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"fara" appears to be cognate with English "fare" (which used to mean "journey" and now means how much you pay for one)

And “journey” comes from the Latin diurnum, for day, which also has the same root as per diem.

Time (and distance!) are money.

Or how about the Danish “får” (sheep) and “ø” (Island)?

The name is older than Danish as a distinct language. The suggested etymology is from Old Norse.