Definition

1. Noun:
   • The basic unit of money in Denmark: The "Danish krone" is the official currency of the Kingdom of Denmark. It is also used in the autonomous territories of Greenland and the Faroe Islands, where it is known as the Greenlandic krone and the Faroese krøna, respectively.

Usage Examples

• Noun:
  • The price of the souvenir was 50 Danish kroner.
  • You will need to exchange your euros for Danish krone upon arrival.
  • The Danish krone is often abbreviated as DKK.

Advanced Usage

• "Krone" as a term: The word "krone" itself means "crown" in Danish and other Scandinavian languages. The plural form is "kroner".
  • Historically, the value of the krone was linked to the gold standard.

Variants and Related Words

• Krone (n): The singular form of the currency unit.
• Kroner (n): The plural form of the currency unit.
• Øre (n): A subunit of the Danish krone, equivalent to 1/100 of a krone. The plural is "ører".

Synonyms

• DKK: The standard three-letter currency code for the Danish krone, used in international finance.
• Danish crown: A direct English translation of "dansk krone".

Related Phrases

• Exchange rate: The value of one currency for the purpose of conversion to another.
  • The exchange rate for the Danish krone against the euro is quite stable.

Noun

1. the basic unit of money in Denmark