 | ||
Øre (plural øre, [ˈøːɾə]) is the centesimal subdivision of the Norwegian and Danish krones. The Faroese division is called the oyra, but is equal in value to the Danish coin. Before their discontinuation, the corresponding divisions of the Swedish krona and the Icelandic króna were the öre and the eyrir, respectively. In all five languages, the name derives from the Latin aureus, a gold coin worth 25 denarii.
The Norwegian 10-øre coin was announced deprecated on 23 February 1992 and ceased to be legal tender the next year. Since 1993, the only Norwegian coin in use with a value below NOK 1 was the 50-øre coin, which was also deprecated on 1 May 2012. The original value were the 1-, 2-, 5-, 10- 25 and 50-øre coins.
The Danish 25 øre coin ceased to be legal tender on 1 October 2008. The only Danish coin currently in use with a value below DKK 1 is the 50 øre.
