Scandinavian Monetary Union
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 |
|---|
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.