Swedish Krona in Norwegian Krone

SEK Swedish Krona

Country of application:
Sweden

Coin denominations in circulation:
10, 5, 1 krone.

Denominations of banknotes in circulation:
1,000, 500, 100, 50 and 20 kroons.

History reference:
The krone is the currency of Sweden. The Swedish krona was introduced into circulation in 1873, as a result of the formation of the Scandinavian Monetary Union, which lasted until the First World War.... The new monetary unit replaced the riksdaler that had been in circulation before. The Scandinavian countries became members of the union, with the name of the currency krona in Sweden and krone in Denmark and Norway, which means “crown” in Scandinavian languages. After the collapse of this association, all three countries decided to keep the name, but for their own currencies. By tradition, on the front side of a coin in denominations of one crown, a portrait of the monarch of Sweden is depicted, and on the reverse side one of the coats of arms of Sweden, or a crown. The coin also bears the kings motto.

NOK Norwegian Krone

Country of application:
Norway, Bouvet Island, Svalbard and Jan Mayen

Coin denominations in circulation:
20 10, 5 and 1 krone.

Denominations of banknotes in circulation:
1,000, 500, 100 and 50 kroons.

History reference:
The Norwegian krone has been the currency of Norway since 1874 (when the Norwegian krone banknotes began to be printed, and Norwegian coins have been known since 995), when it replaced the Norwegian ...daler. For the first time, the inhabitants of Norway were able to pay with their own coins under Olaf I Trygvasson, who ruled the kingdom of the harsh Vikings at the end of the 10th century. It should be noted that in Norway the production of coins is still the prerogative of the king. Only in the 17th century did a full-fledged mint appear in Oslo, which used silver from the nearest mines of Christiania to mint coins. Somewhat later, the mint was moved to Kongsberg, where the largest explored deposit of precious metals was located. Even despite the fact that in the late 50s of the XX century. the mine was depleted, the yard continues its work in this city.