this post was submitted on 24 May 2024
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Privacy
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They can pry my kroner from my cold dead hands!
But seriously, you're right. What makes it even stranger is that the value of kroner is pegged at 746,038 kroner pr. 100 euro. Which, basically, is just euros with extra steps.
It's more related to the fact that once you join the Eurozone (ERM II) there's no way to take it back, and for some reason this resonates negatively with Danish people. AFAIK there's been opinion polls the suggest that a referendum on the matter would (still) not pass. Also AFAIK the Danish political agenda does not lean particularly for or against it otherwise, as you said, it's technically moot either way.
You do realize that Danish and Dutch are two entirely different people in two entirely different countries?
Ha ha, sorry, I'm having an early morning moment. I've kept talking about Dutch instead of Danish, I'll fix it.
There's a lot more to sovereign monetary policy than currency exchange rates, such as the capital controls being exercised here
I was trying to find information about this restriction. It seems it applies to cash and relates to Danish banks' ability to implement AML controls. https://www.nationalbanken.dk/en/what-we-do/notes-and-coins/exchange-of-danish-cash-abroad