The Norwegian krone has recently fallen to its weakest level against the euro and dollar, with one euro costing nearly 12 kroner and one dollar almost 11 kroner.

This significant drop has made vacations abroad more expensive for Norwegians, as they now face higher costs for dining and shopping in Europe and the U.

S. Experts believe this weak krone may become the new normal, with many predicting that the purchasing power of Norwegians will not return to the levels seen a decade ago.

Factors contributing to the decline include global market instability, changes in oil prices, and inflation rates.

While this situation poses challenges for travelers, it benefits exporters who earn more from sales in foreign currencies.

Economists suggest that Norwegians should prepare for continued fluctuations in the currency market.