The rigsdaler was the currency of Greenland until 1874. It was equal to the Danish rigsdaler which circulated in Greenland alongside distinct banknotes from 1803.
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History
Before 1813, the rigsdaler courant was subdivided into 96 skilling. In 1813, the rigsdaler courant was replaced by the rigsbanksdaler at a rate of 6 rigsdaler courant = 1 rigsbanksdaler, with the rigsbanksdaler subdivided into 96 rigsbank skilling. In 1854, the names were changed to the rigsdaler and skilling rigsmønt. In 1874, the kroner was introduced, at a rate of 2 kroner = 1 rigsdaler. See Danish rigsdaler for a more detailed history.
Banknotes
In 1803, the Kongel. Grønlandske Handel introduced notes in denominations of 12 and 24 skilling, ½ and 1 rigsdaler courant. The next year, the Handelsstederne i Grønland took over the issuance of paper money and introduced notes for 6 and 12 skilling, ¼, ½, 1 and 5 rigsdaler courant. In 1819, following the currency reform, notes were introduced in denominations of 6, 12 and 24 skilling and 1 rigsbankdaler. These were replaced in 1856 by notes for the same amounts but in the new denominations of skilling rigsmønt and rigsdaler.
See also
References
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801-1991, 18th ed., Krause Publications. ISBN 0-87341-150-1.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues, Colin R. Bruce II and Neil Shafer (editors), 7th ed., Krause Publications. ISBN 0-87341-207-9.
