ISO 4217 | |
---|---|
Code | FKP (numeric: 238) |
Subunit | 0.01 |
Unit | |
Plural | |
Symbol | £ |
Denominations | |
Subunit | |
1⁄100 | penny |
Plural | |
penny | pence |
Symbol | |
penny | p |
Banknotes | £5, £10, £20, £50 |
Coins | 1p, 2p, 5p, 10p, 20p, 50p, £1, £2 |
Demographics | |
User(s) | Falkland Islands (UK) alongside sterling South Georgia and the South Sandwich Islands (UK) alongside sterling |
Issuance | |
Government | Government of the Falkland Islands |
Website | www |
Valuation | |
Inflation | 3.6% |
Source | The World Factbook, 1998 |
Pegged with | pound sterling at par |
The pound is the currency of the Falkland Islands, a British Overseas Territory in the South Atlantic Ocean. The symbol is the pound sign, £. The ISO 4217 currency code is FKP.
The Falkland Islands pound has always been pegged to sterling at par and banknotes of both currencies are used interchangeably on the islands, but the Falkland Island pound is not widely accepted in Britain itself.