<Li> ^ The Faroes, Greenland and Iceland were Norwegian possessions until 1814, as Norway was united with Denmark . </Li> <Li> ^ The currency, printed with Faroese motifs, is issued at par with the Danish krone, uses the same sizes and standards as Danish coins and banknotes and incorporates the same security features . Faroese krónur (singular króna) share the Danish ISO 4217 code "DKK". </Li> <P> The Faroe Islands (/ ˈfɛəroʊ /; Faroese: Føroyar pronounced (ˈfœɹjaɹ); Danish: Færøerne, pronounced (ˈfæɐ̯øːˀɐnə)), sometimes called the Faeroe Islands, are an archipelago between the Norwegian Sea and the North Atlantic, about halfway between Norway and Iceland, 320 kilometres (200 miles) north - northwest of Scotland . The islands are an autonomous country within the Kingdom of Denmark . Their area is about 1,400 square kilometres (541 square miles) with a population of 50,030 in April 2017 . </P> <P> The Faroes' terrain is rugged, and the islands have a subpolar oceanic climate (Cfc): windy, wet, cloudy, and cool . Despite this island group's northerly latitude, temperatures average above freezing throughout the year because of the Gulf Stream . </P>

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