5 Kroner Stord Herad

Stord Herad was one of dozens of Norwegian municipalities forced to issue emergency notes following the German occupation in April 1940, when the disruption to banking supply chains left local authorities without adequate small change. These kommunale sedler were a direct consequence of occupation-era hoarding — coins and Norges Bank notes disappeared into mattresses and stockrooms almost immediately after the invasion.

Stord, a coastal municipality in Hordaland, had practical reasons to act quickly: the local shipyard and associated industries meant a working population that needed to be paid in usable denominations. The note circulated locally and was redeemed after the war under the postwar currency settlement.