Danish Krone to Norwegian Krone

The Danish krone (international symbol: kr, code: DKK ,number: 208) is the official currency of Denmark effective since 1873.The crone is subdivided into 100 era coins. The banknotes issued since 1945 are still in circulation.

The Danish currency is pegged to the euro at a fixed exchange rate of 7.4 krones for 1 euro, which is supposed to be preserved until the country joins the Eurozone. The Danish currency is used for cash payments and non-cash transfers in Greenland. It is also in circulation on the Faroe Islands, at the exchange rate for local crowns of 1: 1.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.