in Denmark in 1941 were made of aluminium and zinc (with one exception). In addition, the British made set lacks both the mark of the Royal Danish Mint (a small heart) and the initials of the engraver and the mint master in Copenhagen. Banknotes In 1940, Danish 5, 20, 50, 100, and 500 kroner notes were overstamped with Kun Gyldig paa Færøerne, Færø Amt, Juni 1940 (meaning “Only valid on the Faroe Islands, Faroe County, June 1940”) for issue on the Faroe Islands. Later that year, the Færø Amt issued distinct notes in denominations of 1, 5, 10, and 100 kroner. From 1951, notes were issued with texts in Faroese. The 1 kroner note was not continued, with 50 krónur introduced in 1967, followed by 500 and 1000 krónur in 1978, 20 krónur in 1986 and 200 krónur in 2003. Between 2001 and 2005, a new banknote series with new security features was introduced to replace older notes. Denominations are 50, 100, 200, 500, and 1000 krónur. On March 19, 2012, an updated version of the Faroese króna banknotes was released into circulation. The new notes are identical to the current issues, but the new notes now feature "Motion" windowed security threads and perfect registration devices instead of holographic patches on the fronts, and mother-of-pearl threads, and fluorescent colors added on the back of the notes. Bank transfers For international bank transfers including credit card transfers the ISO code has to be given. The Faroese króna has no official ISO 4217 code, so DKK is used for all credit card statements for visitors and international transfers of krónur (unless some other currency is used). Still transfers between Denmark and the Faroe Islands count as international with corresponding fees, and the Faroe Islands have its own IBAN and BIC codes with FO in them. Current exchange rates Numismatics Faroese banknotes may be purchased by collectors at face value from Danmarks Nationalbank. (Postverk Føroya, the Faroese postal service now known as 'Posta', used to be the sole supplier of Faroese banknotes to collectors, but does not sell banknotes anymore.) See also Exchange rate regime British occupation of the Faroe Islands in World War II Economy of the Faroe Islands References External links The banknotes of the Faroe Islands Circulating currencies Currencies of Europe Krone Fixed exchange rate Currencies introduced in 1940