You won't pay with these banknotes anymore
Photo source: www.norges-bank.no
The 100 and 200 NOK banknotes were withdrawn from circulation on May 30. It is exactly one year since the new edition was released. It's worth knowing about this, because according to the data Norges Bank – many of them are still in the wallets of Norwegian residents. What to do with them?
You won't pay for them anymore
The withdrawal of 100 and 200 Norwegian krone banknotes from circulation on May 30 is associated with the introduction of a new edition. However, as reported Norges Bank – old banknotes are still in possession of many people in Norway. It is estimated that 11,7 is still in use millions 100 NOK banknotes and 10,3 million NOK 200 banknotes. This gives a total value of 3,23 billion crowns Norwegian.
Most of the banknotes had been changed by the end of February
According to official information from Norges Bank, until the end February Norwegian residents have already exchanged 45 percent of NOK 100 banknotes and 65 percent of NOK 200 banknotes. Those who did not manage to do so will no longer be able to use them from May 30 bank account. Likewise, they will not pay for purchases in stores. So what should you do?
Replace as soon as possible
Norges Bank is obliged to replace the old banknote with a new one for another 10 years. However, it is worth doing it as soon as possible so that you can legally pay with them in Norway. At the same time, it is an opportunity to replace older banknotes with current means of payment. those with a nominal value of NOK 50 - Norges Bank will exchange them for the current NOK 100 until May 1, 2022. This also applies to old Norwegian coins that have already run out of exchange time. In this case, however, the bank will charge us a fee.
Two more changes this year
You won't pay with these banknotes anymore. How announces Norges Bank, there will be two more changes this year. New banknotes in denominations of NOK 50 and NOK 500 will be introduced into circulation. However, only in the fourth quarter of 2019. Therefore, you will be able to pay with both editions for a year.
Important Informacja for Polish people
Worth knowingthat the changes may cause some difficulties for Poles. They result from the fact that banknotes in denominations of 100 and 200 NOK will no longer be exchangeable in currency exchange offices - including those located in Poland. Therefore, before you go on a trip to your home country, we recommend that you do not take old means of payment with you. However, if you are already in Poland, remember that you cannot exchange old banknotes.
