The Norwegian Krone (NOK) is a currency deeply intertwined with Norway’s rich maritime heritage. The name “krone” translates to “crown” in English, reflecting the nation’s monarchical history. Introduced in 1875, the krone replaced the speciedaler, at a time when Norway joined the Scandinavian Monetary Union, which tied several currencies to a gold standard. Although the union dissolved in 1914, Norway retained the krone, which fluctuates in value closely with the country’s oil and fish industries, two pivotal sectors in Norway’s economy.

Norway was one of the first countries back in 1996 to adopt polymer banknotes to improve durability and security. The current design of their banknotes features themes of the sea, showcasing both the economic and cultural importance of maritime activities to Norway. The detailed artwork allows for reflections of waves and water patterns, making these notes not only secure but a symbolic representation of the Norwegians’ bond with the sea.