Danish Krone

Danish Krone

Danish Krone overview

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

1 DKK to USD exchange rates chart

DKK to  exchange rates chart

Danish Krone news

The best currency for an independent Scotland would be Norway’s krone

Scotland’s referendum debate has so far centred mainly on practical issues and medium-term choices like currency, new entities’ share of public debt, and membership of the EU. Far less has been said about…

19 days conditional neutral
I Stayed At The World's "Most Remote Hotel" & The Middle Of Nowhere Is Stunning

Wander or Bust is an Elite Daily travel series that follows young women all over the globe to record their journeys as they experience the thrill of the far-flung and unknown. They'll track their budgets, where they stay, where they eat and drink,…

about 1 month indicative positive

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