The Netherlands is part of the EU, darling. Norway isn’t. Also the exchange rate isn’t as steady so if fish is local then it’ll keep the same price in Icelandic kroner but the price for a tourist will vary because you convert the price to your own currency in your head when you travel.
Norway may not be EU but Norway is Schengen, so trade wise it’s the same.
Yeah I do convert the prices in my head, but the currency does not fluctuate so much that in the morning a beer is super expensive and in the evening fish is cheap. When I was there I was there twice for 3 days. There’s no hyper inflation in Iceland so when I compare 2 products, I bought them on the same day, maybe 1 day apart and the currency should be stable enough to barely fluctuate compared to the euro during that time.
We dont use the Euro. We pay the same price day to day in nok for local goods and get charged the same price in euros for imported goods. So if the krone drops in value compared to the Euro, the price in nok goes up. So someone could come to Norway when the crown was strong and the locally produced fish would seem very expensive compared to imported meat. Or come when the krone was weak against the Euro and think the fish was really cheap. Im not saying the price would fluctuate significantly day to day but it stands to reason that you could regard the fish as cheap and someone visiting at a different time might think it’s expensive. Even if the price in isk is the same.
The Netherlands is part of the EU, darling. Norway isn’t. Also the exchange rate isn’t as steady so if fish is local then it’ll keep the same price in Icelandic kroner but the price for a tourist will vary because you convert the price to your own currency in your head when you travel.
Norway may not be EU but Norway is Schengen, so trade wise it’s the same.
Yeah I do convert the prices in my head, but the currency does not fluctuate so much that in the morning a beer is super expensive and in the evening fish is cheap. When I was there I was there twice for 3 days. There’s no hyper inflation in Iceland so when I compare 2 products, I bought them on the same day, maybe 1 day apart and the currency should be stable enough to barely fluctuate compared to the euro during that time.
We dont use the Euro. We pay the same price day to day in nok for local goods and get charged the same price in euros for imported goods. So if the krone drops in value compared to the Euro, the price in nok goes up. So someone could come to Norway when the crown was strong and the locally produced fish would seem very expensive compared to imported meat. Or come when the krone was weak against the Euro and think the fish was really cheap. Im not saying the price would fluctuate significantly day to day but it stands to reason that you could regard the fish as cheap and someone visiting at a different time might think it’s expensive. Even if the price in isk is the same.