Banknotes and coins in figures


At end-2017, the value of banknotes and coins in circulation was kr. 70.8 billion, which is a decrease of kr. 0.2 billion in 2017. The number of banknotes increased from kr. 172.4 million in 2017 to kr. 176.5 million in 2018.

​​​​​The number of registered counterfeit banknotes fell from 554 in 2017 to 349 in 2018. Of these, 290
were found in circulation.

Banknotes in circulation 2018

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

Kr. million
​31,140​20,381​6,717​4,538​1,282​64,695
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 2018 kr. 443.6 million) and 20-, 10- and 5-krone banknotes (at 31 December 2018 kr. 192.4 million)
 
Coins in circulation 2018
​20-kr.​10-kr.​5-kr.​2-kr.​1-kr.​50-øre​Total

Kr. million​
​2,580​1,231
614

547

369
​191​6,098
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. 53.8 million), 200-krone commemorative coins (kr. 98.1 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.