What is Norway’s official currency, whose name means “crown” and whose ISO code is NOK?

The Norwegian krone is Norway’s official currency, and its ISO 4217 code is NOK.

Norway introduced the krone in 1875 when it joined the Scandinavian Monetary Union. The name means “crown,” matching the Danish krone and Swedish krona used by the other founding countries. Although the monetary union later ended, Norway kept its currency.

Norges Bank, Norway’s central bank, issues Norwegian banknotes and coins. The krone is divided into 100 øre in principle, but øre coins have been withdrawn from circulation, so cash payments are rounded to the nearest krone under Norwegian rules.

The Norwegian krone is not the same as the Swedish krona or Danish krone. Their similar names reflect shared history, not a shared modern currency. Norway also uses the plural kroner in English-language descriptions.