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A crown is a unit of currency used in Norway, Sweden, Denmark (including the Faroe Islands and Greenland), Iceland, and the Czech Republic. Alternative names
It was traditionally known as the Norwegian crown in English; however, this has fallen out of common usage. It is nominally subdivided into 100 øre, although the last coins denominated in øre were withdrawn in 2012.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. [1]
The krona (Swedish: ⓘ; plural: kronor; sign: kr; code: SEK) is the currency of the Kingdom of Sweden.It is one of the currencies of the European Union.Both the ISO code "SEK" and currency sign "kr" are in common use for the krona; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value.
The krone (lit. "crown") has existed as early as 1513 as a unit of account worth 8 marks. In more general use until 1813, however, was a krone or schlecht daler worth 2 ⁄ 3 rigsdaler, 4 marks, or 64 skilling. [8] [9] [10] The modern-day krone was introduced as the currency of Denmark in January 1875.
The krone (alternatively crown; German: Krone, Hungarian: korona, Italian: corona, Polish: korona, Slovene: krona, Serbo-Croatian: kruna, Czech: koruna, Slovak: koruna, Romanian: coroană, Ukrainian: корона) was the official currency of Austria-Hungary from 1892 (when it replaced the gulden as part of the adoption of the gold standard) until the dissolution of the empire in 1918.
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In a currency, there is usually a main unit (base) and a subunit that is a fraction of the main unit. In some countries, there are multiple levels of subunits. In the former Ottoman Empire, 1 lira = 100 [kuruş] = 4000 para = 12000 [akçe].
The Austro-Hungarian gulden (), also known as the florin (German & Croatian), forint (Hungarian; Croatian: forinta), or zloty (Polish: złoty reński; Czech: zlatý; Ukrainian: золотий ринський), was the currency of the lands of the House of Habsburg between 1754 and 1892 (known as the Austrian Empire from 1804 to 1867 and the Austro-Hungarian Monarchy after 1867), when it was ...