The price of things produced in Norway are tied to the strength of nok, things produced in Iceland are tied to the strength of isk and things produced in the Eurozone is tied to the strength of the euro. Iceland only produces fish, sheep, root vegetables and bananas. So the price of those things will remain stable to people who live in Iceland whereas imported stuff will cost more or less based on the relationship between isk and euro. A tourist paying a set price in isk for a serving of rotten shark might think it’s expensive relative to a steak imported from the EU if the exchange rate is such that you get more Icelandic kroner for your euro. If the exchange rate is such that you get fewer kroner for your euro the rotten shark will seem pretty expensive. Because despite the price of the rotten shark being exactly the same in isk, its more expensive in euros.
But to take your example, the price of Hansa, Ringnes, Mack, and Dahls is about the same but Heineken and hoegaarden have gone up in nok despite paying the same price in euro. But Norway isn’t a great example tbh because the prices are set by a cartel of 4 large companies who are prone to price gouging.
That would mean all prices would go up or down, not just fish. It’s not like fish is connected to the strength of the nok, but bread and beer are not.
The price of things produced in Norway are tied to the strength of nok, things produced in Iceland are tied to the strength of isk and things produced in the Eurozone is tied to the strength of the euro. Iceland only produces fish, sheep, root vegetables and bananas. So the price of those things will remain stable to people who live in Iceland whereas imported stuff will cost more or less based on the relationship between isk and euro. A tourist paying a set price in isk for a serving of rotten shark might think it’s expensive relative to a steak imported from the EU if the exchange rate is such that you get more Icelandic kroner for your euro. If the exchange rate is such that you get fewer kroner for your euro the rotten shark will seem pretty expensive. Because despite the price of the rotten shark being exactly the same in isk, its more expensive in euros.
But to take your example, the price of Hansa, Ringnes, Mack, and Dahls is about the same but Heineken and hoegaarden have gone up in nok despite paying the same price in euro. But Norway isn’t a great example tbh because the prices are set by a cartel of 4 large companies who are prone to price gouging.