The krone is the currency of Denmark . Krone is also the currency of the autonomous provinces of Greenland and the Faroe Islands. The plural form of the Denmark currency is "kroner". One krone is divided into 100 ore. Denmark currency currently exchanges with American dollars at a rate of about USD 0.18 per krone (March 2007).
The coins of the Denmark currency have been minted by the Danish National Bank. At the time of the introduction of the Denmark currency, the coins were minted in denominations of 1, 2, 5, 10 and 25 ore and 1, 2, 10 and 20 kroner. The 1, 2 and 5 ore were minted in bronze metal while the 10 and 25 ore and 1 and 2 kroner coins were minted in silver metal. Moreover, the 10 and 20 kroner were minted in gold metal. But later in 1916, the production of gold coins was stopped. From 1919, the 10 and 20 kroner are started minted in silver metal. Iron was substituted for bronze in the years of 1918 and 1919. In 1920, cupro-nickel 10 and 25 were introduced, followed by aluminium-bronze ½, 1 and 2 krone coins in 1924.
In 1941, zinc 1, 10 and 25 ore and aluminum 2 and 5 ore coins were introduced in Denmark. Again in 1942 zinc 2 and 5 ore were also introduced. The ½ and 2 kroner coin appellatives were withdrawn. Aluminium-bronze 2 kroner were reintroduced in 1947, followed by cupro-nickel 10 and 25 ore the next year. In 1960, the 5 kroner coin was introduced and the production of 2 kroner coins ceased. 1 and 2 ore coins were not issued after 1972 but 10 kroner coins were introduced in 1979. 5 and 10 ore coins ceased production in 1988. Nowadays, 1, 2, 5, and 10 ore coins are no longer legal in Denmark.
