Faroese Króna - Exchange With The Danish Krone

Exchange With The Danish Krone

Danish kroner are exchanged to Faroese krónur and vice versa by the National Bank of Denmark free of charge. While normal Danish bank notes are no longer intended as legal tender in the Faroes, they are accepted there in most situations. In Denmark proper, existence of the Faroese króna is poorly known, particularly the fact that it is officially the same currency as the Danish krone and that the notes can be exchanged by any Danish bank without charge. Consequently, very few Danish stores will accept Faroese notes. People travelling from the Faroes to Denmark are often advised to exchange their cash prior to embarking in order to prevent potential complications arising from this situation.

Read more about this topic:  Faroese Króna

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