<h2><strong>What is the local currency in Norway?</strong></h2><p>The currency of Norway is the Kroner (NOK). One Norwegian Kroner is 0.08452 GBP (as of Dec 2nd).</p><p></p><h2><strong>History of the Norwegian Kroner </strong></h2><ul><li>The kroner was introduced in 1875, which replaced theNorwegian speciedaler. In making the transition to krone, Norway joined theScandinavian Monetary Union, which had been established in 1873.</li><li>This Union persisted until 1914; after its suspension, Sweden, Norway, and Denmark decided to keep the names of their respective currencies.</li><li>In December 1992 the Norges Bank (the central bank of Norway) discarded the fixed exchange rate, due to heavy speculation against the Kroner. The restatement of the exchange rate led to a shortfall of approximately 2 billion Kroner for foreign coinage reserves of the Norwegian Central Bank.</li></ul><p></p><h2><strong>Do I tip whilst in Norway?</strong></h2><p>In Norway,tippingis not compulsory. It is, however, usual for Norwegians to leave a tip in restaurants and bars if they feel they had been given satisfactory service. A 5-15% tip would be recommended. With regards to hotel staff or taxi drivers, tipping is not expected. </p><p>View our <a rel="noopener" href="/travel-money/what-you-need-to-know-about-tipping-on-holiday/" target="_blank">tipping guide</a> for more help on tipping abroad.</p><p></p><h2><strong>Using cash in Norway</strong></h2><p>When travelling, our experts would recommend always bringing a small amount of cash with you on every trip, for initial taxi transfers or hotel deposits etc. The rest of your travel money should be put onto a <a rel="noopener" href="/currency-cards/caxton-currency-account/" target="_blank">Caxton multi-currency card</a>, for safe and secure spending.</p><p>Cash is no longer king in Norway, as almost all establishments accept credit/debit cards, making even more sense to bring a prepaid card on your travels.</p><p>Most international banks and money outlets now charge a fee for using ATM machines, as do most card providers. Taking a travel pre-paid card and a credit card is recommended as Caxton do not charge for international ATM use regardless of sum or number of times, (but check with your card provider about charges.)</p><p>We would recommend still bringing your bank card on your trip as a backup option, however, to be aware of . Tell your bank you are travelling before you go so as not to have your transaction identified as fraudulent but be prepared for fees and high exchange rates.</p><p>All major cards are accepted widely in Norway at key tourist hubs.</p><p></p><h2><strong>What happens if I have my wallet stolen whilst in Norway?</strong></h2><p>Norway is known to be a safe country with friendly and helpful people, but this shouldn’t stop you from being smart whilst you travel. If the majority of your cash is on a<a rel="noopener" href="/currency-cards/caxton-currency-account/" target="_blank">prepaid card</a>, this will be automatically protected. However, in case the worse happens, here are the list of major debit/credit card ‘lost and stolen’ numbers:</p><p><strong>HSBC/First Direct -</strong> +44 1442 422929</p><p><strong>Natwest -</strong> +44 1268 500 813</p><p><strong>Lloyds -</strong> +44 1702 278270</p><p><strong>Barclays -</strong> +442476842099</p><p><strong>Santander -</strong> +44 1908 237 963</p><p><strong></strong></p><h2><strong>What can I do with spare Kroner?</strong></h2><p>Whilst in Norway, you may as well spend any remaining Kroner, if only small amount, on some traditional Norwegian souvenirs, such as:</p><ul><li>Reindeer sausages</li><li>Ostehøvel – known as the best cheese slicer</li><li>Liquorice chocolates</li><li>Authentic Norwegian sweaters</li>
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<p>Alternatively, if Reindeer sausages isn’t your thing, you can use Caxton’s <a rel="noopener" href="/currency-cards/buy-back-guarantee/" target="_blank">buy back guarantee</a> to get rid of any unused Norwegian Kroner. By doing this you ensure that if the exchange rate moves against you, you won't lose out.</p><p></p><p><a rel="noopener" href="/caxton-cards" target="_blank"><img style="width: 500px; height: 125px;" src="https://mediaumbraco.blob.core.windows.net/img/1099355/caxtoncard-promo-banner-03.png?width=500&height=125" alt="" data-udi="umb://media/6df25084aa984b97abc05767425af66b" /></a></p>
