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The end of the 1000 DKK banknote


Denmark’s National Bank has decided to take out from circulation the Danish banknote with the highest value. When? 31st May 2025. You have one year and a half to use them or change them into smaller bills. Why? It’s mostly used for financial crime. They are phasing it out to prevent money laundering. There are 23 billion DKK of 1000 DKK banknotes in circulation. 

Narcis George Matache
Narcis George Matache
Executive Editor and Founder of "Last Week in Denmark".

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