The term "krone" refers to the currency used in several countries, including Denmark and Norway. In these nations, the krone is subdivided into 100 ore. The symbol for the Danish krone is "DKK," while the Norwegian krone is represented as "NOK." The word "krone" also means "crown" in Danish and Norwegian, reflecting its historical significance as a royal currency. The krone has been in use since the late 19th century and is an essential part of the economies in these countries, influencing trade and financial transactions.