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Denmark (DKK) Danish Kroner
The Danish Krone is made up of 100 øre. To pluralise krone, you simply add an
‘r’ on the end and it becomes kroner. The word ‘krone’ means crown and is also
the name of the currencies in the other Scandinavian countries. Danish krone
have been used in Denmark since 1873 and the country is in no hurry to move to
the Euro, unlike Germany, its southern neighbour which is a staunch supporter of
the unified currency across the E.U. When purchasing goods in Denmark, you would
normally see prices written with the initials ‘kr’ to indicate the relevant
price.
Currently in circulation
Coins in circulation at present include the 50 øre and 1, 2, 5, 10 and
20 kroner. Banknotes are in the denominations of 50, 100, 200, 500 and
1,000 kroner. On the front of the notes there are well known Danes from
history and the backs carry some interesting designs, often depicting
some weird mythological creatures. The banknotes which are now in use
were introduced in 1997. The 25 øre coin was taken out of circulation on
the 1st October 2008.
Exchange facilities and traveller’s cheques
Bureaux de change facilities are commonly found across the country.
Especially in the larger cities. As with most other countries, do shop
around for better commission deals. Remember that you may not tend to
secure such a good rate of exchange at airports as the exchange
facilities may be aware of the fact that they have a captive audience.
Traveller’s cheques are quite widely accepted, but may not be so
desirable in the smallest Danish towns. Taking US dollars may work out
to be the best option, although you will be able to exchange Pounds
sterling.
Using credit/debit cards
As Denmark is such an advanced and contemporary society, you will not
encounter any problems in using either credit or debit cards in the
country. Credit cards will be accepted by most large retailers,
especially visa and mastercard. You should also be able to use your
debit card in ATM machines, although it would pay to be mindful of any
charges that you may incur for their use here. Check with the card
provider before travelling. It may be prudent to take traveller’s
cheques or even currency itself beforehand.
Restrictions
This is a slightly confusing area as Denmark claims not to have any
restrictions on bringing money into or out of the country. However, on
closer inspection, this is not the case and you are advised to declare
amounts equivalent to 10,000 euros and over to customs officials. This
covers banknotes and traveller’s cheques.
Denmark: an overview
Denmark is an exceptionally tolerant society and it is reputed to offer
its citizens a high standard of living. Much of the country is on large
islands which lie to the east of the mainland, which is known as
Jutland. It is here that there is a border with Germany to the south.
The nation’s capital is wonderful Copenhagen and this city is truly
worth a visit. From its amazing theme park, Tivoli Gardens, which is
situated right in the middle of the city centre, to its beautiful and
unique architecture, this amazingly cosmopolitan city and country has
something to offer everybody and to keep bringing them back time and
again. Many people often forget that Denmark also includes the
antonymous regions of Greenland and the Faroe Islands.
Denmark is relatively expensive in comparison to much of Europe.
However, that said, it is still cheaper than other Scandinavian
countries who travel here for cheaper prices. In a typical restaurant a
not too fussy meal for two would probably end up costing you around £40
or $60.
