How to Pay for Things When Vacationing in Scandinavia

Planning a trip to Scandinavia? Understanding Scandinavian money and how to pay for things is a key part of a stress-free vacation. Whether you’re heading to Norway, Sweden, Denmark, Iceland, or Finland, knowing the ins and outs of currency in Scandinavia will help you make the most of your adventure.

If you want expert help with your Nordic travels, check out our Scandinavia small group tours—led by local experts!

Travel Money in Scandinavia: What You Need to Know

It’s become much simpler to travel abroad and pay for goods and services, but questions about Scandinavian currency and payment methods are still common among travelers. Do you need cash? Can you use US dollars in Norway or Sweden? What about credit cards, or the euro? Let’s answer your top questions about money in Scandinavia.

Can I Pay with US Dollars in Scandinavia? (And What Currencies Are Used?)

In short: No, US dollars are not accepted in stores or restaurants in Scandinavia. Each country uses its own currency:

• Iceland – the Icelandic Krona (ISK)
• Norway – the Norwegian Krone (NOK)
• Sweden – the Swedish Krona (SEK)
• Denmark – the Danish Krone (DKK)
• Finland – the Euro (EUR)

(Fun fact: “krone” and “krona” both mean “crown.”)

If you’re wondering, does Norway accept US dollars? Or does Norway use the euro? The answer is no—Norway uses Norwegian krone (NOK), and you’ll need local currency or a card for payments. For live rates, check XE’s Currency Converter.

Are Credit Cards Widely Used in Scandinavia?

Yes! Using a credit card is the most convenient way to pay for almost everything in Scandinavia. In fact, many shops, hotels, and restaurants prefer cards over cash. This applies everywhere from Sweden and Norway to Denmark, Finland, and Iceland.

Money-saving tip: Bring a credit card that does not charge international transaction fees—otherwise, you might pay around 3% extra on every purchase.

Should I Have Any Cash on Me in Scandinavia?

While cards are accepted almost everywhere, it’s a good idea to carry a small amount of local cash—about the equivalent of $100 USD per person per country you visit. Use it for small purchases, markets, or places that might not accept cards. If you have any leftover, spend it on souvenirs or save it for your next trip.

Best Way to Get Cash in Scandinavia

Avoid airport and hotel currency exchange booths—they usually have poor rates. Instead, use ATM machines (widely available in all Nordic countries) for the best exchange rates. ATMs on the street often offer even better rates than those inside hotels.

Important tips:

• Notify your bank and credit card issuers before you travel, so your cards don’t get frozen abroad.
• Double-check which ATMs your debit card will work with, and any foreign transaction fees.

How Much Should I Budget for Food in Scandinavia?

Scandinavia is known for being expensive, and food is no exception. Costs vary by country and city, but here’s a practical overview:

• Breakfast is usually included with hotels—and it’s hearty! You’ll be well set up for the day.
• Lunch: Expect to pay $15–$40 USD per person for a casual meal, often at a café or local restaurant.
• Dinner: A typical casual dinner (entrée, maybe an appetizer or dessert, a glass of wine) starts at $60–$80 USD per person. Fine dining or special occasions will cost more; simple meals (like a hot dog in Reykjavik or fish soup in Bergen) will cost less.
• Gratuity is not expected in Scandinavia. For details, see our tipping guide.

Want more on Scandinavian dining? See Visit Norway’s dining guide.

FAQ: Paying and Currency in Scandinavia

• What currency do they use in Sweden? Sweden uses the Swedish krona (SEK), not the euro.
• Does Norway use the euro? No, Norway uses the Norwegian krone (NOK).
• Do I need cash in Scandinavia? Mostly no, but a small amount of local currency can be useful for small purchases.
• Are credit cards accepted everywhere in Scandinavia? Nearly everywhere! Just make sure your card has no foreign transaction fees.
• Can I use US dollars in Scandinavia? No—local currencies only (see above for each country).

Ready for a Hassle-Free Scandinavian Vacation?

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