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Singapore DollarThe currency of Norway
Norwegian
KroneNOK
The currency of Norway is the Norwegian krone (NOK), divided into 100 øre and issued by Norges Bank, the central bank. It has floated since December 1992: one Norwegian krone costs ₹10.86 at our selling rate right now.
- Code
- NOK
- Symbol
- kr
- Subunit
- 100 øre
- In use since
- 1875
What is the currency of Norway?
The currency of Norway is the Norwegian krone, code NOK, written kr. One krone is divided into 100 øre, and the plural is kroner. Norges Bank, the central bank, issues the notes and coins. The krone replaced the speciedaler in 1875 and has floated since December 1992, so against the rupee it moves with the market: on 5 Oct 2026, one Norwegian krone was worth about ₹10.86 at our selling rate. A quote in NOK currency always means this krone and not the euro, which is a separate currency at a different value.
Norwegian Krone at a glance
- Currency
- Norwegian kroneThe plural is kroner
- Code
- NOKNumeric code 578
- Symbol
- krNKr is also listed
- Subunit
- 1 krone = 100 øreNo øre coins circulate: the 50 øre coin was withdrawn in 2012
- Issuer
- Norges BankThe central bank of Norway
- Introduced
- 1875Replaced the speciedaler at 4 kroner to 1
- Exchange rate
- FloatingFloating since December 1992
- Used in
- Norway
- Banknotes
- 50, 100, 200, 500 and 1000 kronerIssued between 2017 and 2019, with the sea on every front
- Coins
- 1, 5, 10 and 20 kronerUp to 25 coins of one kind are legal tender in a single payment
Norway currency notes and coins
Norwegian money comes as five banknotes and four coins. The notes were issued between 2017 and 2019, and each front shows something from the sea: a lighthouse, a Viking ship, a cod, a rescue vessel and a wave. Each note is shown with what it costs in rupees at our selling rate today.
- Norges BankFifty kroner50kr
Fifty kroner 50 kr
≈ ₹543.05 today- Colour
- Green
- Front
- Utvær Lighthouse
- Back
- A stylised lighthouse beacon and the Big Dipper
- Norges BankOne hundred kroner100kr
One hundred kroner 100 kr
≈ ₹1,086.10 today- Colour
- Red
- Front
- The Gokstad ship, a Viking ship
- Back
- A stylised container ship, the constellation Orion and a globe
- Norges BankTwo hundred kroner200kr
Two hundred kroner 200 kr
≈ ₹2,172.20 today- Colour
- Blue
- Front
- A cod
- Back
- A stylised fishing boat, a net and a sea mark
- Norges BankFive hundred kroner500kr
Five hundred kroner 500 kr
≈ ₹5,430.50 today- Colour
- Yellow
- Front
- The rescue vessel RS 14 Stavanger
- Back
- A stylised oil platform, a gas pipeline and an ammonite
- Norges BankOne thousand kroner1000kr
One thousand kroner 1000 kr
≈ ₹10,861.00 today- Colour
- Purple
- Front
- A wave in the open sea
- Back
- A stylised open sea and water molecules
Coins, in øre
Four coins are in use: 1, 5, 10 and 20 kroner. Up to 25 coins of one kind count as legal tender in a single payment, and no øre coins circulate, because the 50 øre coin was withdrawn on 1 May 2012.
- 11 krone
≈ ₹10.86 - 55 kroner
≈ ₹54.30 - 1010 kroner
≈ ₹108.61 - 2020 kroner
≈ ₹217.22
Sources: Norges Bank, legal tender notes and coins; Wikipedia, "Norwegian krone"; colours as printed. Rupee values at our selling rate, 10:25 AM IST, 5 Oct 2026.
Utvær Lighthouse
The Gokstad ship
A wave in the open sea
Notes that look to the sea
The current Norwegian banknotes were issued between 2017 and 2019, and every front shows something from the sea. Three of the five are shown here.
Two studios are chosen
Two design studios, Metric Design and Snøhetta, are chosen to create the look of the new notes.
The first sea notes
The first notes of the new series, including the 100 kroner with the Gokstad ship, enter circulation.
A wave completes the set
The 1000 kroner note, with a wave in the open sea on its front, is issued, and the series of five notes is complete.
The sea on every front
The five fronts show a lighthouse, a Viking ship, a cod, a rescue vessel and a wave. Norges Bank lists all five notes as legal tender.
Sources: Norges Bank, legal tender notes and coins, and notes and coins; Creative Boom, on the design of the new notes; Wikipedia, "Norwegian krone".
A krone that floats free
The Norwegian krone has no fixed rate. The market has set its price since December 1992, so its price in rupees can change from one day to the next.
No fixed rate since 1992
The Norwegian krone has floated since December 1992. The market sets its price every day, and the rupee price moves with it.
Tied to others before that
Before 1992 the krone was tied to other currencies: to sterling from 1933 and to the US dollar from 1939.
Rates move every day
Because the krone floats, the rupee price you see today is not a promise for tomorrow. Our desk confirms your exact rate before anything is booked.
One unit in rupees · our selling rate, 5 Oct 2026
The Norwegian krone since 1875
Norway has counted in kroner since 1875, through gold, pegs and a float to the sea notes of today. What changed along the way, in eight entries.
- EntryNorway
The krone arrives
Norway replaces the speciedaler with the krone, at 4 kroner to 1 speciedaler, and joins the Scandinavian Monetary Union, which had been founded in 1873.
Launch - EntryNorway
The gold standard ends
Norway suspended the gold standard in 1914, during the First World War, and suspended it for good in 1931. A sterling peg followed in 1933 and a US dollar peg in 1939.
- EntryNorway
A devaluation
In 1946 the krone was pegged again, at 20 kroner to the pound. In 1949 it was devalued to 7.142 kroner to the US dollar.
- EntryNorway
The krone floats
In December 1992 Norway adopts a floating exchange rate. The market has set the price of the krone ever since.
- EntryNorway
The 50 øre coin goes
On 1 May 2012 the 50 øre coin is withdrawn, and no øre coins circulate after it. The smallest coin is now 1 krone.
Coin ends - EntryNorway
The sea notes begin
Norges Bank starts to issue a new series of notes. The first of them, including the 100 kroner with the Gokstad ship, enter circulation in 2017.
New notes - EntryNorway
A wave completes the set
The 1000 kroner note, with a wave in the open sea on its front, is issued in 2019. The series of five notes is now complete.
- EntryNorway
The right to pay cash
On 1 October 2024 sellers must offer payment in legal tender where another way of paying is possible. Fines for refusing cash apply from 1 May 2025.
Cash rule
Sources: Norges Bank, notes and coins, legal tender notes and coins, and the right to pay cash; Creative Boom, on the design of the new notes; Wikipedia, "Norwegian krone".
Kroner and rupees side by side
Worked out at our selling rate at 10:25 AM IST on 5 Oct 2026. For the live rate on any amount, use the NOK to INR or INR to NOK converter.
| You pay | You get |
|---|---|
| ₹5,000 | kr 460.36 |
| ₹10,000 | kr 920.73 |
| ₹25,000 | kr 2,301.81 |
| ₹50,000 | kr 4,603.63 |
| ₹1,00,000 | kr 9,207.26 |
| ₹2,00,000 | kr 18,414.51 |
| You buy | It costs |
|---|---|
| kr 100 | ₹1,086.10 |
| kr 500 | ₹5,430.50 |
| kr 1,000 | ₹10,861.00 |
| kr 5,000 | ₹54,305.00 |
| kr 10,000 | ₹1,08,610.00 |
| kr 20,000 | ₹2,17,220.00 |
Spending Norwegian kroner in Norway
Three things about paying in Norway that help on the first day.
Cards do most of the work
A 2024 Norges Bank survey found that only 2 percent of people had used cash the last time they paid at a shop or other point of sale. A Visa or Mastercard is the most widely accepted foreign card, and contactless, Apple Pay and Google Pay are the norm.
Visa · Mastercard · contactlessCash is still your right
Since 1 October 2024 sellers must offer payment in legal tender where another way of paying is possible, and fines for refusing cash apply from 1 May 2025. Cash still helps in remote areas, on small ferries and at market stalls. A 20 kroner coin is about ₹217.22 and the smallest note, 50 kroner, about ₹543.05.
20 kr coin ₹217.22 · 50 kr note ₹543.05Pay in kroner, not rupees
If a card terminal or ATM offers to charge you in rupees or another home currency, choose Norwegian kroner instead. The Vipps payment app needs a Norwegian bank account and BankID, so visitors should not plan on it.
Choose NOK · skip VippsTaking Norwegian kroner from India
The Reserve Bank of India's rules apply to every currency, and the Norwegian krone is no exception.
Up to the equivalent of USD 3,000 per trip can leave India as Norwegian krone notes. The rest goes on a forex card or as a bank transfer.
Every resident can send up to USD 250,000 abroad each financial year under the Liberalised Remittance Scheme, travel included.
Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.
Norwegian kroner are on our booking form. Send your amount and the desk confirms your exact rate before anything is booked.
Book Norwegian Kroner→Norwegian krone questions
The questions people type about the Norwegian krone, answered in full, in three groups.
The basics
8 questionsWhat is the currency of Norway?
The currency of Norway is the Norwegian krone, code NOK, divided into 100 øre. It is issued by Norges Bank, the central bank of Norway, and the plural is kroner.
What is the full form of NOK in currency?
NOK stands for Norwegian krone: NO is the ISO country code for Norway and K is for krone, following the ISO 4217 standard, and its numeric code is 578. That is the NOK full form and the NOK currency full form alike, and on a price list or a forex board it always means the Norwegian krone.
What is the Norwegian krone symbol?
The Norwegian krone symbol is kr, short for krone, and NKr is also listed as a form of it. This is the Norway currency symbol you will see on price tags, while NOK is the three-letter code that banks and forex dealers use.
Norway ki currency kya hai?
Norway ki currency Norwegian krone (NOK) hai. Ek krone mein 100 øre hote hain, aur 5 Oct 2026 ko ek Norwegian krone lagbhag ₹10.86 ka tha, hamare selling rate par. Norway ki currency ka symbol kr hai, aur iska plural kroner hai.
What is the Norway currency name?
The Norway currency name is the Norwegian krone, and its plural is kroner, as in 100 Norwegian kroner. It is also searched as Norway currency, Norwegian currency, Norwegian kroner or NOK currency, and all of these mean the same krone.
How many øre make one Norwegian krone?
One Norwegian krone is 100 øre, and øre is both the singular and the plural. No øre coins circulate today: the 50 øre coin was withdrawn on 1 May 2012, and the smallest coin is now 1 krone.
Who issues the Norwegian krone?
Norges Bank, the central bank of Norway, issues the Norwegian krone as legal tender. It also publishes the list of notes and coins that count as legal tender, which today is five notes and four coins.
Is the Norwegian krone fixed or floating?
The Norwegian krone floats. Since December 1992 its exchange rate has not been fixed to another currency, so the market sets its price and the rupee price moves from day to day. Before that it was tied to other currencies, to sterling from 1933 and to the US dollar from 1939.
Value and history
4 questionsWhen did Norway start using the krone?
Norway introduced the krone in 1875, replacing the speciedaler at 4 kroner to 1, when it joined the Scandinavian Monetary Union, which had been founded in 1873. Floating began much later, in December 1992.
Which Norwegian banknotes are in use?
There are five: 50 kroner (green), 100 (red), 200 (blue), 500 (yellow) and 1000 (purple), issued between 2017 and 2019. Their fronts show a lighthouse, a Viking ship, a cod, a rescue vessel and a wave, and anything below 50 kroner is a coin.
Are old Norwegian notes and coins still valid?
It depends on when Norges Bank withdrew them. Its rule is that replaced notes and coins stay legal tender for one year after the withdrawal is proclaimed, and can then be exchanged at Norges Bank for ten years. The five notes issued from 2017 to 2019 are the current series.
What is the India link to the Norwegian krone?
The link today is trade. The India-EFTA trade and economic partnership agreement, which includes Norway, was signed on 10 March 2024 and came into force on 1 October 2025, with a target of USD 100 billion of EFTA investment into India over 15 years.
Buying from India
5 questionsHow much Norwegian currency can I take out of India?
Up to the equivalent of USD 3,000 per trip in currency notes. Anything above that goes on a forex card or as a bank transfer, all within the USD 250,000 a year Liberalised Remittance Scheme limit.
How do I get Norwegian kroner for a trip to Norway?
Order them before you fly. Matrix Forex, an RBI-authorised Category-II dealer, has Norwegian kroner on its booking form: send your amount through the booking bar at the top of this page and the desk confirms your exact rate before anything is booked. For the live rate on any amount, see the NOK to INR converter.
Which cards and payment apps work in Norway?
Cards do most of the work. Visa and Mastercard are the most widely accepted foreign cards, American Express is rarer, and contactless, Apple Pay and Google Pay are the norm. The local payment app Vipps needs a Norwegian bank account and BankID, so a visitor should not plan on it.
Can shops in Norway refuse cash?
Mostly not. Since 1 October 2024 sellers must offer payment in legal tender where another way of paying is possible, and give change if they have it, with fines for refusing cash from 1 May 2025. A few places are exempt, such as vending machines and unstaffed premises.
Should I pay in kroner or rupees at a card terminal?
Choose kroner. If a card terminal or ATM offers to charge you in rupees or another home currency, pick Norwegian kroner (NOK) instead.