Danish West Indian daler
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The daler (also written dollar) was the currency of the Danish West Indies between 1849 and 1917. It replaced the rigsdaler. No subdivisions were issued until 1859, although a variety of coins were countermarked for use on the islands. In 1859, coins denominated in cents were introduced, with 100 cents = 1 daler.
In 1904, two new denominations were introduced, the bit and franc. The four units were related as 5 bits = 1 cent, 100 bits = 20 cents = 1 franc, 100 cents = 5 francs = 1 daler. Coins were issued each denominated in two units, bits and cents, francs and cents, or francs and daler. Banknotes were issued denominated in francs. Text on the reverse of these banknotes gave the value in Danish krone and øre, with 1 franc = 72 øre.
The daler was replaced by the US dollar when the Danish West Indies became the US Virgin Islands.
