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Country Guide > Europe > Norway


Money

Currency
Norwegian Krone (NOK) = 100 re. Notes are in denominations of NOK1000, 500, 200, 100 and 50. Coins are in denominations of NOK20, 10, 5 and 1, and 50 re.

Currency exchange
Eurocheque cards allow encashment of personal cheques. ATMs are widely available.

Credit & debit cards
All major credit and debit cards are widely accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques
Accepted in banks, hotels, shops and by airlines.

Exchange rate indicators
The following figures are included as a guide to the movements of the Norwegian Krone against Sterling and the US Dollar:
DateMay '04Aug '04Nov '04Feb '05
1.00=12.1612.3611.5912.29
$1.00=6.806.716.236.45


Currency restrictions
The import of local and foreign currency is unlimited. The export of local currency is limited to NOK5000. The export of foreign currency is unlimited, provided proof is shown that the currency was imported or obtained by conversion of other currencies.

Banking hours
Mon-Wed and Fri 0815-1530 (1500 in summer), Thurs 0815-1800.
   
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