Definition of "krone" []

  • See Table at currency. (noun)
  • See Table at currency. (noun)
  • The standard monetary unit of Denmark, the Faeroe Islands, and Greenland, divided into 100 øre (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

  • The standard monetary unit of Norway, divided into 100 øre (noun) (c) HarperCollins Publishers Ltd 2016

Use "krone" in a sentence
  • "The krone is now rapidly sinking towards the central parity rate, which has "previously acted as a ceiling in terms of how much the Danish central bank would allow the krone to weaken," said Nordea analysts in a research note."
  • "The krone is still uncomfortably weak, testing the central bank's tolerance for movement within its permitted band against the euro."
  • "While other countries 'central banks have cut their interest rates to support economic growth in recent weeks, Denmark's central bank was forced to raise its key rate to 5.5% from 5% on Oct. 24 to prop up the Danish currency, the krone, which is pegged to the euro."