Falkland Islands pound

Also known as FKP

monetary currency of the Falkland Islands

Key facts

Code: FKP (numeric: 238 )
Symbol: £ ‎
1 100: penny
Penny: pence
Banknotes: £5, £10, £20, £50
Coins: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2
User s: Falkland Islands ( UK ), (alongside sterling ) , South Georgia and the South Sandwich Islands ( UK ) , (alongside sterling )
Currency board: Falkland Islands Commissioners of Currency
Website: www .falklands .gov .fk
Inflation: 3.6%
Source: The World Factbook , 1998
Pegged with: pound sterling at par

via Wikipedia infobox

Article

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.