The currency used throughout Norway is the Norwegian krone. When speaking to foreigners, Norwegians sometimes refer to their currency by its English translation, the crown. “That’ll be one hundred Norwegian crowns, please!”
One krone is split into 100 øre (100 øre = 1 krone) although given the value of the krone, the øre is now rarely used and prices are often rounded down/up to the nearest krone. In fact, you are unlikely to see any øre coins as the last remaining coin, the 50-øre coin, is in the process of being withdrawn. In reality, the øre only matters in business when exact invoicing and payments are required.
The currency is produced by Norges Bank, the Bank of Norway. It is currently available in the following denominations:
Notes: 1000, 500, 200, 100, 50
Coins: 20, 10, 5, 1
Minibanks (cashpoints/ATMs) are common around the country. To find one simply ask a local or look for the sign mini bank outside stores. The most likely place to find one is in one of the convenience store chains, such as Narvesen, Deli de Luca, or 7-Eleven. You will be charged to use a minibank in Norway, but if you are using a foreign card the actual rate of currency conversion tends to be fairly good.
Debit and credit cards are accepted almost everywhere, even for the smallest amount of money. However, be aware that some shops will only accept Norwegian debit cards, so it’s always best to keep some cash on you if you only have international cards. If you are in Norway for an extended period of time and have a Norwegian bank account, it’s well worth downloading one of the mobile payment apps that can be used to pay in a rapidly increasing number of stores.