The Family Tree of Money
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Danish krone

The story behind Danish krone.

Years
Under research
Where
Europe
Family
Other origins
Status
In use

The Icelandic króna became a separate currency when Iceland exited its monetary union with Denmark in 1922. This documents regional monetary succession; earlier local note issues are not treated as separate currency creation.1

A fuller story is under research.

Timeline

Currency code: DKK

  1. Timeline under research.

Coins and notes

Images are under research. Each image will carry its caption, collection credit and public-domain or CC0 license.

How do we know?

Danish rigsdaler → Danish krone

Documented account unit replacement · 1873–1875

Danish legislation changed the account unit from rigsdaler to krone; new gold coins became tender in 1874 and the accounting conversion followed in 1875. Only this local transition is asserted; other inputs and earlier stages may remain untraced.2

Verbatim source excerpt under research. The linked notes identify the source and passage supporting this connection.

Full connection evidence →

Successor connections

Complete evidence record →
Legal history and sources

The Icelandic króna became a separate currency when Iceland exited its monetary union with Denmark in 1922. This documents regional monetary succession; earlier local note issues are not treated as separate currency creation.1

Source notes

  1. Bjarni G. Einarsson, Kristófer Gunnlaugsson, Thorvardur Tjörvi Ólafsson and Thórarinn G. Pétursson · The long history of financial boom-bust cycles in Iceland, Part I (2015); reproduced in Ólafsson, Macrofinancial Linkages and Crises in Small Open Economies (2016)

    Dissertation chapter 2, section 2.3, p 70; original central-bank working paper68 p 10

  2. Danmarks Nationalbank · Working Paper 103, balance-sheet history

    Appendix, PDF pp.32–33, unit conversion and monetary-standard paragraphs

Full claim history and source register →

Cite this currency

“Danish krone.” The Family Tree of Money. Field Technologies, Inc. Data v49; accessed 14 October 2026.

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