Old banknotes taken out of circulation

100 - Photo:Norway's Central Bank
The old and new 100 Norwegian krone banknote. Photo: Norway's Central Bank

The old series of Norway’s 100-krone and 200-krone notes are no longer legal tender after 30 May 2018. However, old banknotes can be exchanged. Here is how to proceed.

The old series of Norway’s 100-krone and 200-krone notes are no longer legal tender after 30 May 2018. However, old banknotes can be exchanged. Here is how to proceed.

Keeping one step ahead is important. On 30 May 2017, Norges Bank, Norway’s central bank, issued the two first denominations of a new banknote series that is significantly more secure than the previous one. One year after the new 100-krone and 200-krone notes were launched, the old versions were taken out of circulation.

While some banks and retailers continue to accept the old notes throughout 2018, only Norges Bank is legally obliged to accept them for at least ten years after the withdrawal date. The old 100-krone and 200-krone banknotes can be exchanged free of charge through 30 May 2028.

The new 50-krone and 500-krone will be launched on 18 October 2018, while the 1000-krone will be launched in the fourth quarter of 2019. The old versions will no longer be legal tender one year after the new versions are put into circulation.

If you possess old banknotes that you would like to exchange, there are two options:

  1. You can have them deposited in a bank:
    Fill out the banknote exchange form.
    Send the form with banknotes enclosed to:
    Norges Bank, Cashier's Department, PO Box 1179, Sentrum, 0107 Oslo.
    You can also deliver the form and banknotes in person at our main office at Bankplassen 2 in Oslo (see map).
    Norges Bank will transfer funds equal to the value of exchanged notes to the account indicated on the form.
  2. You can exchange old 100-krone and 200-krone banknotes for new ones at Norges Bank's depots in Tromsø, Trondheim, Bergen, Stavanger or Oslo Monday to Friday 9 AM - 3 PM. Please note that old banknotes in an amount exceeding NOK 10 000 will not be exchanged for new banknotes, but can be submitted as specified above and the amount will be transferred to your account.

For more information on the withdrawal of old banknotes and introduction of new banknotes, please visit our webpage New banknote series.