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The offer to load in Norwegian kroner or in local currency is called "dynamic currency conversion" in English, or dynamic currency conversion into Norwegian. If you choose the Norwegian krone, you do not receive Norwegian banknotes when you withdraw money, but it is also the ATM that determines the exchange rate you get on the spot.
choose your own currency
– We are wasting more than $ 1 billion a year to choose the amounts transferred to the Norwegian krone overseas, "says Anders Fagereng, general manager of the portal of Dinero.no consumers
as soon as you leave the ATM Determine the exchange rate on the spot, clear the exchange rate that the card payment provider can provide. In Norwegian cards, Visa and MasterCard are the main payment providers, and these offer better rates than if you opt for a dynamic currency conversion.
– Visa and MasterCard exchange rates are closest. According to Dinero.No's currency analysis over time, the MasterCard and Visa courses are all the same, says Fagereng.
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