Norwegian krone in 2001: Inflation target
Norwegian krone divides its story at 2001, under “Inflation target.” The figure attached to that history is 1875. Do not replace the sentence with the number on a bureau de change board today. Fix the reason it was issued, the picture, and where it was used, to that year. A representative Norwegian krone note class around the 5 denomination — portraits, monuments and colourways vary by series.
A floating Nordic currency outside the euro, with oil revenue kept in a fiscal fund rather than in the note. Norwegian krone is one of the units this atlas treats as a full monetary system — not only a ticker symbol. Its story runs from Oslo in 1875 through note design, central-bank practice and the FX role it plays today.
Scores on this site compare Norwegian krone with the other currencies in the atlas on reserve weight, global reach, stability, cash culture, design iconicity and policy autonomy. They are relative editorial judgements, not forecasts. The seven chapters cover origins and reforms, the look of notes and coins, the issuer's mandate, where the money circulates, FX and reserves, crisis history, and how people pay with it now.
Norwegian krone (NOK) is issued or defined under Norges Bank. A floating Nordic currency outside the euro, with oil revenue kept in a fiscal fund rather than in the note. Norges Bank sets monetary policy and oversees the unit; physical production involves Mint of Norway / contractors.
Norwegian krone in 2001 under “Inflation target” carries 1875. That figure is not today’s counter price.2001
Figures to keep
- Year of the rule
- 2001
- Figure in the history
- 1875
- Currency
- Norwegian krone
- Line in the record
- Inflation target
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