History of Danish Krone
The currency system in Denmark came into existence in 1625 when rigsdaler was made the official currency of the country. It had 3 subunits to it namely mark, skilling and pfennig with a complex exchange among them i.e. 1 rigsdaler = 6 mark, 1 mark = 16 skilling, 1 skilling = 12 pfennig. This complex…