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Danish krone
Danish coins and notes
Unit (DKK) Obverse Reverse
Coins
.25 Crown of Christian V Heart of the Royal Mint
.50 Crown of Christian V Heart of the Royal Mint
1 Monogram of Margrethe II Traditional design
2 Monogram of Margrethe II Traditional design
5 Monogram of Margrethe II Traditional design
10 Portrait of Margrethe II Small Coat of Arms
20 Portrait of Margrethe II Large Coat of Arms
Banknotes
50 Karen Blixen Centaur from Landet Church
100 Carl Nielsen Basillisk from Třmmerby Church
200 Johanne Luise Heiberg Lion from Viborg Cathedral
500 Niels Bohr Knight fighting a dragon from Lihme Church
1000 Anna and Michael Ancher Tournament from Bislev Church


The Danish krone is the currency used in Denmark and the Danish dependency of Greenland. While the Faroe Islands is also a dependency of Denmark, it has a separate currency called the Faroese Króna that is on a one to one parity with the Danish krone. The plural form is "kroner" and one krone is divided into 100 řre, singular and plural. The ISO 4217 code is DKK.

The krone was introduced as legal tender in Denmark in 1873, and was a result of the Scandinavian Monetary Union, which lasted until World War I. The initial parties to the monetary union were the Scandinavian countries of Sweden and Denmark, with Norway joining two years later.

The name of the common currency was the "krone" in Denmark and Norway, and the "krona" in Sweden, which literally means "crown" in English. After the dissolution of the monetary union Denmark, Norway, and Sweden all decided to keep the name of their respective and now separate currencies.

Denmark negotiated special "opt-outs" of the Maastricht Treaty that allowed the country to preserve the krone while the majority of the European Union adopted a common currency known as the Euro in 1999. A referendum held in 2000 reconfirmed the population's attachment to the krone. As of early 2004, the Liberal government of Anders Fogh Rasmussen was planning on holding another referendum on the adoption of the euro in the near future.

The krone is closely pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Before the advent of the euro, the krone was linked to the Deutsche Mark, thus keeping the krone stable at all times.



Danish currency
Banknotes: 50 | 100 | 200 | 500 | 1000
Coins: .25 | .50 | 1 | 2 | 5 | 10 | 20
Faroese: 50 | 100 | 200 | 500 | 1000


Krones

Czech Koruna | Danish krone | Estonian Kroon | Faroese Krona | Icelandic Króna | Norwegian krone | Slovak Koruna | Swedish Krona

Formerly used Krones include: Austro-Hungarian krone

Scandinavian Monetary Union


Pre-Euro Currencies
Joined 1999: Austrian schilling | Belgian franc | Dutch guilder | Finnish markka | French franc | German mark | Irish pound | Italian lira | Luxembourg franc | Portuguese escudo | Spanish peseta
Joined 2001: Greek drachma
Joined ERM II: Danish krone | Estonian kroon | Lithuanian litas | Slovenian tolar
Will join: Cypriot pound | Czech koruna | Hungarian forint | Latvian lat | Maltese lira | Polish zloty | Slovak koruna
edit this box (http://en.wikipedia.org/w/index.php?title=Template:PreEuroCurrencies&action=edit)




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This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License

 

 
Page topic: Danish krone