The official currency of Denmark is the Danish krone (DKK). The krone is subdivided into 100 øre. Denmark's currency has a rich history, dating back to the 19th century. The krone is known for its stability and is tied closely to the country's strong economic performance. The Danish central bank, Danmarks Nationalbank, is responsible for issuing the currency and managing monetary policy. The krone has also enjoyed a stable exchange rate against the euro, as Denmark has opted to remain outside the Eurozone, maintaining its own currency while engaging in various economic agreements with the EU.