When was the last chance to use or deposit the banknotes into my account?
Until 31 May 2025, you could use the banknotes as usual in stores and for private transactions or deposit them in your own bank.
From 1 June 2025 to 31 May 2026 you will only be able to deposit older banknotes and 1000-krone banknotes into your account via Danmarks Nationalbank’s banknote exchange points.
Danmarks Nationalbank has opened three banknote exchange points in Aarhus, Odense and Copenhagen. The banknotes that has become invalid can be exchanged here until 31 May 2026. That is up to one year after the banknotes became invalid as a means of payment in shops and banks.
Read more about this opportunity under the next question: What happens if I did not have time to use or deposit the banknotes into my account by 31 May 2025?
What happens if I did not have time to use or deposit the banknotes into my account by 31 May 2025?
The banknotes are now invalid as a means of payment and cannot be used in stores or deposited in your own bank.
Individuals and businesses who have not had the chance to deposit their cash in their bank accounts, exchange them or use them in the shops before 31 May 2025 can hand in the banknotes to Danmarks Nationalbank’s three banknote exchange points in Aarhus, Odense and Copenhagen.
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 opened three banknote exchange points in Aarhus, Odense and Copenhagen respectively. The banknotes that has become invalid can be exchanged here until 31 May 2026. That is up to one year after the banknotes became invalid as a means of payment.
Indløsning af kontanter kræver fysisk fremmøde, udfyldelse af skriftlig erklæring og fremvisning af billedlegitimation. Det vil ikke være muligt at sende kontanter til Nationalbanken, og andre kan ikke indløse sedlerne for dig.
Can I keep some of the older banknotes if I want to?
You are welcome to keep the older banknotes and 1000-krone banknotes as collectibles. However, you should be aware that the banknotes cannot be deposited after 31 May 2026 and will thus loose their 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 opened three banknote exchange points in Aarhus, Odense and Copenhagen respectively. The banknotes that are now invalid can be exchanged here until 31 May 2026. That is up to one year after the banknotes became invalid as a means of payment.
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 amount will be converted to a currency other than Danish kroner, which may incur an exchange fee. The exchange fee is not covered by Danmarks Nationalbank.
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.