The Faroe Islands use the Danish krone (DKK), issued locally as the Faroese króna — same value, fully interchangeable with Danish notes and coins. Convert your money below with live rates.
Live mid-market exchange rates via the European Central Bank (Frankfurter), with a secondary source as backup. Rates are indicative — your bank or card provider may apply a small margin.
Good to know: the króna is pegged to the Danish krone (and indirectly to the euro), so the EUR rate barely moves — roughly 1 EUR ≈ 7.46 DKK. You don't need to exchange money before arriving: cards work almost everywhere.
Money tips for the Faroe Islands
Cards rule
Visa and Mastercard are accepted almost everywhere — shops, cafés, fuel, even small ferries. A card is your best "currency".
A little cash
Handy for the odd honesty box, rural toilet or small craft stall. Withdraw DKK from ATMs in Tórshavn or Klaksvík.
Skip pre-exchange
No need to buy kroner at home. ATM withdrawals or card payments usually beat airport exchange rates.
Faroese notes
You may receive distinctive Faroese króna notes. They're worth exactly the same as Danish kroner and spend identically.
Currency FAQ
The Danish krone (DKK), issued locally as the Faroese króna. Same value, fully interchangeable. Use the converter above for today's rate.
No — the Faroes don't use the euro or pound. Pay in Danish kroner or, more simply, by card.
Yes, broadly on a par with Iceland, Norway and Denmark. See the Trip Cost Calculator to estimate your budget in your own currency.