Speciedaler

Speciedaler

The currency of Norway from 1816 to 1875. It circulated until Norway joined the Scandinavian Monetary Union, when it was replaced by the krone.
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At the most, 735 000 speciedaler was on loan at any one time under this arrangement, which terminated in 1835.
The currencies of the three countries in fact already circulated at a simplified fixed exchange rate of 1 Norwegian speciedaler = 2 Danish rigsdaler = 4 Swedish rigsdaler, since the public generally ignored differences of less than 1 per cent (Garelli, 1946).
The first notes had the denominations 1 and 5 speciedaler and were issued in 1817.