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New rounding rules


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New rounding rules


Read about the rounding rules as from 1 October 2008, i.e. rounding to the nearest amount divisible by 50 øre.

When the 25-øre coin is taken out of circulation, new rounding rules will apply. As from 1 October 2008, amounts are to be rounded to the nearest amount divisible by 50 øre. Consequently, amounts ending in .01 to .24 are to be rounded down to the nearest whole krone. Amounts ending in .25 to .74 are to be rounded to .50, and finally amounts ending in .75 to .99 are to be rounded up to the nearest whole krone.

The new rounding rules will apply to cash payments only. Payments using the Dankort or another debit card should be for the exact amount, i.e. without any rounding. The latter also applies in connection with electronic payments, e.g. via the Internet.

Rounding af amounts in øre.  Applies to cash payments from 1 October 2008




Last update: 06/23/2010
 
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Royal Danish Mint
Solmarksvej 5
DK - 2605
Brøndby
Denmark
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