Danish Krone to Swedish Krona — exchange rate

The Danish krone (kr.) is a currency issued and used for payment in Denmark. It is also an official currency on the Faroe Islands, and in an autonomous Danish region, Greenland.

It is abbreviated to DKK. Coins used for change are called øre. Every Danish krone has 100 øre. It became an official national currency in 1873. The coins of the present type have been minted since 1989. Only those notes issued after 1945 are accepted in payment. Interestingly, the Faroe Islands have their own krone, although it is not accepted in Denmark. Greenland, however, has not introduced its own currency, and still uses DKK.

The Swedish krona (kr) is the national currency spread and issued in Sweden. In the international currency arena, it is known as SEK. Until recently, 1 krona could be subdivided into 100 smaller coins – öre.

Today, due to inflation, öre is not circulating. The Swedish krona has come into use in 1873. The establishment of the Scandinavian Union was the reason for that. It existed for 5 years up until the World War I. The term “krona” in Scandinavian languages means “crown”. Despite the fall of the Union, Denmark and Norway also have the same names for their currencies.