The term "øre" refers to a unit of currency used in several countries, particularly in Norway and Denmark. In Norway, the øre was a subdivision of the krone, with 100 øre making up one krone. However, it is no longer in circulation as of 2012, when the country phased it out. In Denmark, the øre is still used as a subunit of the krone, with 100 øre equaling one krone. The coins come in various denominations, including 1, 2, 5, 10, and 25 øre. While the coins are still minted, they are rarely used in everyday transactions.