Krone/ˈkrəʊnə/ Definition 1 of 1Pro Tip 1/3Regional Currency The krone is specific to Scandinavian countries, not used globally. When in Sweden, you'll pay with Swedish krona, not euros. Pro Tip 2/3Subunit Øre One krone is divided into 100 øre, similar to dollars and cents. The price is 5 kroner and 50 øre. Pro Tip 3/3Exchange Rates Krone value varies; check current exchange rates when converting money. I need to check how many kroner I'll get for my ten dollars.