Faroese króna
Currency of the Faroe Islands / From Wikipedia, the free encyclopedia
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The króna (plural: krónur; sign: kr) is the currency of the Faroe Islands. It is issued by Danmarks Nationalbank, the central bank of Denmark. It is not a separate currency, but is rather a local issue of banknotes denominated in the Danish krone, although Danish-issued coins are still used. Consequently, it does not have an ISO 4217 currency code and instead shares that of the Danish krone, DKK. This means that in the Faroe Islands, credit cards are charged in Danish kroner. The króna is subdivided into 100 oyru(r).
Quick Facts ISO 4217, Code ...
ISO 4217 | |
---|---|
Code | None (FOK unofficially) |
Unit | |
Plural | krónur |
Symbol | kr |
Denominations | |
Subunit | |
1⁄100 | oyra |
Plural | |
oyra | oyru(r) |
Banknotes | 50, 100, 200, 500, 1000 krónur |
Coins | 50 oyru(r), 1, 2, 5, 10, 20 krónur |
Demographics | |
User(s) | Faroe Islands (Denmark), alongside krone |
Issuance | |
Central bank | Danmarks Nationalbank |
Website | www |
Valuation | |
Inflation | -1.1% |
Source | The World Factbook, 2009 |
Pegged with | Danish krone at par |
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