Norwegian rigsdaler
Encyclopedia
The rigsdaler was the unit of currency used in Norway
until 1816 and in Denmark
until 1873. The similarly named Reichsthaler
, riksdaler and rijksdaalder were used in Germany
and Austria-Hungary
, Sweden
and the Netherlands
, respectively.
circulated alongside Norwegian. Norway itself issued currency denominated in two different rigsdaler, the rigsdaler courant and the rigsdaler specie, with 96 skilling
to the rigsdaler courant and 120 skilling to the rigsdaler specie.
In 1816, following the establishment of the union between Sweden and Norway
, the rigsdaler specie was renamed the speciedaler
and became the standard unit of currency in Norway.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
until 1816 and in Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...
until 1873. The similarly named Reichsthaler
Reichsthaler
The Reichsthaler was a standard Thaler of the Holy Roman Empire, established in 1566 by the Leipzig convention. It was also the name of a unit of account in northern Germany and of a silver coin issued by Prussia.-Reichsthaler coin:...
, riksdaler and rijksdaalder were used in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
and Austria-Hungary
Austria-Hungary
Austria-Hungary , more formally known as the Kingdoms and Lands Represented in the Imperial Council and the Lands of the Holy Hungarian Crown of Saint Stephen, was a constitutional monarchic union between the crowns of the Austrian Empire and the Kingdom of Hungary in...
, Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
and the Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
, respectively.
History
During the political union between Denmark and Norway, Danish currencyDanish rigsdaler
The rigsdaler was the name of several currencies used in Denmark until 1873. The similarly named Reichsthaler, riksdaler and rijksdaalder were used in Germany and Austria-Hungary, Sweden and the Netherlands, respectively....
circulated alongside Norwegian. Norway itself issued currency denominated in two different rigsdaler, the rigsdaler courant and the rigsdaler specie, with 96 skilling
Swedish skilling
The skilling was the Scandinavian equivalent of the schilling or shilling. It was used as a subdivision of the Swedish riksdaler, the Danish rigsdaler, the Norwegian rigsdaler, and the Norwegian speciedaler.-Denmark:...
to the rigsdaler courant and 120 skilling to the rigsdaler specie.
In 1816, following the establishment of the union between Sweden and Norway
Union between Sweden and Norway
The Union between Sweden and Norway , officially the United Kingdoms of Sweden and Norway, consisted of present-day Sweden and Norway between 1814 and 1905, when they were united under one monarch in a personal union....
, the rigsdaler specie was renamed the speciedaler
Norwegian speciedaler
The speciedaler was the currency of Norway between 1816 and 1875. It replaced the rigsdaler specie at par and was subdivided into 120 skilling . It was replaced by the Norwegian krone when Norway joined the Scandinavian Monetary Union...
and became the standard unit of currency in Norway.