Scandinavian Monetary Union
The Scandinavian Monetary Union was a monetary union formed by Denmark and Sweden on 5 May 1873, with Norway joining in 1875. It established a common currency unit, the krone/krona, based on the gold standard. It was one of the few tangible results of the Scandinavian political movement of the 19th century. The union ended during World War I.
Two golden 20 kr coins, with identical weight and composition. The coin to the left is Swedish and the right one is Danish. | |
| Unit | |
| Unit | krone/krona |
| Plural | kroner/kronor |
| Symbol | kr. |
| Denominations | |
| Subunit | |
| 1⁄100 | øre/öre |
| Plural | |
| øre/öre | øre/öre (singular and plural) |
| Coins | 1, 2, 5, 10, 25, 40, 50 øre 1, 2, 5, 10, 25 kroner |
| Demographics | |
| User(s) | Denmark Sweden Norway |
| Issuance | |
| Central bank | Danmarks Nationalbank, Skandinaviska Banken, Norges Bank, Sveriges Riksbank |
| Valuation | |
| Pegged with | Gold standard |
| This infobox shows the latest status before this currency was rendered obsolete. | |
| Part of a series on |
| Scandinavia |
|---|
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.