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Does Denmark use the euro?

EU member, own currency

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Short answer

No, the currency of Denmark is the Danish krone, not the euro. The EU Treaty lets Denmark stay outside the euro area even if it meets all the conditions, so Denmark is not obliged to adopt the euro. The krone has been part of the European exchange rate mechanism ERM II since 1 January 1999, at a central rate of 7.46038 kroner per euro. This keeps the krone very close to the euro, but prices and payments in Denmark are in kroner.

Danish kroner and euro

Why

  1. Denmark has an opt-out from the euro.
  2. The krone is pegged to the euro in ERM II.
  3. Euro coins and notes are not the local currency.

Details

Danish voters rejected joining the euro in a referendum on 28 September 2000.

Tip

Plan to pay in kroner or by card; amounts on receipts in Denmark are in DKK.

What may differ

With the opt-out, joining the euro is Denmark's own choice, so the situation can change in the future.

Common misconception

Because the krone follows the euro, the euro is an official currency in Denmark.

What actually happens

The krone is only linked to the euro by a fixed exchange rate; the euro is not legal currency in Denmark.

People also ask

  • Why is Denmark not in the euro?
  • What is the krone peg to the euro?
  • What currency does Denmark use?

Sources

This answer is for reference only. Payment rules, limits and fees change, so check the official sources or your bank before you pay.

Danish kroner and euro
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