End of
period

Stock of
gold

Foreign
assets

Assets
deposited
with the
European
Monetary
Institute

Special
Drawing
Rights
(SDRs)

Reserve
position
in IMF¹⁾

Total
(gross)

Foreign
liabilities

Total
(net)²⁾

Kr. million

1987

4 858

54 078

3 777

1 301

1 065

65 079

710

64 369

1988

4 595

59 063

10 454

1 542

2 167

77 821

1 582

76 239

1989

4 340

33 180

4 625

1 850

2 213

46 208

1 304

44 904

1990

3 720

52 707

5 200

1 246

1 807

64 680

1 361

63 319

1991

3 464

38 588

2 814

1 430

2 155

48 451

3 888

44 563

1992

3 456

63 540

2 757

528

2 975

73 256

28 292

44 964

1993

4 339

62 818

4 947

580

2 876

75 560

790

74 770

1994

3 790

44 658

3 460

1 107

2 616

55 631

1 537

54 094

1995

3 531

53 577

4 521

880

3 297

65 806

2 200

63 606

1996

3 652

73 624

4 979

997

3 601

86 853

1 634

85 219

1997

3 331

115 844

4 790

2 291

4 310

130 566

876

129 690

1996 Jan.

3 498

64 834

4 934

880

3 297

77 443

614

76 829

Feb.

3 504

64 183

4 934

904

3 297

76 822

335

76 487

March

3 513

73 384

4 934

904

3 422

86 157

555

85 602

April

3 481

84 321

5 435

904

3 414

97 555

666

96 889

May

3 495

79 252

5 435

921

3 414

92 517

1 282

91 235

June

3 497

75 356

5 435

921

3 414

88 623

2 084

86 539

July

3 479

70 827

5 214

921

3 482

83 923

1 846

82 077

Aug.

3 479

67 857

5 214

940

3 463

80 953

2 331

78 622

Sept.

3 483

72 248

5 214

942

3 463

85 350

1 409

83 941

Oct.

3 494

77 439

4 938

942

3 505

90 318

1 616

88 702

Nov.

3 502

73 952

4 938

963

3 480

86 835

1 819

85 016

Dec.

3 506

73 200

4 938

963

3 480

86 087

1 633

84 454

1997 Jan.

3 665

83 190

5 394

997

3 510

96 756

459

96 297

Feb.

3 672

82 274

5 394

1 375

3 485

96 200

465

95 735

March

3 672

81 025

5 394

1 375

3 422

94 888

480

94 408

April

3 665

88 587

5 032

1 372

3 422

102 078

261

101 817

May

3 674

95 066

5 032

1 912

3 422

109 106

269

108 837

June

3 686

96 659

5 032

1 882

3 335

110 594

554

110 040

July

3 677

99 333

4 712

1 944

3 335

113 001

601

112 400

Aug.

3 680

99 377

4 712

1 965

3 335

113 069

815

112 254

Sept

3 683

105 639

4 712

1 908

3 578

119 520

1 220

118 300

Oct.

3 693

123 675

4 783

1 796

3 578

137 525

1 386

136 139

Nov.

3 712

117 081

4 778

1 529

3 578

130 678

1 880

128 798

Dec.

3 718

114 392

4 778

2 186

4 037

129 111

875

128 236

Note: The annual figures are from the annual accounts of Danmarks Nationalbank. The monthly figures (also at end-December) are from the monthly balance sheets.
¹⁾ Denmark's quota (latest raise in November 1992 to SDR 1,070 million) less IMF holdings of Danish kroner. Value adjustment on the basis of the SDR rate at the time of compilation.
²⁾ As a result of exchange-rate adjustments the foreign-exchange reserve declined by kr.1,501 million in 1987, increased by kr.3,178 million in 1988, declined by kr.3,675 million in 1989, by kr.3,147 million in 1990, increased by kr.2,082 million in 1991, by kr.1,529 million in 1992, by kr.4,965 million in 1993, declined by kr.7,715 million in 1994, by kr.3,841 million in 1995, increased by kr.765 million in December 1996 and by kr.1,454 million in December 1997.