When is the deadline for exchanging Danish banknotes that will become worthless?
31 May 2026 is the final day when you can exchange Danish 1000-krone and older-series banknotes at Danmarks Nationalbank's three banknote exchange points in Aarhus, Odense and Copenhagen. After that, the notes will be worthless.
Read more about how to deposit Danish banknotes the three banknote exchange points.
I do not have a Danish bank, can I send banknotes to Danmarks Nationalbank?
No, it is not possible to send banknotes to Danmarks Nationalbank.
Danmarks Nationalbank has three banknote exchange points in Aarhus, Odense and Copenhagen. Here you can exchange Danish banknotes that will become worthless up to and including 31 May 2026.
Exchanging banknotes at Danmarks Nationalbank's three exchange points requires personal attendance, completion of a written declaration and presentation of photo ID. Others cannot exchange the notes for you.
Can I keep some of the older banknotes if I want to?
You are welcome to keep Danish 1000-krone banknotes banknotes and Danish banknotes from older banknote series as collector's items. However, you should be aware that after 31 May 2026 you will not be able to exchange the banknotes and Danmarks Nationalbank will not consider them to have any value.
What does it mean to keep as collection’s item?
There are many people who collect banknotes. Older banknotes can therefore be interesting for some to keep in a collection. Older banknotes may also among collecters have a another value than the nominal value.
How do you know if an old banknote is worth a lot of money?
There can be many things that come into play – for example, the age, propagation, and condition of the banknote. If you are interested in getting a specific assessment, please contact an expert in the field, e.g. a coin dealer. Danmarks Nationalbank does not provide estimates of any total value.
As a collector of banknotes, is it possible to buy some of the older banknotes, when they reach Danmarks Nationalbank?
No, that is not possible.
Is it possible to exchange Danish banknotes and coins in Danmarks Nationalbank?
Damaged banknotes and coins must be exchanged via your own bank. Check your bank’s website to find out how it handles this.
Danmarks Nationalbank has three banknote exchange points in Aarhus, Odense and Copenhagen. Private individuals and companies can exchange Danish banknotes that will become worthless up to and including 31 May 2026. After 31 May, the notes will be worthless.
Read more about the banknote exchange points.
Please notice: It is not possible to exchange banknotes and coins at Danmarks Nationalbanks address at Langelinie Allé.
Can I exchange my older banknotes for another currency?
Invalid Danish banknotes will be deposited into your bank account, after which you can order another currency at your own bank.
Can I exchange my cash for smaller notes at Danmarks Nationalbank's exchange points?
Private individuals can exchange up to kr. 5,000 worth of invalid banknotes for new banknotes. You can also choose to have the money deposited in your bank account. Amounts greater than kr. 5,000 will be transferred to your bank account. After this, you can withdraw the money in cash at your bank or in ATMs.
If you exchange the money on behalf of a business, the money will always be transferred to a bank account.
What are Danmarks Nationalbank's requirements for depositing cash?
Exchanging banknotes via Danmarks Nationalbank's exchange points will be subject to anti-money laundering regulations and will therefore have documentation requirements.
Cash exchange requires physical attendance, completion of a written declaration and presentation of photo ID. It will not be possible to send cash to Danmarks Nationalbank and other people cannot exchange the banknotes for you.
You can see the specific requirements at www.forexvaluta.dk/invalid-banknotes.
Can I exchange my banknotes anonymously?
Cash is an anonymous means of payment, but when contacting Danmarks Nationalbank's three banknote exchange points, you will not be anonymous, as they comply with the anti-money laundering rules. Therefore, if you want to exchange invalid banknotes, there will be documentation requirements.
Exchange of invalid banknotes requires physical attendance, completion of a written declaration and presentation of photo ID. It will not be possible to send cash to Danmarks Nationalbank and other people cannot exchange the banknotes for you.
Do I have to pay a fee at Danmarks Nationalbank?
Danmarks Nationalbank and FOREX do not charge a fee for exchanging the banknotes that will become invalid.
If the money is to be transferred to your bank account, Danmarks Nationalbank will pay the amount 1 to 1 in Danish kroner without charging a fee. However, be aware that in some cases your local bank may charge a fee for receiving the money, which is not covered by Danmarks Nationalbank. The amount received may therefore be minus any fees from your own bank.
When transferring to a foreign account, the transaction is generally converted into a currency other than Danish kroner, which may involve exchange fees. Exchange fees and any transaction costs are borne by the recipient.
Frequently asked questions
Below you will find answers to the questions we most often receive in connection with the invalid Danish 1000-krone banknote and older banknote series. You will also find answers to questions regarding new banknotes and coins.