The National Bank (Nationalbanken) has announced that Danes still have 1,000 krone notes worth 8 billion Danish kroner in circulation. These notes must be exchanged by May 31, 2025, when the current 1,000 krone notes will become invalid. A significant amount has already been handed in; in May alone, the National Bank received 1,000 krone notes worth a total of 1.3 billion kroner. In total, the National Bank has now received 12.8 billion kroner in these notes. It was on November 30 last year that the National Bank announced that several note series would become invalid from 2025. Despite many notes already being handed in, there are still 8 billion kroner in 1,000 krone notes that have not yet been exchanged. The National Bank predicts that the amount of 1,000 krone notes handed in will decrease as the deadline approaches.
The old note series from 1944, 1952, 1972, and 1997 are still valid means of payment today, but they will, like the 1,000 krone note, lose their validity on May 31, 2025. After that, only notes from the 2009 series onwards can be used, excluding the 1,000 krone note, which will be completely phased out. The phasing out of the old note series paves the way for a new generation of cash. A new note series is expected to be launched between 2028 and 2029. Over 75,000 people have already given their input to the National Bank’s questionnaire about the new note series, where they have assessed possible motifs and made suggestions. Three themes have been selected for the upcoming 50, 100, 200, and 500 krone notes: sea, flowers, and everyday life. Among the selected figures who may appear on the new notes are the author Tove Ditlevsen with the novel “Barndommens Gade,” designer and architect Arne Jacobsen, astronomer Tycho Brahe, and authors H.C. Andersen and Benny Andersen.