Information about currency: Greenlandic Rigsdaler
|Currency name||Greenlandic Rigsdaler|
|Dates||1803 - 1874|
1 Rigsdaler = 96 Skilling
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.
In 1803, the Kongel. Grønlandske Handel introduced notes in denominations of 12 and 24 skilling, 1⁄2 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, 1⁄4, 1⁄2, 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.