this post was submitted on 24 May 2024
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Danish banks have implemented significant restrictions on how Danish kroner (DKK) used outside Denmark can be repatriated back into Denmark.

Due to these circumstances, which are unfortunately beyond Mullvad’s control, Mullvad will no longer be able to accept DKK from its customers. We will continue to credit DKK received until the end of the month, but considering postal delays, it is best to stop sending it immediately.

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[–] vzq@lemmy.blahaj.zone 65 points 5 months ago (20 children)

Denmark not being part of the eurozone despite its central location is extremely funny to me. Like some monetary San Marino.

[–] nis@feddit.dk 58 points 5 months ago (5 children)

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.

[–] circuscritic@lemmy.ca 20 points 5 months ago* (last edited 5 months ago) (1 children)

There's a lot more to sovereign monetary policy than currency exchange rates, such as the capital controls being exercised here

[–] 018118055@sopuli.xyz 5 points 5 months ago

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

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