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Crown (currency)

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A crown is a unit of currency used in Norway, Sweden, Denmark (including the Faroe Islands and Greenland), Iceland, and the Czech Republic.

Alternative names

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"Crown", or its equivalent in other languages, is derived from the Latin word corona. The symbol for crown is usually "kr". Some countries use another symbol for it like Íkr, -, Kč.[citation needed]

The local name for "crown" depends on the official language of the country.[citation needed]

Current use

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Historical use

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Current use of a currency called crown

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Country Currency Period Notes
 Czech Republic Czech koruna 1993–present Replaced Czechoslovak koruna.
 Denmark Danish krone 1873–present Replaced Danish rigsdaler
 Faroe Islands Faroese króna 1949–present Form of Danish krone.
 Greenland Greenlandic koruuni 2008–present Form of Danish krone.
 Iceland Icelandic króna 1922–present Replaced Danish krone.
 Norway Norwegian krone 1875–present Replaced Norwegian speciedaler. [1]
 Sweden Swedish krona 1873–present Replaced Swedish riksdaler [1]

Historical use of a currency called crown

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Country Currency Period Notes Ref
 Austria Austrian krone 1918–1925 Replaced by Austrian schilling.
 Austrian Netherlands Austrian Netherlands kronenthaler 1755–1794 Replaced by the French franc
 Austria-Hungary Austro-Hungarian krone 1892–1918 Replaced by Austrian krone and Hungarian korona.
 Protectorate of Bohemia and Moravia Bohemian and Moravian koruna 1939–1945 Replaced by Czechoslovak koruna.
 Czechoslovakia Czechoslovak koruna 1919–1939; 1945–1993 Replaced by Czech koruna and Slovak koruna. [2]
 Estonia Estonian kroon 1928–1940; 1992–2011 Soviet rouble used in-between. Replaced by euro.
 Free State of Fiume Fiume krone 1919–1920 Replaced by Italian Lira
 Hungary Hungarian korona 1919–1926 Abandoned due to inflation. Replaced by Hungarian pengő.
 Liechtenstein Liechtenstein krone 1898–1921 Replaced by Liechtenstein franc
 Slovakia Slovak koruna 1939–1945; 1993–2008 Replaced by euro.
 Kingdom of Yugoslavia Yugoslav krone 1918–1920 Replaced by Yugoslav dinar

See also

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References

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  1. ^ a b Wigglesworth, Robin (27 August 2024). "The krone conundrum: Welcome to the crown show". FT.com. Retrieved 2 November 2024.
  2. ^ Kirchner, Jonathan (2020). Currency and Coercion: The Political Economy of International Monetary Power. Princeton University Press. pp. 246–247. ISBN 9780691222226.