Which currency has been Denmark’s official monetary unit since 1875?

The Danish krone has been Denmark’s official currency since 1875.

The krone replaced the Danish rigsdaler as part of the Scandinavian Monetary Union, which Denmark joined with Sweden in 1873; Norway joined in 1875. The union linked the participating currencies to gold, although each country continued issuing its own notes and coins. The Danish krone survived after the union ended during the First World War.

The currency’s ISO code is DKK, and one krone is divided into 100 øre. Denmark is a member of the European Union but retains the krone under an opt-out from adopting the euro. Danish banknotes and coins are issued under the authority of Danmarks Nationalbank.

The name is easy to confuse with the Norwegian krone and Swedish krona. These currencies share historical roots, but they are separate units with different codes, central banks, exchange rates, and designs.