krone
/'krounə/
Definition
- Noun:
- The basic monetary unit of Denmark: The krone is the official currency of Denmark, subdivided into 100 øre.
- The basic monetary unit of Norway: The krone is also the official currency of Norway, subdivided into 100 øre.
Usage Examples
- Noun:
- The price of the souvenir was fifty Danish krone.
- She exchanged her euros for Norwegian krone at the airport.
- The krone has been the currency of Denmark since 1875.
Advanced Usage
- "The krone is pegged to the euro": This phrase describes the monetary policy where the value of the Danish krone is maintained within a narrow band relative to the euro.
- The Danish krone is pegged to the euro through the ERM II mechanism.
Variants and Related Words
- Kroner (n): The plural form of 'krone' used for both Danish and Norwegian currency.
- The hotel room costs five hundred kroner per night.
- Øre (n): A subunit of the krone, equal to 1/100th of a krone (used in both Denmark and Norway).
- The coin is worth ten øre.
Synonyms
- Crown: An English translation and historical synonym, reflecting the meaning of 'krone' (crown).
- The Danish crown is another name for the krone.
Notes on Different Meanings
- While 'krone' primarily refers to the modern Danish and Norwegian currencies, it historically referred to similar coinage in other Germanic regions (e.g., the German gold krone or the Swedish krona). The modern Swedish currency is the krona, a distinct but related term.
Noun
-
the basic unit of money in Denmark
-
the basic unit of money in Norway
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