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The Faroese Kr贸na (FOK) is the official currency of the Faroe Islands, an autonomous territory within the Kingdom of Denmark. It is used exclusively within the islands and is pegged to the Danish Krone (DKK), providing stability and consistency in its value.
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.