What is the currency of Denmark?

The currency of Denmark is the Danish krone. Its international currency code is DKK, its usual symbol is kr., and the word krone means “crown,” which is why it is sometimes called the Danish crown in English.

The modern krone was introduced on 1 January 1875, replacing the rigsdaler as part of the Scandinavian Monetary Union. Although that union later ended, Denmark retained the krone. One krone is divided into 100 øre, though inflation means the smallest commonly used coin is now 50 øre.

Denmark is a member of the European Union but has not adopted the euro. A referendum held in 2000 rejected euro adoption, with 53.2% voting to keep the krone. The currency nevertheless stays closely linked to the euro through the EU’s Exchange Rate Mechanism II.

Greenland and the Faroe Islands also use the Danish krone, although the Faroe Islands issues its own distinctive banknotes. The Swedish krona and Norwegian krone are separate currencies, despite their similar names and shared Scandinavian history.