Danish krone exchange rate

Here you can watch how the Danish krone fluctuates on the market and when the Danish krone exchange rate is the best.

100 ore = 1 krone

Origin and history

Old Danish coins were called “korsmønter” issued by Harald Bluetooth in the late tenth century. The main mint was in Lund, but they were also minted in other important Danish cities of the time, such as Rosklide, Odense and Vilborg.

The value of the Danish krone was based on a silver standard, but over time its value began to deviate from the standard. This was done specifically to get more revenue for the king and the state. Therefore, the population began to distrust the existing currency.

The year 1873 saw the introduction of the New Krone, which circulated in the Scandinavian monetary union, which consisted of three countries, namely Denmark, Sweden and Norway. The word Krona means “Crown” in the national language of all three countries.

After the collapse of the Scandinavian monetary union, all the states that were in it kept the monetary unit name “Krona”. This gave rise to the Danish krone, the Swedish krone and the Norwegian krone.

Danish krone banknotes and coins

Currently, the Danish krone banknotes in circulation are 50, 100, 200, 500 ir 1000

Circulating coins are 50 ore (øre), 1, 2, 5, 10, 20 kroner.

You can follow Danish krone rate online at: www.valiuta24.lt

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