ENCYCLOPEDIA 4U .com



Encyclopedia Home Page

Google
  Web Encyclopedia4u.com

 

Danish krone

Krone is the name of the currency used in Denmark. The Faroe Islands and Greenland are Danish dependencies and also uses the Danish Krone. The plural form is kroner and one krone is divided in to 100 řre, singular and plural. The ISO 4217 code is DKK.

The introduction of the krone as the legal tender in Denmark, 1873 and was a result of the Scandinavian Monetary Union, which lasted until World War I. The parties to the monetary union was the Scandinavian countries of Sweden and Denmark from the start, with Norway joining two years later.

The name of the currency was Krone in Denmark and Norway, and Krona in Sweden, which in English literally means Crown. After dissolution of the monetary union Denmark, Norway and Sweden all decided to keep the name of their respective and now separate currencies.

See also: Norwegian Krone, Swedish Krona, Icelandic Króna, Estonian Kroon, Czech Koruna





Content on this web site is provided for informational purposes only. We accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities.



Copyright © 2005 Par Web Solutions All Rights reserved.
| Privacy

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Danish krone".