The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (2024)

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The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (1)

Earlier this year, Norway's Norges Bank held a design competition for the country's future currency. Entrants were asked to stick with the theme "The Sea," but other than that, were given free reign.

Eight designers and firms made it to the final round, and submissions from two different design firms were chosen for further development. As seen below, the "Norwegian Living Space" concept by The Metric System was chosen for the face of the 100 Kroner note, and the abstract, designey "Beauty of Boundaries" concept by Snøhetta Design chosen for the back:

The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (2)

As we've previously reported, it was interesting that Norges Bank decided to split the victory (overruling the jury in the process), choosing one more traditional design and one very modern design to share the same note. But even more fascinatingly, there was a designer in the competition who also had the idea to sharply contrast the fronts and backs (or obverse and reverse, in monetary parlance). Designer and illustrator Aslak Gurholt Rønsen, co-founder of design collective Yokoland, had this novel idea (loosely translated from Norwegian):It was important to find motifs that are iconic, recognizable and easy to distinguish. [With these submissions] the subject matter on the back of the notes is similar to the front, but the backs are drawn by children. It creates a connection between the two sides, while containing both a structural and conceptual difference.
Children are the future, and for us, the whole idea of Norway is one of a democracy with equal opportunities for all, where the children have a central place.

The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (3)

The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (4)

The jury deemed Rønsen's efforts "a vital, playful and original approach to the theme and design," if not good enough to take top prize. But it's a novel idea. Not one that would ever fly in America, of course; our kids are too busy spending money to design it.

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  • The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (5)

    Nick

    9 years ago

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    I must admit when I saw the original post, I scoffed at the childish drawings on the back. Now that I know the meaning behind them, I've really come round to the idea!

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The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (8)

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Earlier this year, Norway's Norges Bank held a design competition for the country's future currency. Entrants were asked to stick with the theme \"The Sea,\" but other than that, were given free reign.

Eight designers and firms made it to the final round, and submissions from two different design firms were chosen for further development. As seen below, the \"Norwegian Living Space\" concept by The Metric System was chosen for the face of the 100 Kroner note, and the abstract, designey \"Beauty of Boundaries\" concept by Snøhetta Design chosen for the back:

The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (11)

As we've previously reported, it was interesting that Norges Bank decided to split the victory (overruling the jury in the process), choosing one more traditional design and one very modern design to share the same note. But even more fascinatingly, there was a designer in the competition who also had the idea to sharply contrast the fronts and backs (or obverse and reverse, in monetary parlance). Designer and illustrator Aslak Gurholt Rønsen, co-founder of design collective Yokoland, had this novel idea (loosely translated from Norwegian):It was important to find motifs that are iconic, recognizable and easy to distinguish. [With these submissions] the subject matter on the back of the notes is similar to the front, but the backs are drawn by children. It creates a connection between the two sides, while containing both a structural and conceptual difference.
Children are the future, and for us, the whole idea of Norway is one of a democracy with equal opportunities for all, where the children have a central place.

The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (12)

The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (13)

The jury deemed Rønsen's efforts \"a vital, playful and original approach to the theme and design,\" if not good enough to take top prize. But it's a novel idea. Not one that would ever fly in America, of course; our kids are too busy spending money to design it.

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The Best Idea from Norway's Currency Design Competition: Let Kids Design the Money - Core77 (2024)

FAQs

Does Norway have paper money? ›

Introduction. In 2014, The Central Bank of Norway appointed Snøhetta and Metric Design with illustrator Terje Tønnessen to design the new paper currency.

Does Norway have coins? ›

Coins and banknotes of the Norwegian krone are distributed by the Central Bank of Norway. Up to 25 coins of any single denomination is considered tvungent betalingsmiddel—a legally recognized method of payment, in which the intended recipient can not refuse payment, according to Norwegian law.

How do I exchange old Norwegian banknotes? ›

You can only deliver the banknote(s) and coin(s) at Norges Bank in Oslo and have the amount transferred to your account. No appointment is needed. You can only exchange withdrawn banknote(s) for new banknote(s) up to NOK 7 000 over the counter (no coins).

How much is $100 US in Norway? ›

Download Our Currency Converter App
Conversion rates US Dollar / Norwegian Krone
100 USD1,098.44000 NOK
250 USD2,746.10000 NOK
500 USD5,492.20000 NOK
1000 USD10,984.40000 NOK
8 more rows

Is Norway currency higher than dollar? ›

1 USD = 10.969368 NOK Apr 18, 2024 05:53 UTC

Check the currency rates against all the world currencies here.

Does Norway have silver? ›

History. Operating from over 80 different sites, Kongsberg silver mines constituted the largest mining field in Norway.

Does Norway have gift cards? ›

The gift card value is specified in a CashPoint amount which corresponds to the same amount in NOK (Norwegian Kroner). A gift card with a value of 1,000 CashPoints will therefore correspond to 1,000 NOK (Norwegian Kroner). A Norwegian Reward membership is not required to purchase a gift card.

Do they speak English in Norway? ›

As is the case across Scandinavia, English is widely spoken in Norway. It may be their second language, but many Norwegians speak it like natives. When Norwegians aren't impressing you with their English skills, they'll want to show you their country's incredible nature, something which Norway is renowned for.

Do banks still take old currency? ›

Banks that allow you to exchange paper notes will generally allow you to deposit the money into the account that you hold with them. Banks and building societies happy to exchange the old notes include Halifax, Lloyds, Nationwide, Barclays, NatWest and Santander - though keep in mind they may have a cut-off date.

Can I change old 20 notes at the bank? ›

This note replaces our paper £20 note which was withdrawn from circulation after 30 September 2022. You may be able to deposit withdrawn notes at your own bank or with the Post Office. Alternatively, you can exchange withdrawn banknotes with selected Post Office branches or with the Bank of England.

Are they still accepting old currency? ›

Old naira notes will remain legal tender indefinitely, says CBN.

Has Norway gone cashless? ›

Get your money's worth. The Norwegian currency is called kroner (currency code NOK), sometimes translated as “crowns” in English. But whatever we call our money, cash is no longer king in Norway, and almost all establishments now accept electronic payment by card or phone.

Does Norway still use cash? ›

While cash use fell to the lowest level globally at the onset of the pandemic, it has remained stable recently, the country's central bank said last May. Only 3% of Norwegians used cash in their latest purchase in a physical shop, it said.

Is Norway mostly cashless? ›

And, if you're interested in going cashless, we can help you compare quotes from EPOS system providers. Just fill in our quick form. Norways is the most cashless country, with only around 2% of payments being made by cash, and 100% of the population having a bank account.

Can you pay in dollars in Norway? ›

US dollars are not accepted as a currency in Norway. However, you can exchange them for Norwegian krone at a rate of 1 USD for 10.96 Norwegian kroner or 1 Norwegian krone for 0.091 USD at the time of writing. Find up-to-date USD to Norwegian krone exchange rates here.

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