Banknotes and coins in figures


At end-2016, the value of banknotes and coins in circulation was kr. 70.9 billion, representing an increase of 1.0 per cent on 2015. The value of banknotes was kr. 64.5 billion at end-2016, while the total value of coins was kr. 6.0 billion.

​​​​​The number of registered counterfeit banknotes fell from 1,461 in 2015 to 880 in 2016. Of these, 859
were found in circulation. The remaining counterfeit banknotes are typically found in connection with police searches.

In an international context, counterfeiting of Danish banknotes remains very limited.

Banknotes in circulation 2016

​1000-kr.​500-kr.​200-kr.​100-kr.​50-kr.​Total

Kr. million
​34,803​17,286​6,353​4,626​1,253​64,915
Note*: End of year. Banknotes in circulation as stated on Danmarks Nationalbank's balance sheet furthermore includes the special banknotes in circulation on the Faroe Islands (at 31 December 2016 kr. 398,7 million) and 20-, 10- and 5-krone banknotes (at 31 December 2016 kr. 193,1 million)
 
Coins in circulation 2015
​20-kr.​10-kr.​5-kr.​2-kr.​1-kr.​50-øre​Total

Kr. million​
​2,546​1,204
601

542

366
​187​6,010
Note: The figures may not add up to the totals stated due to rounding.
Note**: End year. The figure for coins in circulation on Danmarks Nationalbank's balance sheet includes 3,000-krone gold coins (kr. 6.8 million), 1,000-krone gold coins (kr. 15.3 million), 500-krone silver coins (kr. 46.3 million), 200-krone commemorative coins (kr. 99.1 million), and 100-krone Polar coins (kr. 6.9 million) at end-December 2016.
 
Unlike coins, banknotes have a limited lifetime. To maintain a high quality of banknotes in circulation, the banknotes must be replaced before they become too worn or dirty. The lifetime of a banknote increases with its value, since small denominations are circulated faster than larger denominations and consequently worn faster. While a 50-krone banknote usually has to be replaced after around two to three years, the lifetime of a 1000-krone banknote is normally at least 10 years.