Banknotes and coins in figures
At end-2012, the value of banknotes and coins in circulation was kr. 65.1 billion, a small increase on 2011. The number of banknotes in circulation increased to 166 million in 2012 from 161 million in 2011.
The number of registered counterfeit banknotes fell from 864 in 2011 to 437 in 2012. 404 of the counterfeits registered were found in circulation; the rest are typically found in connection with police searches. In an international context, counterfeiting of Danish banknotes remains very limited in 2012.
Banknotes in circulation 2012
Note: End of year.
Banknotes in circulation as stated on Danmarks Nationalbank's balance sheet furthermore includes the special banknotes in circulation on the
Faroe Islands (at 31 December 2012 kr. 358 million) and 20-, 10- and 5-krone banknotes (at 31 December 2012 kr. 195 million)
Coins in circulation 2012
Note: End year
The figure for coins in circulation on Danmarks Nationalbank's balance sheet includes 3,000-krone gold coins (kr. 7 million), 1,000-krone gold coins (kr. 15 million), 500-krone silver coins (kr. 32 million), 200-krone commemorative coins (kr. 101 million), and 100-krone Polar coins (kr. 7 million) at end-December 2012. Note the 25-øre is no longer encashable effective 1 October 2011.
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.