Banknotes and coins in figures

At end-2017, the value of banknotes and coins in circulation was kr. 71,0 billion, representing an increase of kr. 0.1 billion on 2016. The number of banknotes fell from 172.5 million in 2016 to 172.4 million in 2017..

​​​​​The number of registered counterfeit banknotes fell from 880 in 2016 to 531 in 2017. Of these, 525
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 2017


Kr. million
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 2017 kr. 446.560 million) and 20-, 10- and 5-krone banknotes (at 31 December 2017 kr. 193.5 million)
Coins in circulation 2017

Kr. million​


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. 52.6 million), 200-krone commemorative coins (kr. 98.6 million), and 100-krone Polar coins (kr. 6.8 million) at end-December 2017.
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.