Banknotes and coins in figures

At end-2011, the value of banknotes and coins in circulation was kr. 61.9 billion, largely unchanged from 2010. The number of banknotes in circulation declined from 163 million in 2010 to 161 million in 2011.

The number of registered counterfeit banknotes rose from 762 in 2010 to 864 in 2011. 410 of the counterfeits registered in 2011 were found in circulation; the rest are typically found in connection with searches. In an international context, counterfeiting of Danish banknotes remains very limited.


Banknotes in circulation 2011

	1000-kr.	500-kr.	200-kr.	100-kr.	50-kr.	Total
Kr. million	29,516	14,930	5,456	5,065	1,172	56,139

Note: End of year.

Coins in circulation 2011

	20-kr.	10-kr.	5-kr.	2-kr.	1-kr.	50-øre	25-øre	Total
Kr. million	2.437	1.236	682	523	517	171	-	5.567

Note: End of year.
Note: The figures may not add up to the totals stated due to rounding.


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 one and a half year, the lifetime of a 1,000-krone banknote is normally around five years.