The Faroese banknotes series

The Royal Danish Mint is offering collectors Faroese 50-, 100-, 200-, 500- and 1000-krone banknotes.

The primary motifs on the face of the banknotes are fragments of Faroese animals, while the reverse sides show landscapes from different parts of the Islands.

Background
The currency in the Faroe Islands is 1 króna and the exchange rate to the Danish banknotes is 1:1. The Faroese banknotes are regarded as a foreign currency in Denmark thus they are not legal tender in Denmark, nor are Danish banknotes legal tender in the Faroe Islands. However, Faroese banknotes can be encashed to Danish banknotes free of charge at Danmarks Nationalbank in the same way as Danish banknotes can be encashed to Faroese banknotes in the Faroe Islands. The coins in the Faroe Islands and in Denmark are the same. Read more about the Faroese banknotes here.



Sold at nominal value
The banknotes are sold at their nominal value. However, as considerable administration is involved, a handling fee of DKK 200 including VAT will be charged per 10 banknotes.

The banknotes will be supplied individually in acid-free plastic pockets. Each pocket will also include the description of the relevant banknote that was distributed when the banknote was first issued.