Danish Krone

DKK | Danish Krone
  • Although Denmark is a member state of the European Union, it did not join the Eurozone, and its national currency is the Danish Krone (similarly to Greenland).
  • Krone was introduced in 1873 as part of the Scandinavian Monetary Union (founding members: Denmark and Sweden), to which union Norway also joined in 1875. The union was dissolved in 1914, but each of the three countries decided to preserve Krone as their national currency.
  • 1 Krone is sub-divided into 100 Ø, the expression means “gold coin”.
  • Although the major political parties favour the introduction of the euro, the population rejected joining the Eurozone in a referendum held in 2000.
Country uses Danish Krone:
  • Denmark