16/06/2010

Currency


The currency in Denmark is Danish Kroner (DKK), which is divided into 100 øre. The approximate exchange rate is DKK8 to £1. Danish kroner notes are issued in DKK 50, 100, 200, 500 and 1000 denominations. Coins are issued in units of 50 øre, and in DKK 1, 2, 5, 10 and 20. As 50 øre is the smallest coin, amounts lower, or between 25 and 50 øre will be rounded down or up accordingly, e.g. DKK 37.35 is DKK 37.50, and DKK 37.15 is Dkk 37.00 etc.

Denmark is not part of the EURO-monetary system although major shops may show prices both in Danish kroner and Euro (€). Euro is treated as foreign currency in line with, for instance, UK Sterling. Although some shops may agree to accept Euro as payment, they are not obliged to do so. Any change given may be in Danish kroner or Euro.


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