Money, budget and shopping in the Faroe Islands

Money

Currency

• Currency: Faroese króna (100 oyra).

• Banknotes: 50, 100, 200, 500 and 1,000 kr.

• Coins: 50 oyra + 1, 2, 5, 10 and 20 kr.

• Exchange:

The Faroese króna circulates alongside the Danish krone in the archipelago at parity. In fact, the Faroese króna—despite having its own coins and banknotes—is not truly a separate currency but rather another "version" of the Danish krone.

Exchange

Which currency to bring

Payment methods

When returning

Budget

What can be expensive

What can be inexpensive

Price range

• Double room in a "budget" hotel:

• Double room in a "tourist" hotel:

• Snacks, "local" restaurant meal:

• "Tourist" restaurant meal:

• "Budget" car rental:

• 50 km by bus:

• Urban taxi:

• Urban bus:

Bargaining and tipping

Shopping and souvenirs

What to bring back