In Norway, the money is called the Norwegian Krone. The krone is the official currency of Norway, abbreviated as NOK. The krone is divided into 100 øre and is commonly represented by the symbol “kr.”
FAQs about the Norwegian Krone
1. What is the symbol for the Norwegian Krone?
The symbol for the Norwegian Krone is “kr.”
2. What is the currency code for the Norwegian Krone?
The currency code for the Norwegian Krone is NOK.
3. What is the exchange rate for the Norwegian Krone?
The exchange rate of the Norwegian Krone fluctuates daily and can be checked on financial news websites or at currency exchange offices.
4. Can I use Euros in Norway?
While some businesses in Norway may accept Euros, it is always best to use the local currency, the Norwegian Krone, for transactions.
5. Where can I exchange my money for Norwegian Kroner?
You can exchange your money for Norwegian Kroner at banks, currency exchange offices, and at some hotels and airports.
6. Is it customary to tip in Norway?
Tipping is not as common in Norway as it is in some other countries, but it is appreciated for exceptional service. Typically, a tip of 10% is considered generous.
7. Are credit cards widely accepted in Norway?
Credit cards are widely accepted in Norway, especially in larger cities and tourist areas. However, it is always a good idea to carry some cash for smaller transactions.
8. Are there ATMs in Norway?
ATMs are readily available in Norway, and most accept international debit and credit cards for cash withdrawals.
9. What denominations are available for Norwegian banknotes?
Norwegian banknotes come in denominations of 50, 100, 200, 500, and 1000 kroner.
10. What denominations are available for Norwegian coins?
Norwegian coins come in denominations of 1, 5, 10, and 20 kroner, as well as 1, 2, 5, 10, and 20 øre.
11. Can I use my foreign currency in Norway?
While some businesses may accept foreign currency, it is always best to use the local currency, the Norwegian Krone, to avoid any confusion or potential exchange rate discrepancies.
12. Can I use traveller’s cheques in Norway?
Traveller’s cheques are becoming less commonly accepted in Norway, so it is recommended to use cash or credit cards for transactions during your visit.