Norwegian rigsdaler

Norway used a common reichsthaler currency system shared with Denmark, Hamburg and Schleswig-Holstein until 1873 when the gold standard was implemented in Scandinavia and the German Empire.

In the late 18th and early 19th centuries, coins were issued in denominations of 1, 2, 4, 8 and 24 skilling, 1⁄15, 1⁄5, 1⁄3, 1⁄2, 2⁄3 and 1 rigsdaler specie.

[3] After the Napoleonic Wars Denmark dropped out of the system described above in favor of a lower-valued Danish rigsdaler.

However Norway retained the system even after its union with Sweden, renaming the specie coin as the Speciedaler but still divided into 120 skillings.

An equal valued krone/krona of the monetary union replaced the three currencies at the rate of 1 krone/krona = 1⁄2 Danish rigsdaler = 1⁄4 Norwegian speciedaler = 1 Swedish riksdaler.