Greenland - Money
Currency & Money
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.
Credit cards are restricted to the major towns and most hotels. Some major towns, like Ilulissat, have ATMs.
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. However, exchanging traveller's cheques in Greenland has been reported to be problematic.
There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.
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.
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