Information about currency: Norwegian Speciedaler

Norwegian Speciedaler (1816 - 1875)
Currency NameNorwegian Speciedaler
System1 Speciedaler = 120 Skilling
Description

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 = 1⁄2 Danish rigsdaler = 1⁄4 Norwegian speciedaler = 1 Swedish riksdaler.

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, 1⁄2 and 1 specidaler. Silver 2 and 4 skilling coins were introduced in 1825, followed by copper 1⁄2 skilling pieces in 1839, silver 12 skilling in 1845 and silver 3 skilling in 1868.

Norges Bank began issuing notes in 1817, with denominations of 24 skilling, 1⁄2, 1, 5, 10, 50 and 100 speciedaler.

Advertising
Bullion Star - Preserve and Protect Your Wealth in Singapore
Bullion Star - Preserve and Protect Your Wealth in Singapore
Norwegian Speciedaler: Details
Issued ByNorway
From1816
To1875
Norwegian Speciedaler: Users
CountryPeriodFromTo
Flag of Norway Norway Norwegian Speciedaler 1816 1875