5 Kroner coin
(top) and 20 Kroner coin (bottom) |
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Although Denmark is
member of the EU the country is not part of "Euro
Land". Visitors
therefore need the Danish currency "Kroner" for shopping and other expenses.
Also if you want to transfer money to or from Denmark to other
countries you need money exchange.
Some shops in
tourist areas and and larger cities like Copenhagen
and Århus might accept Euro or even Dollars, but
you can't count on it. In any case you will get a better exchange rate in a
bank than in the shops and most often you will need Danish money if
you want to shop in Denmark.
The Danish Currency
"Kroner" is closely connected to the European Monetary system and the exchange
rate is very stable towards Euro. Towards Dollar the Danish Kroner varies
much more.
For daily use you
can estimate that Euro and other currencies are equal to Danish Kroner
DKK according to the following table:
| EUR |
1
Euro |
equal
to |
7,45
kr. |
| USD |
1
US Dollars |
equal
to |
5,00
kr. |
| GBP |
1
Pound Sterling |
equal
to |
10,00
kr. |
| JPY |
1
Japanese Yen |
equal
to |
0,05
kr. |
| CHF |
1
Swiss Francs |
equal
to |
4,50
kr. |
| SEK |
1
Swedish Kronor |
equal
to |
0,80
kr. |
| NOK |
1
Norwegian Kroner |
equal
to |
0,95
kr. |
| ISK |
1
Icelandic Kronur |
equal
to |
0,08
kr. |
| RUB |
1
Russian Rouble |
equal
to |
0,20
kr. |
More exact exchange
rates are updated every day on the homepage of the Danish
National Bank in Copenhagen.
Note that banks in
Denmark are closed Saturday and Sunday.
Most credit cards can be used to get cash in Denmark but in general
international credit cards are less used in Denmark compared with many
other countries. The reason is that a national card "DanKort" is widely
spread and far more used than any other card in Denmark.
The most commonly
used credit card in Denmark is VISA. Among other common cards is MasterCard.
Less used are cards like American Express.
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