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The skilling was the Scandinavian equivalent of the schilling or shilling. It was used as a subdivision of the Swedish riksdaler, the Danish rigsdaler, the Norwegian rigsdaler, and the Norwegian speciedaler.
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Denmark
From 1625 to 1873, one Danish skilling (pronounced [ˈsɡ̊elˀeŋ]) was equivalent to 1⁄96 of a rigsdaler. The word is still used colloquially for an unspecified but presumably low amount of money, sometimes modified to a very small amount ("lille skilling").
Sweden
During the 19th century, one Swedish skilling (pronounced [²ɧɪlːɪŋ]) was equivalent to 1⁄48 of a riksdaler. It was in usage between 1776-1855.
Norway
One Norwegian skilling (pronounced [²ʂilːiŋ]) was from 1816 equivalent to 1⁄120 of a speciedaler, before that 1⁄120 of a rigsdaler specie, or 1⁄96 of a rigsdaler courant. It was introduced in Norway early 16th century and cancelled 1875.