Norges Bank to stop exchanging expired banknotes in Stavanger from May 2026
Norges Bank will stop exchanging expired Norwegian banknotes at its Stavanger office from May 29 2026.
Source: Norges Bank · August 6, 2026 at 3:02 PM · AI-assisted report
KUALA LUMPUR, 6 AUGUST 2026 —
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Norges Bank to Halt Exchange of Expired Banknotes in Stavanger from May 2026
Market Impact
Norges Bank, the central bank of Norway, will stop exchanging expired Norwegian banknotes at its Stavanger office from May 29, 2026. This move may have implications for individuals and businesses in Malaysia who hold Norwegian currency, particularly those who plan to travel to Norway or conduct transactions with Norwegian entities. Details not yet available on how this change will affect Malaysian market participants.
The decision to halt exchange services in Stavanger may lead to increased demand for exchange services at other Norges Bank locations, including Oslo, Trondheim, Bergen, and Tromsø. Malaysian individuals and businesses may need to explore alternative options for exchanging expired Norwegian banknotes, such as using a currency exchange service or contacting their bank for guidance. The Malaysian market may see a slight increase in demand for Norwegian currency exchange services, particularly among travelers and businesses with ties to Norway.
According to Norges Bank, expired banknotes can still be exchanged at one of their offices or sent via post. The bank exchanges expired banknotes at their face value, but some older notes and coins may have a higher collector's value. Norges Bank's office hours are from 09:00 to 15:00, Monday to Friday, and are closed on public holidays. The bank also provides a mail-in service for exchanging expired banknotes, with processing times ranging from 3 weeks for amounts up to 7,000 kroner to 10-16 weeks for amounts over 40,000 kroner.
The impact of this change on the Malaysian market is expected to be minimal, as the majority of currency exchange transactions in Malaysia involve major currencies such as the US dollar, euro, and yen. However, individuals and businesses with ties to Norway should be aware of the change and plan accordingly to avoid any disruptions to their financial transactions. As the deadline for exchanging expired banknotes in Stavanger approaches, Malaysian market participants should monitor the situation and explore alternative options for exchanging Norwegian currency.