Nobel Peace Prize - Awarding The Prize

Awarding The Prize

The Chairman of the Norwegian Nobel Committee presents the Nobel Peace Prize in the presence of the King of Norway on 10 December each year (the anniversary of Nobel's death). The Peace Prize is the only Nobel Prize not presented in Stockholm. The Nobel laureate receives a diploma, a medal and a document confirming the prize amount. As of 2009, the prize was worth 10 million SEK (about US$1.4 million). Since 1990, the Nobel Peace Prize Ceremony is held at Oslo City Hall.

From 1947 to 1989, the Nobel Peace Prize ceremony was held in the Atrium of the University of Oslo Faculty of Law, a few hundred metres from Oslo City Hall. Between 1905 and 1946, the ceremony took place at the Norwegian Nobel Institute. From 1901 to 1904, the ceremony took place in the Storting (Parliament).