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The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. [1] The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn.
Norwegian banknotes are circulated, in addition to Norwegian coins, with a denomination of Norwegian kroner, as standard units of currency in Norway. From 1877, after the establishment of the Scandinavian Monetary Union , Norwegian banknotes of 1000, 500, 200, 100, 50, 10 and 5 kroner have been put into circulation.
Danish krone: 1873–present Replaced Danish rigsdaler Faroe Islands: Faroese króna: 1949–present Form of Danish krone. Iceland: Icelandic króna: 1922–present Replaced Danish krone. Norway: Norwegian krone: 1875–present Replaced Norwegian speciedaler. [1] Sweden: Swedish krona: 1873–present Replaced Swedish riksdaler [1]
The Royal Norwegian Mint (Norwegian: Den Kongelige Mynt) is a mint in Norway responsible for producing coins of the Norwegian krone.Founded in 1686 as part of Kongsberg Silverworks, the mint was taken over by the Central Bank of Norway in 1962 and later incorporated in 2001 into a private company with the Central Bank of Norway remaining the sole owner and shareholder.
Banknotes of the Norwegian krone; M. Maine penny; N. Norwegian penning; Norwegian rigsdaler; O. Øre; R. Royal Norwegian Mint; Media in category "Currencies of Norway"
The word "krone/krona" literally means "crown", and the differences in spelling of the name represent the differences between the North Germanic languages. The political union between Sweden and Norway was dissolved in 1905, but this did not affect the basis for co-operation in the monetary union.
The history of the central bank of Norway can be traced back to 1816, when, two years after the separation from Denmark and the union with Sweden, Norges Bank was established by an Act of the Storting (the Norwegian parliament) on 14 June.
Danish krone. Krone (Danish coin) Norwegian krone; Swedish krona; Austro-Hungarian krone; Faroese króna; Fiume krone; Yugoslav krone; Named by republics: Czech koruna; Estonian kroon; Icelandic króna; Slovak koruna