Greenland Money

Currency

Danish Krone (DKK; symbol kr) = 100 øre. Notes are in denominations of kr1,000, 500, 200, 100 and 50. Coins are in denominations of kr20, 10, 5, 2 and 1, and 50 and 25 øre.

Currency Exchange

Cheques drawn on Danish banks can be cashed at banks and cash can also be exchanged. Postal cheques can be cashed at all post offices. Grønlandsbanken (PO Box 1033, DK-3900 Nuuk; tel: 70 1234; www.banken.gl), has branches in Nuuk, Sisimiut, Oaqortoq, Ilulissat and Maniitsoq. KNI/POST represents the bank in other towns and villages. There is no banking service in Søndre Strømfjord at present.

Credit/Debit Cards and ATMs

Credit cards are restricted to the major towns and most hotels. Some major towns, like Ilulissat, have ATMs.

Traveller's Cheques

Cheques in major currencies may be exchanged as indicated in the currency exchange section above. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Pounds Sterling or US Dollars.

Banking Hours

Mon-Thurs 0930-1530; Fri 0930-1500.

Exchange Rate Indicators

1.00 GBP = 8.24 DKK
1.00 USD = 4.93 DKK
1.00 EUR = 7.44 DKK
Currency conversion rates as of 26 November 2009
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