by the transition to a gold exchange standard, when each Norwegian currency issued was equal to the gold reserves that the country had in its treasury. The Norwegian krone itself, with all its inherent properties, was introduced into circulation in 1875. As for the Norwegian Mint, in 2000 it was given the status of a limited liability company, and four years later the name “Royal Norwegian Mint” was renamed to “Norwegian Mint”.

Currency in Norway. Rate against other currencies

If you look at the exchange rate against the Norwegian krone, you will notice that monetary currency countries with are fairly stable and do not have sudden jumps. If you track the dynamics of the Norwegian krone exchange rate against the US dollar, you will notice that in the period from 2005 to the present day, the Norwegian currency was in the range from 14 to 20 cents. The lowest value occurs in 2009. Today, 10 Norwegian kroner can be purchased for 1.54 US dollars. The dynamics of the Norwegian krone/euro exchange rate are even more stable. For 9 recent years smallest value, at which it was possible to purchase 10 crowns, was and the largest was 1.4. The Norwegian krone to the euro today is 0.121, that is, for 1.21 euros you can buy 10 Norwegian kroner. If the exchange rate of the Norwegian krone rises and falls relative to the euro and dollar, the Norwegian currency has a stable upward trend relative to the Russian ruble. So, for example, in 2005 you could buy 1 Norwegian krone for 4.5 rubles, and after 9 years you have to pay 6.2 rubles for 1 krone. Thus, the exchange rate of the Norwegian krone against the ruble increased by almost 38%.

Who is featured on Norwegian banknotes?

Norwegian banknotes feature images of the nation's great men. So, from a banknote with a denomination of 50 crowns, Peter Kristen Asbjornsen, one of the greatest storytellers not only in Norway, but throughout the entire Old World, looks at us. The 100 kroner banknote is topped with the image of the greatest opera singer named Kirsten Flagstad. Norway is a northern country, and it could not help but thank the people who explored the vastness of the north. That is why the researcher Christian Olaf Bernhard Birkeland appears on the 200-kroner banknote. The creator of the famous painting "The Scream", Edvard Munch, looks at us from the 1000 Norwegian kroner banknote. Nobel laureate writer Sigret Undset is the symbol of the 500 Norwegian kroner banknote.

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