Norwegian speciedaler
Encyclopedia
The speciedaler was the currency of Norway
between 1816 and 1875. It replaced the rigsdaler specie
at par and was subdivided into 120 skilling
(called skilling species on some issues). It was replaced by the Norwegian krone
when Norway joined the Scandinavian Monetary Union
. An equal valued krone/krona of the monetary union replaced the three currencies at the rate of 1 krone/krona = ½ Danish rigsdaler
= ¼ Norwegian speciedaler = 1 Swedish riksdaler
.
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...
between 1816 and 1875. It replaced the rigsdaler specie
Norwegian rigsdaler
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.-History:...
at par and was subdivided into 120 skilling
Skilling
Skilling may refer to:* Jeffrey Skilling, former CEO of Enron Corporation* Tom Skilling, meteorologist in Chicago, Illinois* Michael Skilling, former Attorney General of England and Wales* Skilling, a historical form of currency...
(called skilling species on some issues). It was replaced by the Norwegian krone
Norwegian krone
The krone is the currency of Norway and its dependent territories. The plural form is kroner . It is subdivided into 100 øre. The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown"...
when Norway joined the Scandinavian Monetary Union
Scandinavian Monetary Union
The Scandinavian Monetary Union was a monetary union formed by Sweden and Denmark on May 5, 1873, by fixing their currencies against gold at par to each other...
. An equal valued krone/krona of the monetary union replaced the three currencies at the rate of 1 krone/krona = ½ Danish rigsdaler
Danish 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....
= ¼ Norwegian speciedaler = 1 Swedish riksdaler
Swedish riksdaler
The riksdaler was the name of a Swedish coin first minted in 1604. Between 1777 and 1873, it was the currency of Sweden. The daler, like the dollar, was named after the German Thaler. The similarly named Reichsthaler, rijksdaalder, and rigsdaler were used in Germany and Austria-Hungary, the...
.
Coins
In 1816, coins in circulation from the previous currency remained in circulation, with only 1 skilling coins being minted. A new coinage was introduced in 1819, consisting of copper 1 and 2 skilling and silver 8 and 24 skilling, ½ and 1 specidaler. Silver 2 and 4 skilling coins were introduced in 1825, followed by copper ½ skilling pieces in 1839, silver 12 skilling in 1845 and silver 3 skilling in 1868.Banknotes
Norges Bank began issuing notes in 1817, with denominations of 24 skilling, ½, 1, 5, 10, 50 and 100 speciedaler.See also
- Danish rigsdalerDanish rigsdalerThe 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....
- Swedish riksdalerSwedish riksdalerThe riksdaler was the name of a Swedish coin first minted in 1604. Between 1777 and 1873, it was the currency of Sweden. The daler, like the dollar, was named after the German Thaler. The similarly named Reichsthaler, rijksdaalder, and rigsdaler were used in Germany and Austria-Hungary, the...