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Øre (plural ''øre'', , ) is the centesimal subdivision of the Danish and
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 ''Ã ...
. 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 The krona (; plural: ''kronor''; sign: kr; code: SEK) is the official currency of the Kingdom of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it ...
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 DKr 1 is the 50 øre.


See also

* Heller (money) (subdivision of Czech and Slovak crowns) * Fillér (subdivision of Hungarian forint) * Other coin names that are derived from the gold of which they were once made: **
Florin The Florentine florin was a gold coin struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains (3.499 grams, 0.113 troy ounce) of nominally pure or 'fine' gold with a purcha ...
** Öre ** Guilder ** Zloty


References

Currencies of the Kingdom of Denmark Currencies of Norway {{Norway-stub