Greenlandic rigsdaler
Encyclopedia
The rigsdaler was the currency of Greenland
Greenland
Greenland is an autonomous country within the Kingdom of Denmark, located between the Arctic and Atlantic Oceans, east of the Canadian Arctic Archipelago. Though physiographically a part of the continent of North America, Greenland has been politically and culturally associated with Europe for...

 until 1874. It was equal to the Danish rigsdaler
Danish rigsdaler
The rigsdaler was the name of several currencies used in Denmark until 1873. The similarly named Reichsthaler, riksdaler and rijksdaalder were used in Germany and Austria-Hungary, Sweden and the Netherlands, respectively....

 which circulated in Greenland alongside distinct banknotes from 1803.

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
Danish rigsdaler
The rigsdaler was the name of several currencies used in Denmark until 1873. The similarly named Reichsthaler, riksdaler and rijksdaalder were used in Germany and Austria-Hungary, Sweden and the Netherlands, respectively....

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.
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