5 Faroese Kronur Banknote (1949)

5 Krónur Krone / Krona (Issued 1951-1960)

During the 1950s, a five Krónur note represented modest purchasing power in the Faeroe Islands economy, serving as an everyday denomination for ordinary transactions in shops, markets and local businesses throughout the archipelago. This denomination would have passed through the hands of fishermen, merchants and households conducting their routine commercial activities in Faroese communities. The note circulated during a formative period in the Faroe Islands’ economic development, reflecting the local currency system that had been established for the territory’s distinct financial identity.

On the front, the banknote displays a formal portrait medallion positioned on the left side, rendered in fine engraving with classical styling and framed within a decorative circular border. The denomination “5” appears in large numerals within decorative roundels at both the top left and top right corners, with additional “5” markings positioned at the lower right. The central text reads “FØROYAR” above “FIMM KRÓNUR” in bold serif lettering, establishing the currency name and issuing territory. The colour scheme employs a subtle pale greenish-cream background tone with darker green and black engraving lines throughout. A continuous decorative guilloché pattern forms the top and bottom borders, consisting of repeating wavy geometric lines in green. Sequential serial numbering appears in red numerals reading “1455855” positioned below the portrait. Official text includes reference details “ÚTGÁVIN SAMBART LÖG NR. 248-12. APRIL 1949” and “SUM LÖGLIGT GJALDGYRA Í FØROYUM” inscribed in smaller typeface. Two specimen signatures appear in the centre-right area of the note, executed in manuscript style, representing the issuing authorities responsible for the currency’s authenticity.

The reverse presents a striking maritime scene rendered entirely in green engraving, depicting a traditional Faroese fishing vessel with high curved prows characteristic of local boat design. Two fishermen are shown aboard the boat, with one seated and engaged in rowing or propulsion whilst the other figure stands, illustrating the working life of the archipelago’s fishing communities. The boat sits upon rendered water indicated by horizontal wavy lines suggesting the North Atlantic seas surrounding the Faroe Islands. What appears to be a fishing net or catch is depicted in the lower foreground of the composition. The denomination “5” appears in large numerals at both the top left and top right corners, and again at the bottom left and bottom right, maintaining consistency across the note’s design architecture. A continuous decorative border of repeating geometric patterns in green frames the entire reverse composition, matching the front design’s guillochéd ornamentation. The banknote’s paper exhibits characteristic watermark impressions and show-through effects visible in the background, contributing to the overall security and authentic presentation of the currency.

Webuyallcurrency.com makes it easy to exchange old coins and banknotes — a 5 Krónur banknote from Faeroe Islands is accepted with other old or withdrawn Faroese Kronur banknotes and converted into cash in one go.

• Indicate the quantity of 5 Krónur Krone / Krona banknotes you want to exchange
• Click the ‘Add to your account’ button
• Your online account now shows the exchange value

Turn forgotten Faroese Kronur banknotes into money: Webuyallcurrency.com lets you exchange foreign coins and notes — even withdrawn ones — as part of one clear transaction, no specialist knowledge required.

Other Faroese Kronur you can exchange: 10, 20, 50, 100, 200, 500, 1000.