The thousand-crown note retires on Saturday.
Berlingske-Denmark in Denmark
Saturday, May 31, 2025 • 4:02 AM UTC - in Denmark
If you wish to pay with thousand-crown bills in the country's stores, it is the last chance this Saturday.
The thousand-crown bills will become worthless after closing time. They can no longer be redeemed in the bank.
Danish Industry considers it good that the thousand-crown bills are going out of circulation. It makes shopping easier and safer for employees and stores.
- There is less payment with cash than before, and therefore the large bills have often caused some problems at the cash register, says Jacob Kjeldsen, director of DI Handel.
- We know that the large bills are also used to try to deceive the cashier, when trick thieves ask to buy a cheap lighter and then exchange their money, he adds.
Even though it is the last chance to burn the large bills this Saturday, they cannot be used to buy anything with thousand-crown notes.
Since June last year, stores have had the opportunity to refuse the thousand-crown bills when purchasing for less than 250 kroner.
In addition to the thousand-crown bills, there are also several other bills that are now invalid.
These are old bill series from 1944, 1952, 1972 and 1997.
- It is high time that we sent the old banknotes from the 40s to 1997 into retirement, so that the cashier in the store does not have to identify bills that are 2-3-4 times older than themselves, says Jacob Kjeldsen.
Even though the thousand-crown bills can no longer be used as a means of payment after May 31, it is still possible to exchange them for cash.
This must be done in one of the three special Forex exchange bureaus in Aarhus, Odense and Copenhagen, which offer to exchange them for valid bills.
The extended exchange opportunity is valid until May 31, 2026.
The latest report from the National Bank from April showed that there are still thousand-crown bills worth 1.7 billion kroner in circulation.
/ritzau/
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