Glossary Term

DKK

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DKK is the ISO abbreviation for the currency of Denmark, Greenland and the Faroe Islands, the Danish krone. The krone subdivides into 100 øre and is pegged to the euro at a ratio of 7.5 krone to 1 Euro. Even though the country is part of the EU, it has not yet adopted the euro. In a referendum held on the 28th of September 2000, 53.2% of Danish voters elected to keep the krone.

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