There are two currencies of equal value in the Faroe Islands: the Faroese króna and the Danish krone. While the Faroese goverment prints its own bank notes, only Danish coins are used. Danish notes are equally acceptable as Faroese notes throughtout the country.
The series of banknotes comprises 5 denominations: 50 kroner, 100 kroner, 200 kroner, 500 kroner and 1000 kroner. The coin (only Danish) series comprises six denominations: 50 øre (cents), and 1, 2, 5, 10 and 20 kroner.