'cross coins') minted by Harald Bluetooth in the late 10th century. The oldest known Danish coin is a penny ( penning) struck AD 825–840, but the earliest systematic minting produced the so-called korsmønter ( lit. The coin to the left is Swedish and the right one is Danish. Two golden 20-kroner coins from the Scandinavian Monetary Union, with identical weight and composition. Adoption of the euro is favoured by some of the major political parties however, a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Formerly there were more øre coins, but those were discontinued due to inflation. Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin (one half of a krone). One krone is subdivided into 100 øre ( Danish pronunciation: singular and plural), the name øre is probably derived from the Latin word for gold. Historically, krone coins have been minted in Denmark since the 17th century. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Both the ISO code "DKK" and currency sign "kr." are in common use the former precedes the value, the latter in some contexts follows it. code: DKK) is the official currency of Denmark, Greenland, and the Faroe Islands, introduced on 1 January 1875. ![]() The krone ( Danish pronunciation: plural: kroner sign: kr. Special banknotes are issued for use on the Faroe Islands – see Faroese króna
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