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Greenlandic Rigsdaler
The rigsdaler was the currency of Greenland until 1874. It was equal to the Danish rigsdaler which circulated in Greenland alongside distinct banknotes from 1803. History Before 1813, the ''rigsdaler courant'' was subdivided into 96 ''skilling''. In 1813, the rigsdaler courant was replaced by the ''rigsbanksdaler'' at a rate of 6 rigsdaler courant = 1 rigsbanksdaler, with the rigsbanksdaler subdivided into 96 ''rigsbank skilling''. In 1854, the names were changed to the ''rigsdaler'' and ''skilling rigsmønt''. In 1874, the kroner was introduced, at a rate of 2 kroner = 1 rigsdaler. See Danish rigsdaler for a more detailed history. Banknotes In 1803, the ''Kongelige grønlandske Handel'' introduced notes in denominations of 12 and 24 skilling, and 1 rigsdaler courant. The next year, the ''Handelsstederne i Grønland'' took over the issuance of paper money and introduced notes for 6 and 12 skilling, , , 1 and 5 rigsdaler courant. In 1819, following the currency reform, notes were ...
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Greenland
Greenland ( kl, Kalaallit Nunaat, ; da, Grønland, ) is an island country in North America that is part of the Kingdom of Denmark. It is located between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. Greenland is the world's largest island. It is one of three constituent countries that form the Kingdom of Denmark, along with Denmark and the Faroe Islands; the citizens of these countries are all citizens of Denmark and the European Union. Greenland's capital is Nuuk. Though a part of the continent of North America, Greenland has been politically and culturally associated with Europe (specifically Norway and Denmark, the colonial powers) for more than a millennium, beginning in 986.The Fate of Greenland's Vikings
, by Dale Mackenzie Brown, ''Archaeological Institute of America'', ...
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Danish Rigsdaler
The rigsdaler was the name of several currencies used in Denmark until 1875. The similarly named Reichsthaler, riksdaler and rijksdaalder were used in Germany and Austria-Hungary, Sweden and the Netherlands, respectively. These currencies were often anglicized as rix-dollar or rixdollar. History Several different currency systems have been used by Denmark from the 16th to 19th centuries. The ''krone'' (lit. "crown") first emerged in 1513 as a unit of account worth 8 marks. The more generally used currency system until 1813, however, was the Danish ''rigsdaler'' worth 1 ''krone'' (or ''schlecht daler''), 6 marks, or 96 '' skilling''. The Danish ''rigsdaler'' used in the 18th century was a common system shared with the silver reichsthalers of Norway, Hamburg and Schleswig-Holstein. The currency system consisted of the Reichsthaler specie (''Rigsdaler specie'') worth 120 ''skillings'' in Denmark and Norway, and the lower-valued ''Rigsdaler courant'' worth th of specie or 96 ''skill ...
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Greenlandic Krone
The Greenlandic krone ( kl, koruuni, da, grønlandsk krone) was a planned currency for Greenland, plans of which were abandoned in 2009. The same name is often used for currency issued during Greenland's time as a Danish colony. The name ''krone'' is derived from the Danish krone, introduced in an 1873 currency reform that replaced Danish ''mark'' and ''skilling''. Currently, the Danish krone circulates in Greenland. The Greenland krone was not intended to be an independent currency but a version of the Danish krone. Consequently, it was not intended to have its own ISO 4217 currency code, but to use the same ISO 4217 code as the Danish krone, which is DKK. Even if the currency had been adopted, the (regular) Danish krone would have continued to circulate separately. History As in Denmark, the krone replaced the rigsdaler in 1874 at a rate of 2 kroner = 1 rigsdaler. All issues of the krone in Greenland have been equivalent in value to the Danish krone. During the last part ...
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Economy Of Greenland
The economy of Greenland is characterized as small, mixed and vulnerable. Greenland's economy consists of a large public sector and comprehensive foreign trade. This has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from the Kingdom Government. GDP per capita is close to the average for European economies, but the economy is critically dependent upon substantial support from the Danish government, which supplies about half the revenues of the Self-rule Government, which in turn employs 10,307 Greenlanders out of 25,620 currently in employment (2015). Unemployment nonetheless remains high, with the rest of the economy dependent upon demand for exports of shrimp and fish. Historical development Except for an abortive royal colony established under Major Claus Paarss between 1728 and 1730, colonial Greenland was administered by companies under royal charter until 1908. Hans Egede's Ho ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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Currencies Of North America
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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1874 Disestablishments
Events January–March * January 1 – New York City annexes The Bronx. * January 2 – Ignacio María González becomes head of state of the Dominican Republic for the first time. * January 3 – Third Carlist War – Battle of Caspe: Campaigning on the Ebro in Aragon for the Spanish Republican Government, Colonel Eulogio Despujol surprises a Carlist force under Manuel Marco de Bello at Caspe, northeast of Alcañiz. In a brilliant action the Carlists are routed, losing 200 prisoners and 80 horses, while Despujol is promoted to Brigadier and becomes Conde de Caspe. * January 20 – The Pangkor Treaty (also known as the Pangkor Engagement), by which the British extended their control over first the Sultanate of Perak, and later the other independent Malay States, is signed. * January 23 **Prince Alfred, Duke of Edinburgh, second son of Queen Victoria, marries Grand Duchess Maria Alexandrovna of Russia, only daughter of Tsar Alexander III of Russ ...
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