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Do Greenland and the Faroe Islands use Danish banknotes?

Notes across the Danish Realm

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Short answer

Danish banknotes, today and in the coming series, are used both in Denmark and in Greenland. The Faroe Islands have their own banknotes with Faroese text and motifs. The Faroese banknotes are made by Danmarks Nationalbank under the Banknote Act of 1949. During the recall of the 1000-krone note and older series, banks in Greenland and the Faroe Islands also took in old notes for exchange.

Practical info

Why

  1. Greenland has no separate banknotes.
  2. Faroese notes have Faroese motifs.
  3. Both kinds are made by Nationalbanken.

Details

Nationalbanken also publishes a yearly analysis of the Faroese economy.

Tip

In Greenland you pay with the same Danish banknotes you use in Denmark.

What may differ

The look of the notes will change when the new series arrives in 2028–2029.

Common misconception

Greenland has its own Greenlandic currency.

What actually happens

Greenland uses the same Danish banknotes as Denmark.

People also ask

  • What currency does Denmark use?
  • When will Denmark get new banknotes?
  • Which banknotes are valid in Denmark?

Sources

This answer is for reference only. Payment rules, limits and fees change, so check the official sources or your bank before you pay.

Practical info
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