DK BANKNOTES AND COINS One of Danmarks Nationalbank’s objectives is to promote safe payments. This is done by ensuring that the quality of the security and design features of banknotes and coins is so high that people have confidence in them. Danmarks Nationalbank has a monopoly on producing banknotes and coins in the Kingdom of Denmark. Originally, the King was responsible for manufacturing money, but with the establishment of ‘Nationalbanken i Kjøbenhavn’ as a private limited company in 1818, this monopoly was transferred to the bank. Nevertheless, Danish coins still bear a reference to the Crown with motifs such as the royal crown, the national coat of arms, the Queen’s monogram and portraits of the royal family. Danmarks Nationalbank decides which motifs to put on Danish banknotes and coins. Society’s demand for new banknotes and coins has been falling for some years. The latest figures from 2019 show that only 16 per cent of payments in physical stores today are cash payments. In 2014, Danmarks Nationalbank therefore decided to initiate a process to discontinue the internal printing of banknotes and minting of coins in the course of 2016. Here you can see a film about the production of banknotes, coins and medals at Danmarks Nationalbank (in Danish) as it was done up to 2016. Published 20 May 2020 READ MORE FAQ on the exchange of withdrawn banknotes and coins Press release: Mint of Finland to continue producing Danish coins from 2021 Press release: The new supplier of Danish banknotes has been chosen Mint of Finland has been chosen to produce Danish coins starting in 2017 BANKNOTES AND COINS THAT ARE LEGAL TENDER Coins All coins issued after 1875 with a value of 50 øre and upwards are still legal tender and can be exchanged for new coins. The 25-øre coin ceased to be legal tender on 1 October 2008. Encashment of the 25-øre coin was possible until 1 October 2011. Banknotes All banknotes issued after 1945 are still legal tender and can be exchanged for new banknotes. It is up to retailers themselves whether they are willing to accept old banknotes and coins. Exchange your old banknotes CONTACT INFO Danmarks Nationalbank Langelinie Allé 47 2100 Copenhagen Ø Phone: +45 33 63 63 63 E-mail: kommunikation@nationalbanken.dk CVR nr: (VAT) 61092919 EAN nr: 5798 0098 10700 FIND FAQ Search our publications and articles Accessibility statement (in Danish only) SUBSCRIBE TO NEWS SERVICE Danmarks Nationalbank´s News service delivers news regarding market information, new publications and key data. Subscribe News service. You can always unsubscribe from News service. News as RSS Feed © Danmarks Nationalbank Privacy policy and Cookie policy