Norwegian krone: Difference between revisions

Revision as of 22:03, 29 September 2004

Revision as of 07:35, 6 November 2004

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'''Krone''' is the name of the [[currency]] used in [[Norway]]. The plural form is ''kroner'' and one ''krone'' is divided into 100 ''[[øre]]'', singular and plural. The [[ISO 4217]] code is NOK. Abbreviated "'''kr'''".

The introduction of the krone as the [[Norway|Norwegian]] [[legal tender]] in [[1875]] was a result of the [[Scandinavian Monetary Union]], which lasted until the [[World War I|First World War]]. The parties to the monetary union was the [[Scandinavia]]n countries of [[Sweden]] and [[Denmark]] from the start in [[1873]], with [[Norway]] joining two years later. The name of the currency was ''Krone'' in Denmark and Norway, and ''[[Krona]]'' in Sweden, which in English literally means ''Crown''. After dissolution of the monetary union Denmark, Norway and Sweden all decided to keep the name of their respective and now separate currencies.

The ten and twenty-krone coins carry the effigy of current [[List of Norwegian monarchs|monarch]]. The royal motto of the monarch ('''Alt for Norge''', meaning '''Everything for Norway''') is also inscribed on the ten-krone coin.