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A crown is a unit of currency used in Norway, ... Some countries use another symbol for it like Íkr, -, Kč. ... Replaced Danish krone.
The krone (lit. "crown") has existed as early as 1513 as a unit of account worth 8 marks. In more general use until 1813, however, was a krone or schlecht daler worth 2 ⁄ 3 rigsdaler, 4 marks, or 64 skilling. [8] [9] [10] The modern-day krone was introduced as the currency of Denmark in January 1875.
Several countries use currencies which translate as "crown": the Czech koruna, the Norwegian krone, the Danish krone, the Icelandic króna, and the Swedish krona. [ 7 ] At present, the euro is legal tender in 20 out of 27 European Union member states, [ 8 ] in addition to 6 countries not part of the EU ( Monaco , San Marino , Vatican City ...
The value of the Norwegian krone compared to other currencies varies considerably from one year to another, mainly based on changes in oil prices and interest rates. In 2002 the Norwegian krone grew to record high levels against the United States dollar and the euro. On 2 January 2002, 100 kroner were worth US$11.14 ($1 = 8.98 kroner).
Denmark uses the krone as its currency and does not use the euro, having negotiated the right to opt out from participation under the Maastricht Treaty of 1992. In 2000, the government held a referendum on introducing the euro, which was defeated with 53.2% voting no and 46.8% voting yes.
The krona (Swedish: ⓘ; plural: kronor; sign: kr; code: SEK) is the currency of the Kingdom of Sweden.It is one of the currencies of the European Union.Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value.
All three countries still use the same currencies as during the monetary union, but they lost their peg, one to one, in 1914. The Icelandic króna is a derivative of the Danish krone, established after Iceland was elevated to a separate kingdom in union with Denmark in 1918. Iceland cut its ties to Denmark in 1944 and became a republic.
Countries that have made legal agreements with the EU to use the euro: Andorra, Monaco, San Marino, Vatican City; Countries that unilaterally use the euro: Montenegro, Kosovo; Currencies pegged to the euro: Cape Verdean escudo, CFA franc, CFP franc, Comorian franc, Bulgarian lev, Bosnia and Herzegovina convertible mark, São Tomé and Príncipe ...