The Weak Norwegian Currency Krone Makes 2023 a Perfect Year for International Tourists

11 comments
  1. No, so called devaluation of national currency is the worst thing what can happen to my salary.

  2. How much? We sell the whole Norway?
    This is a song:
    Just tell us what you want.
    Just, tell us want you want.
    You can’t.
    You can’t.
    No way.
    No way.
    Don’t let the local guy be rich,
    be rich,
    be rich.
    Na, we socialist,
    We socialist.
    And Hypocrist.

    When soccer players and blah blah Influencers are the most successfull entrepreneurs, you know what is waiting for No(r)way decades ahead.

    The Norwegian krone will be much weaker, as we can’t export shit. We got tons of highly skilled entrepreneurs and workers, but now more people choose other options, like moving businesses to Sweden and Switzerland etc.

    (Dagens regjering er som i DN annonsen: Så du NASDAQ? Nei, hvem spilte de mot?)

  3. Well, Norwegians got what they voted for.
    But fortunately a lot of them might have second thoughts now.

    It will be even more perfect year in 2024 and summer of 2025, with the current train-wreck of hopeless politicians running things.

  4. I am sure this is the work of the USA, you know, manipulating currencies all over the world to make their’s stronger rather than actually developing their economy

  5. [19 March 2020](https://www.ecb.europa.eu/stats/policy_and_exchange_rates/euro_reference_exchange_rates/html/eurofxref-graph-nok.en.html) was the maximum in the last 10 years (12.3165 NOK for 1 EUR) but things calmed down after that.

    The overall trend is inflation. And not just in Norway.

    This means that even though you can buy more NOK right now with 1 EUR you can also buy less stuff with that 1 EUR in the countries that use EUR. So comparing the two without looking at inflation rates doesn’t make much sense.

    Inflation in Norway is at [6.5%](https://tradingeconomics.com/norway/inflation-cpi) and it’s pretty much stabilized whereas Euro Area inflation only recently dropped to [6.9%](https://tradingeconomics.com/euro-area/inflation-cpi). Back in October 2022 it was at 10.6% while Norway’s was at 7.5%. Norway was less affected by inflation so take the article’s claim with a grain of salt. Especially since it’s a travel journal type of thing and it’s in their interest to promote travel by any means.

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