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Greenland money is similar to that of the currency of Denmark. The Danish krone has legal tender in Greenland. The reason behind this is because the country of Greenland is an integral part of National community of Denmark. In Greenland the currency of Denmark has a legal tender. The Danish krone which is the currency of Greenland is also known as DKK. Greenland falls within the administration of Denmark thus there is no requirement for a separate currency. The tourists are advised to bring Danish kroner with them while visiting the country or carry a credit card.
The currency of Greenland can be exchanged all over the place. One can even exchange the money in Denmark. There are a number of banks in the country which exchanges the money and sometimes many hotels also give similar facility. The ATMs can be used in the almost all the towns to get Danish Kroner. The credit cards which can be used are Dankort, VISA Electron, VISA Plus card, Diners, Cirrus card and Maestro. The prices of all the products in Denmark are very high except for fish, meat and ice. Most of the big hotels and shops accept credit card but still small amount of Danish krone is required while visiting the island.
The exchange rate of the currency of Greenland is not that favorable. There are 50 to 100 DKK notes in Greenland and coins range from 25 ore to 20 DKK. Per 1 USD one can get around 6 DKK and for 1 Euro you will get about DKK 8.
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