Faroese Krona

Faroese Krona

The currency of the Faroe Islands. It is the same currency as the Danish krone in that both are issued by the same central bank and are identical on international exchange markets. Additionally, banks exchange them without charge on a one-to-one ratio. However, Danish krone are not legal tender in the Faroe Islands (though generally they are accepted), and Faroese kronur generally are not accepted in Denmark.
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"The aircraft landing fees and services segment loses about ten million Faroese krona' (US$1.8m) a year but our commercial sales are profitable by approximately the same figure, so we break even overall.