Norwegian Currency Question...

They are in the right place, Norge is the name of Norway in Norwegian.

There is no direct relationship between the currencies, but they share common history and language history. Both units are named "crown" (as is a Swedish Krona). And the UK and many related areas have coins with the denomination of Crown.

I'll break out the Norway envelope tonight and give the coins an acetone spa treatment before their photo shoot. They are a mess.

That's right. Øre (Ore to some) is the subunit of the Norwegian Krone, just like the cent is to the Dollar.



Althought not directly - there is still a connection apart from the name. When the Icelandic Króna was launched in the 1920's, it was shaped according to the Danish Krone that had just some years prior been in a currency union with Sweden, which controlled Norway when the currency union was formed in 1873. In 1905, Norway became independent (the Union was dissolved between Norway and Sweden, as much of a union that was) but the currency standard remained unchanged until 1920, when Norway, like most other European countries dropped its silver standard due to the increased silver price following WWI. The denominations were the same for the Icelandic, Danish and Norwegian Krone, and the sizes and compositions were about the same.

Since it's humble beginnings, the Iceland Króna has since gone about its own path with massive inflation and new launch in 1981. So there's virtually no relation anymore, it's a new currency worth far less than its other Krone counterparts (1 ISK ~~ 0.06 NOK).

Norwegian coins are fun, but beware, they get expensive 1923 and back, atleast relative to the Swedish and Danish Krone. So if you're going to buy some, be prepared with money.

Thank you X2an.

Amazing how so many countries in Europe, with all it's history, are somehow intertwined with each other in some way.