The state paid Hammerfest Municipality 19.5 million Norwegian krone (NOK) in compensation. The Danish krone, which is pegged to the euro. The Norwegian krone is used in Norway including Svalbard. The complex cost 230 million Norwegian krone (NOK). Coins and banknotes of the Norwegian krone are distributed by the Central Bank of Norway. Norway joined the Monetary Union and introduced the Norwegian krone in 1876. In 1619 a new currency was introduced in Denmark, the krone (crown). After the war, inflation began to devalue the Krone, which was still Austria's currency. The hall was opened on 1 February 1993 having cost 238 million Norwegian krone (NOK). The cost of Ryfast is estimated to (Norwegian krone). This plan included the introduction of the new currency, the Krone. As of 2016, only the Danish krone participates in ERM II. Those negotiations failed on the question whether the Danish krone should be abolished. Circus Krone, Munich, Germany, gig on DVD. The name ""krone"" was invented by the emperor, Franz Joseph I of Austria.