Danish Krone in Macedonian Denar

DKK Danish Krone

Country of application:
Denmark, Greenland, Faroe Islands

Coin denominations in circulation:
20, 10, 5, 2, 1 krone, as well as 50 ore.

Denominations of banknotes in circulation:
1,000, 500, 200, 100 and 50 kroons.

History reference:
The Danish krone is the national currency of Denmark, which is also used in Greenland and the Faroe Islands. The Kingdom of Denmark is a community of states and self-governing territories united unde...r a constitutional monarchy, which consists of three autonomous entities: Denmark, Greenland and the Faroe Islands. The Danish currency is pegged to the euro at a fixed exchange rate of 7.4 kroons to 1 euro, which is expected to be maintained until the country joins the eurozone. The Danish currency is used for cash payments and wire transfers in Greenland. It is also in circulation in the Faroe Islands at a 1:1 local krone exchange rate.

MKD Macedonian Denar

Country of application:
North Macedonia

Coin denominations in circulation:
1, 2, 5, 10, 50 denars.

Denominations of banknotes in circulation:
10, 50, 100, 200, 500, 1000 denars.

History reference:
The Macedonian dinar (denar) has been the national currency and money of the Republic of North Macedonia since 1992 after the collapse of Yugoslavia. A year later, in 1993, a denomination was carried... out in the ratio of 1 new denar to 100 old ones. The name dinar comes from the name of the ancient Roman monetary unit, the denarius. On September 8, 1991, it declared independence and seceded from Yugoslavia. The Macedonian denar as a national currency was introduced on April 26, 1992, first in the form of temporary coupons, and a year later in the form of the first full-fledged issue of coins and banknotes of dinars. The coupons indicated only the denomination without the name of the monetary unit, since the law on the Macedonian currency had not yet been adopted. The coupons were printed on low-quality, low-security paper purchased in Slovenia. The circulation was printed by the printing house "October 11" (Prilep). The design of coupons was developed by an employee of the Prilep printing house within a week.