The introduction of the krone as the legal tender in Denmark, 1873 and was a result of the Scandinavian Monetary Union[?], which lasted until World War I. The parties to the monetary union was the Scandinavian countries of Sweden and Denmark from the start, with Norway joining two years later.
The name of the currency was Krone in Denmark and Norway, and Krona in Sweden, which in English literally means Crown. After dissolution of the monetary union Denmark, Norway and Sweden all decided to keep the name of their respective and now separate currencies.
See also: Norwegian Krone, Swedish Krona, Icelandic Króna, Estonian Kroon, Czech Koruna
Search Encyclopedia
|
Featured Article
|