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Main article: "Denmark and the euro

Denmark has not introduced the "euro, following a rejection by "referendum in 2000, but the Danish krone is pegged closely to the euro in "ERM II, the EU's exchange rate mechanism. Denmark borders one eurozone member, "Germany, and one EU member, "Sweden, which is legally obliged to join the euro in the future (though "Sweden maintains that joining ERM II is voluntary, thus avoiding euro adoption for the time being).

Faroe Islands and Greenland[edit]

Faroese króna and "Greenlandic krone

"The Faroe Islands uses a localized, non-independent version of the Danish krone, known as the "Faroese króna pegged with the Danish krone at par, using the Danish coin series, but have their own series of distinct banknotes, first being issued in the 1950s and later modernized in the 1970s and the 2000s.

"Greenland adopted the Act on Banknotes in Greenland in 2006 with a view to introducing separate Greenlandic banknotes. The Act entered into force on 1 June 2007. In the autumn of 2010, a new Greenlandic government indicated that it did not wish to introduce separate Greenlandic banknotes and "Danmarks Nationalbank ceased the project to develop a Greenlandic series. Still, Greenland continues to use Danish kroner as sole official currency. Historically, "Greenland under the colonial administration issued distinct banknotes between 1803 and 1968, together with coins between 1926 and 1964 (see "Greenland rigsdaler and "Greenland krone).

Coins[edit]

Alloys and colour scheme[edit]

""
A "tin-"bronze "50-øre coin
""
""
An "aluminium bronze 10-kroner coin (2011- series)

The design of the coin series is intended to ensure that the coins are easy to distinguish from each other:

The series is therefore divided into three sequences, each with its own metal colour. This division into colours has its roots in history. In earlier times, the value of the coins was equivalent to the value of the metal from which they were minted: gold was used for the coins of the highest denominations, silver for the next-highest, and copper for the lowest coin denominations. This correlation between colour and value has been retained in the present coin series (see examples to the right). The 50-øre coins are thus minted from copper-coloured bronze, the 1-, 2- and 5-krone coins from a silver-coloured cupronickel alloy, and the 10- and 20-krone coins from golden aluminium bronze.

The coins differ in terms of size, weight and rim. Within each sequence the diameter and weight of the coins increase with their value. The 50-øre and 10-krone coins have smooth rims, while the rims of the 1- and 5-krone coins are milled. The rims of the 2- and 20-krone coins have interrupted milling. The 1-, 2- and 5-krone coins have a hole in the middle. Use of these various characteristics makes it easy for the blind and sight-impaired to tell the coins apart.

Currently circulated coins
Value Technical parameters Description
Diameter Thickness Mass Composition Edge Obverse Reverse
"50-øre 21.5 mm 1.55 mm 4.3 g "Tin-"bronze Smooth "Crown of King Christian V  Heart
(symbol of the Royal Mint)
"1-kr. 20.25 mm 1.6 mm 3.6 g "Cupronickel
75% Cu, 25% Ni
Milled "Monogram of
Queen Margrethe II
 
Traditional design (holed)
2-kr. 24.5 mm 1.8 mm 5.9 g Interrupted milling
5-kr. 28.5 mm 2 mm 9.2 g Milled
10-kr. 23.35 mm 2.3 mm 7 g "Aluminium bronze
92% Cu, 6% Al, 2% Ni
Smooth "Queen Margrethe II "The national coat of arms
20-kr. 27 mm 2.35 mm 9.3 g Interrupted milling
For table standards, see the "coin specification table.

Commemoratives and thematic coins[edit]

Commemorative coins of Denmark

The coins of the programme have the same size and metal composition as the regular coins of their denomination.

The first series, 20-krone coins featuring towers in Denmark, ran between 2002 and 2007 and spawned ten different motifs. Upon selecting the towers, importance had been attached not only to display aesthetic towers, but also towers with different form, functions and from different regions of Denmark, the Faroe Islands and Greenland. The last coin depicting the "Copenhagen City Hall was issued in June 2007, marking the end of the series. A second series of 20-krone coins, starting in 2007 with twelve different planned motifs and ten already released by November 2011, shows Denmark as a maritime nation in the world, featuring iconic Danish, Faroese and Greenlandic ships and like the previous series of tower coins, the series reflect various landmarks in shipbuilding in the three countries.

In 2005, Danmarks Nationalbank issued the first in a series of five 10-krone commemorative coins with motifs from "Hans Christian Andersen's fairy tales. The motifs depicted on the coins were chosen to illustrate various aspects and themes central to the fairy tales with the fifth and final fairy tale coin inspired by "The Nightingale being issued on 25 October 2007.[11] In 2007, as the fairy tale series ended, a second series of three 10-krone commemorative coins was introduced, celebrating the "International Polar Year. Featuring motifs of a polar bear, "the Sirius Sledge Patrol and the "Aurora Borealis, the coins aimed to accentuate scientific research in the backdrop of Greenlandic culture and geography. The third and final coin entitled 'Northern Lights' marked the completion of the series in 2009.[12]

Banknotes[edit]

Banknotes of Denmark, 1972 series; "Banknotes of Denmark, 1997 series; and "Banknotes of Denmark, 2009 series

Most Danish banknotes (with a few exceptions) issued after 1945 are valid as payment. Banknotes has since 1945 been issued with the values: 5 kroner, 10 kroner, 20 kroner, 50 kroner, 100 kroner, 200 kroner, 500 kroner & 1000 kroner.

Bridge series[edit]

The process of designing the 'Bridge' banknotes was initiated in 2006 by the Danish National Bank.[13] The theme of the new banknotes is Danish bridges and the surrounding landscapes, or details from these landscapes. Danish artist Karin Birgitte Lund has chosen to interpret this theme in two ways: bridges as links between various parts of Denmark and as links between the past and the present. The present is represented by the bridges, the past by five distinctive prehistoric objects found near the bridges. Among the new security features is a window thread ("Motion") with a moving wave pattern. Another feature is a new, sophisticated hologram that reflects light in different colors. The new banknotes also have the traditional security features such as the watermark and the hidden security thread.

Banknotes of Denmark, 2009 series
Image Value Dimensions Main color Description Date of
Obverse Reverse Obverse Reverse Watermark first printing issue
""DKK 50 obverse (2009).jpg ""DKK 50 reverse (2009).jpg 50 kroner 125 × 72 mm Purple "Sallingsund Bridge Skarpsalling "vessel Denomination and "Skuldelev Viking Ship in "Roskilde Fjord 2009 11 August 2009
""DKK 100 obverse (2009).jpg ""DKK 100 reverse (2009).jpg 100 kroner 135 × 72 mm Orange/Gold "Little Belt Bridge Hindsgavl "dagger 2010 4 May 2010
""DKK 200 obverse (2009).jpg ""DKK 200 reverse (2009).jpg 200 kroner 145 × 72 mm Green "Knippelsbro Langstrup "belt plate 2010 19 October 2010
""DKK 500 obverse (2009).jpg ""DKK 500 reverse (2009).jpg 500 kroner 155 × 72 mm Blue "Queen Alexandrine Bridge Keldby bronze "pail 2011 15 February 2011
""DKK 1000 obverse (2009).jpg ""DKK 1000 reverse (2009).jpg 1000 kroner 165 × 72 mm Red "Great Belt Bridge "Trundholm Sun Chariot 2011 24 May 2011
These images are to scale at 0.7 pixels per millimeter. For table standards, see the "banknote specification table.

Nicknames[edit]

Within context, some of the banknotes have figurative meanings with the 100-krone note sometimes referred to as a hund (dog) shortening the word hundrede (a hundred). The 500-krone note can be referred to as a plovmand (ploughman) because previous circulations of the note featured a picture of a man with a plough and the 1000-krone note, too, can be referred to as a tudse (toad) taken from a wordplay on the word tusinde meaning a thousand. The 1000-krone note may also be referred to as an egern (squirrel) because of previous circulations of the note featuring a squirrel["citation needed].

Exchange rates[edit]

Current DKK exchange rates
From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD INR SEK NOK
From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD INR SEK NOK
From XE: AUD CAD CHF EUR GBP HKD JPY USD INR SEK NOK
From OANDA: AUD CAD CHF EUR GBP HKD JPY USD INR SEK NOK
From fxtop.com: AUD CAD CHF EUR GBP HKD JPY USD INR SEK NOK

See also[edit]

Footnotes[edit]

  1. ^ Danish Inflation at Four-Decade Low After Economy Stagnates - Bloomberg
  2. ^ "Monetary and exchange-rate policy". www.nationalbanken.dk. Retrieved 13 June 2016. 
  3. ^ a b c d e "History of Danish coinage". Denmarks Nationalbank. Archived from the original on 2012-07-30. Retrieved 12 April 2012. 
  4. ^ Øre - "Ordbog over det danske Sprog. Access date: 2 July 2012.
  5. ^ "Folkeafstemning om euroen den 28. september 2000" (in Danish). Folketinget. 8 August 2006. Retrieved 24 September 2012. 
  6. ^ Gullbekk, Svein H. (2014), "Vestfold: A Monetary Perspective on the Viking Age", Early Medieval Monetary History: Studies in Memory of Mark Blackburn, Studies in Early Medieval Britain and Ireland, Farnham: Ashgate, p. 343 
  7. ^ Brita Malmer, Nordiska mynt före år 1000 (1966). Jens Christian Moesgaard, Hvorfor er der så få enkeltfund af Harald Blåtands mønter? (2009).
  8. ^ Meyers Großes Konversations-Lexikon, vol. 11. Leipzig 1907, p. 732 (online verfügbar); accessed Oktober 29, 2013
  9. ^ "Global Financial Data". Global Financial Data. Archived from the original on 2007-09-29. Retrieved 2009-02-06. 
  10. ^ Barsøe, Frederik (20 December 2016). "Today Ends a 1000 Year Old Tradition". bt.dk (in Danish). Berlingske Media. Retrieved 20 December 2016. 
  11. ^ Fairy Tale coins
  12. ^ Polar coins
  13. ^ www.banknotenews.com

External links[edit]

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