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øre
Øre (plural ''øre'', ) is the centesimal subdivision of the Danish and Norwegian krones. The Faroese division is called the ''oyra'', but is equal in value to the Danish coin. Before their discontinuation, the corresponding divisions of the Swedish krona and the Icelandic króna were the öre and the eyrir, respectively. The name ''øre/öre'' derives from the Latin word ''aereus/aurum'', meaning gold. The Norwegian 10-øre coin was deprecated on 23 February 1992 and ceased to be legal tender in 1993. From then on, the only Norwegian coin in use with a value below NOK 1 was the 50-øre coin, which was also deprecated on 1 May 2012. The original value were the 1-, 2-, 5-, 10-, 25- and 50-øre coins. The Danish 25 øre coin ceased to be legal tender on 1 October 2008. The only Danish coin currently in use with a value below DKK 1 is the 50 øre. See also * Heller (money) (subdivision of Czech and Slovak crowns) * Fillér (subdivision of Hungarian Forint) * Other coin names ...
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Norwegian Krone
The krone (, abbreviation: kr (also NKr for distinction); code: NOK), plural ''kroner'', is currency of the Kingdom of Norway (including Svalbard). Traditionally known as the Norwegian crown in English. It is nominally subdivided into 100 ''øre'', although the last coins denominated in øre were withdrawn in 2012. The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn. Norwegians spent 14.1 billion NOK on border shopping in 2015 compared to 10.5 billion NOK spent in 2010. Border shopping is a fairly common practice amongst Norwegians, though it is seldom done on impulse. Money is spent mainly on food articles, alcohol, and tobacco, in that order, usually in bulk or large quantities. This is due to considerably ...
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Twenty-five øre (Danish Coin)
The twenty-five øre coin was a coin of the Danish krone. It was the lowest-denomination coin in the country when it was demonetised on 1 October 2008. History Silver coin The denomination was first introduced on the decimalisation of the currency in 1874 as a 0.600 silver coin. It measured 17mm in diameter and 1.3mm in thickness, weighing 2.42g. Its obverse featured the portrait of King Christian IX of Denmark and the script ''KONGE AF DANMARK'' (King of Denmark). The reverse featured the denomination and two dolphins. The last minting of this coin was 1905. The second silver twenty-five øre coin had its first issue in 1907, to the same specifications of the previous version. It featured the portrait of King Frederick VIII of Denmark as well as thicker writing on his script, which now read ''DANMARKS KONGE'' (Denmark's king). The reverse featured a fleur-de-lis pattern circling the outside. Its only other strike was in 1911. The next twenty-five øre coin, first issued in 191 ...
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Fifty øre (Danish Coin)
The fifty øre coin is the smallest-denomination coin of the Danish krone. Since the removal of the 25 øre coin in 2008, it has been the only Danish coin with a face value of under one krone. Design The design is almost identical to the 25 øre coin issued in 1991, the only differences being the face value of the coin and the size. History The first coin of the denomination of half of a krone was a ½ krone coin issued in 1924, measuring 20mm in diameter and 2mm in thickness. It featured on its obverse the monogram of King Christian X of Denmark, and the crown on the reverse. It was made of aluminium bronze and shared its design with the krone coin of the time. Its last minting was in 1940 and it was demonetised on 31 December 1942. The present fifty øre coin was introduced into circulation on 3 July 1989 after the demonetisation of the five and ten øre coins. Its obverse features the crown of King Christian V of Denmark. The coin is composed of a bronze of 97% copper, 2.5 ...
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Faroese Króna
The króna (plural: ''krónur''; sign: kr) is the currency of the Faroe Islands. It is issued by Danmarks Nationalbank, the central bank of Denmark. It is not a separate currency, but is rather a local issue of banknotes denominated in the Danish krone, although Danish-issued coins are still used. Consequently, it does not have an ISO 4217 currency code and instead shares that of the Danish krone, ''DKK''. This means that in the Faroe Islands, credit cards are charged in Danish kroner. The króna is subdivided into 100 '' oyru(r)''. History When German forces invaded and occupied Denmark on 9 April 1940, the Danish krone was used in the Faroes. However, all exchange between the Faroes and Denmark halted as a result of the occupation, leaving one currency to develop in two markets independently of each other. On 31 May 1940, special Faroese banknotes were introduced. They consisted of Danish notes with a special stamp. These notes replaced unstamped Danish at par. From 14 Octob ...
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Guilder
Guilder is the English translation of the Dutch and German ''gulden'', originally shortened from Middle High German ''guldin pfenninc'' "gold penny". This was the term that became current in the southern and western parts of the Holy Roman Empire for the Fiorino d'oro (introduced in 1252). Hence, the name has often been interchangeable with ''florin'' ( currency sign ''Æ’'' or ''fl.''). The guilder is also the name of several currencies used in Europe and the former colonies of the Dutch Empire. Gold guilder The guilder or gulden was the name of several gold coins used during the Holy Roman Empire. It first referred to the Italian gold florin introduced in the 13th century. It then referred to the Rhenish gulden (florenus Rheni) issued by several states of the Holy Roman Empire from the 14th century. The Rhenish gulden was issued by Trier, Cologne and Mainz in the 14th and 15th centuries. Basel minted its own ''Apfelgulden'' between 1429 and 1509. Bern and Solothurn followed i ...
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öre
Öre () is the centesimal subdivision of the Swedish krona. In the Swedish language, the plural of ''öre'' is either ''öre'' or ''ören''. The name ''öre'' derives from the Latin word ''aereus/aurum'', meaning gold. The corresponding subdivisions of the Norwegian and Danish krones are called øre. History During the Middle Ages, the öre was a unit of Swedish currency equal to 1/8 of a ''mark'', 3 ''örtugar'' or either 24, 36 or 48 '' penningar'' (depending on the geographical area in which it was used). It was already a unit of account in the 11th century, but was not minted as a coin until 1522. This öre was withdrawn in 1776, but returned in 1855 as 1/100 of the riksdaler. The riksdaler was replaced by the ''krona'' in 1873 (one riksdaler equalling one krona), but ''öre'' remained the name of the minor unit. The last öre coin was withdrawn in 2010, but the centesimal subdivision is still used in non-cash contexts such as bank balances and cashless transactions, while ...
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Öre
Öre () is the centesimal subdivision of the Swedish krona. In the Swedish language, the plural of ''öre'' is either ''öre'' or ''ören''. The name ''öre'' derives from the Latin word ''aereus/aurum'', meaning gold. The corresponding subdivisions of the Norwegian and Danish krones are called øre. History During the Middle Ages, the öre was a unit of Swedish currency equal to 1/8 of a ''mark'', 3 ''örtugar'' or either 24, 36 or 48 '' penningar'' (depending on the geographical area in which it was used). It was already a unit of account in the 11th century, but was not minted as a coin until 1522. This öre was withdrawn in 1776, but returned in 1855 as 1/100 of the riksdaler. The riksdaler was replaced by the ''krona'' in 1873 (one riksdaler equalling one krona), but ''öre'' remained the name of the minor unit. The last öre coin was withdrawn in 2010, but the centesimal subdivision is still used in non-cash contexts such as bank balances and cashless transactions, whil ...
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Fillér
''Fillér'' () was the name of various small-denomination coins throughout Hungarian history. It was the subdivision of the Austro-Hungarian and the Hungarian korona, the pengő and the forint. The name derives from the German word (four). Originally it was the name of the four-kreuzer coin. Due to significant inflation that took place after the fall of communism, fillér coins are no longer in circulation. The last fillér coin, worth 50 fillér (0.5 forint) was removed from circulation in 1999. However, it continues to be used in calculations, for example in the price of petrol (e.g. 479.9 forint/litre), or in the prices of telephone calls. See also * Coins of the Austro-Hungarian krone * Coins of the Hungarian pengő * Coins of the Hungarian forint Hungarian forint coins ( hu, forint érmék) are part of the physical form of current Hungarian currency, the Hungarian forint. Modern forint coins (this name is used to distinguish them from pre-20th century forint coinage) ...
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Hungarian Forint
The forint (sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Between 2001 and 2022, inflation was in single digits, and the forint has been declared fully convertible. In May 2022, inflation reached 10.7% amid the war in Ukraine and economic uncertainty. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, although under the current government there is no target date for adopting the euro. History The forint's name comes from the city of Florence, where gold coins called '' fiorino d'oro'' were minted fro ...
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Slovak Koruna
The Slovak koruna or Slovak crown ( sk, slovenská koruna, literally meaning ''Slovak crown'') was the currency of Slovakia between 8 February 1993 and 31 December 2008, and could be used for cash payment until 16 January 2009. The ISO 4217 code was ''SKK'' and the local abbreviation was ''Sk''. The koruna was subdivided into 100 '' haliers'' (abbreviated as "hal." or simply "h", singular: ''halier''). The abbreviation is placed after the numeric value. Slovakia switched its currency from the koruna to the euro on 1 January 2009, at a rate of 30.1260 korunas per euro. In Slovak, the nouns ''koruna'' and ''halier'' both have two plural forms. "Koruny" and ''haliere'' appear after the numbers 2, 3 and 4 and in generic (uncountable) context, with ''korún'' and ''halierov'' being used after other numbers. The latter forms are genitive. Modern koruna In 1993, the newly independent Slovakia introduced its own koruna, replacing the Czechoslovak koruna at par. Coins In 1993, coins wer ...
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