2810) Faroe Islands Banknotes New Series - 2012: An updated version of the Faroese Banknote Series with new security features was introduced into circulation: Banknotes were printed by Danmarks Nationalbank:
In 2012, Danmarks Nationalbank issued an updated version of the Faroese Banknote Series with new security features. The motifs are Faroese animals and Faroese landscapes.
Motifs:
The common motif on the notes depicts Faroese animals. On the Front of the Banknotes the animals are untraditionally shown as fragments.
On the Reverse of the Banknotes, watercolours of Faroese landscapes by the Faroese artist Zacharias Heinesen are reproduced. The fauna motifs contribute life and variation to the notes, while the watercolours lend a special quality of lightness.
Security features:
Among the security features are a window thread with a moving wave pattern. A new special symbol on Front and Back and on the Back of the Banknote a mother-of-pearl thread and fluorescent colour has been added.
The old Faroese banknotes are still legal tender, but will gradually be withdrawn from circulation.
Act on Faroese banknotes:
The printing of Faroese banknotes is done according to the law governing banknotes in the Faroe Islands (from 1949). Pursuant to the law Danmarks Nationalbank must produce special Faroese banknotes carrying Faroese text. However, the denominations and the formats of the banknotes shall be the same as the banknotes that are put in circulation in Denmark.
The currency in the Faroe Islands is 1 króna and the exchange rate to the Danish banknotes is 1:1.
The Faroese banknotes are regarded as a foreign currency in Denmark thus they are not legal tender in Denmark, nor are Danish banknotes legal tender in the Faroe Islands.
However, Faroese banknotes can be encashed to Danish banknotes free of charge at Danmarks Nationalbank in the same way as Danish banknotes can be encashed to Faroese banknotes in the Faroe Islands.
The coins in the Faroe Islands and in Denmark are the same.
The new Currency in circulation:
The 50 Kroner Banknote:
On 03.07.2001, the 50 Kroner Banknote was issued.
In 2012, Danmarks Nationalbank has issued an updated version of the Faroese Banknote Series with new security features.
The background depicts a watercolour of a stone wall.
The principal motif on the Back of the 50 Krone Banknote is a hillside from village of Sumba on the West side of Suduroy.
Since the area is a typical pasture for sheep and rams, there is a natural link between the ram on the front and the landscape on the Back of this Banknote.
The inscription reads - "FOROYAR" (meaning "Faroe Islands").
The dimensions of this Banknote are - 125.00 mm x 72.00 mm.
The 100 Krone Banknote:
On 16.01.2003, the 100 Krone Banknote was issued.
In 2012, Danmarks Nationalbank has issued an updated version of this denomination in its new Faroese Banknote Series with new security features.
The motifs for this Banknote are based of fragments of Faroese faune.
The Back of the 100 Krone Banknote shows a view of Klaksvik, one of the most important Faroese fishing ports.
More security - Compared to the 50 Krone Banknote issued in 2001, the 100 Krone Banknote has a new security feature - a hologram.
With the existing security features - such as a security thread with the colour change and the watermark - this makes counterfeiting more difficult.
The dimensions of this Banknote are - 135.00 mm x 72.00 mm.
200 Krone Banknote:
On 19.01.2004 the 200 Krone Banknote was issued.
In 2012, Danmarks Nationalbank has issued an updated version of this denomination in its new Faroese Banknote Series with new security features.
The Ghost Moth which is found all over the Faroe Islands, is printed in intaglio.
The background is a watercolour with blades of grass.
The inscription reads - "200 TVEY HUNDRAD KRONUR".
On the Back of the 500 Krone Banknote is a watercolour of Hvannasund. Many Shore Crabs can be found on the beach near the village of Hvannasund.
Posts on SEPAC issues on this blog:
Links to Posts on Turks and Caicos Islands:
Posts on Aruba on this blog:
Links to Posts on Curacao on this Blog:
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21) New Polymer Banknotes, Trinidad and Tobago: The entire series will consist of $100, $50, $20, $10, $5 and $1 denominations: $100 has already been issued on 09.12.2019
23) "Caribbean Sea-Horse", Barbados: $10 (Ten Dollars) 1.0 Oz. Gold Bullion Coins & $1 (One Dollar) 1.0 Oz. Silver Bullion Coins minted by the Scottsdale Mint; Year of issue: 2020
24) Cayman Islands, A British Overseas Territory (BOT): A set of identically numbered Banknotes of the presently circulating Banknotes from the "D" Series of Banknotes
Links to some other interesting posts from South American countries & Mexico:
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27) Central Bank of Uruguay ("Banco Centrale del Uruguay"): 50th Anniversary (Golden Jubilee) - 1967-2017 - celebrated with the issue of a 50 Peso Commemorative Banknote on 14.09.2018
Links to Posts on Curacao on this Blog:
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