About the Falkland Islands Pound
The Falkland Islands Pound was introduced in 1899 and has been pegged to the British Pound Sterling at par since its creation.
The name 'Pound' comes from its peg to the British Pound Sterling.
Interesting Facts
Pegged to the Pound Sterling
The Falkland Islands Pound is pegged at a one-to-one ratio with the British Pound Sterling, which is also accepted as currency on the islands.
Local Wildlife on Coins
The coins of the Falkland Islands feature local wildlife, including penguins, seals, and albatrosses.
A Small but Mighty Economy
The economy is based on fishing licenses, tourism, and agriculture (mostly sheep farming for high-quality wool).
Historical Timeline
The Falkland Islands Pound is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- FKP
- Symbol
- £
- Numeric Code
- 238
- Subunit
- Penny (1/100)
- Introduced
- 1899-01-01
Central Bank
- Name
- Government of the Falkland Islands
- Headquarters
- Stanley, Falkland Islands
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 3.6%
Exchange Rates
What Affects the FKP Exchange Rate?
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