Norway for enthusiasts of the Krone and money

Kai Bonsaksen | Live the World

November 23, 2022

Norwegians get certain questions when they travel around and also when somebody is visiting our sumptuous country. It could be ''How much is the average wage in Norway?'', ''Do you have a minimum wage?'', ''What is the inflation rate of the Krone?'', ''Why don't you change to the Euro?''.

Because of this interest in our money from the foreigners that we encounter on our soul-searching journey, it is time to go through where to find out more about the history of money, and some theories why Norway is doing fine right now.

If I haven't ''sold'' you this idea yet, because economics might be boring and it is for people who are searching a predictable income. The typical economist might say it comes from the state which is printing money and it represents the value of something else. Then you meet the economist which is truly interested in money and who constantly asks weird questions that we don't think about during every transaction that we make.

To see if you would enjoy these places and if you like economics, see if you ask yourself questions similar to these:

1. ''How is this restaurant still standing with only 5 customers a day?''

2. ''Why do they harvest their own vegetables instead of buying from a producer which will save them time?''

3. ''Did god put them on this earth to sell food that 5 people a day buys and they choose this life instead of a stable accounting job in the big city?''

1. Norwegian mining museum

This museum is managing the coin collection of the Norwegian central bank. You will learn how the mining operations work by going into the mountain with a train and you can see the beginning process of how a coin is made!

There is also different sections of the museum. The royal coin section, Kongsberg Weapon Factory, and Kongsberg Ski Museum. You will see figures of workers, the train line with the wagons full of material, and also be bombarded with tons of facts about the Norwegian mining history.

2. Oslo coin gallery

This is a gallery of coins which held auctions and sells coins to you. The prices of the coins range from around 10€ to 10 482€. They have Norwegian, Swedish, Danish, Greek, Roman money. You can even find coins from before Christ!

4. Norwegian oil and petroleum museum Stavanger

The popular explanation for Norwegian success is the oil. Of course, we made an oil museum to share the inventions and work habits of the people on the oil rinks. In 1999, it was set up and located in Stavanger, which is the oil capital of Norway. Stavanger became the oil capital instead of Oslo since it was politically impossible in Oslo according to a guy called Finn Lied.

5. Museum of Cultural history Oslo

Inside this museum, you will find a place called the coin cabinet. In 1817, this place was created! Here you can find large collections of Viking coins! You will also find medals and the like collected by Polar explorers such as Fridtjof Nansen and Roald Amundsen. There's also a special section which is a collection of Norwegian coins found under church floors around Norway.

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