GENERAL KNOWLEDGE

GK

CURRENCIES OF THE WORLD

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the national currency of Greenland(Denmark)?
A
Danish krone
B
Hong Kong dollar
C
Guernsey Pound
D
Guyanese dollar
Explanation: 

Detailed explanation-1: -The Danish krone (DKK) is the official currency of Denmark, Greenland, and the Faroe Islands. The krone has existed in some form in Denmark since the early 1600s, and today is pegged to the euro at a rate of 7.46, and is required to stay within a 2.25% band of that level.

Detailed explanation-2: -The official currency for the Kingdom of Denmark is the Danish Krone (DKK). The Krone is currently pegged to the Euro. The Krone is subdivided into 100 ore. The symbol for the Krone is kr.

Detailed explanation-3: -The Danish krone joined the Exchange Rate Mechanism II (ERM II) on 1 January 1999 and observes a central rate of 7, 46038 to the euro with narrow fluctuation margins of ±2.25%.

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