BANKNOTES OF THE FALKLAND ISLANDS
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The history of the Falkland Islands pound.
The Falkland Islands pound is the currency issued by the government of the Falkland Islands, a British Overseas Territory in the South Atlantic Ocean. Its currency symbol is the pound sign, £, or alternatively FK£ to distinguish it from other pound-denominated currencies. The currency's ISO 4217 currency code is FKP.
The Falklands pound is currently pegged to the pound sterling at a one-for-one rate. The banknotes and coins of both the United Kingdom and the Falkland Islands are used interchangeably, although only banknotes printed in the United Kingdom are accepted in Britain itself. The Falklands pound is also commonly used in South Georgia and the South Sandwich Islands, a separate British overseas territory some 1390 km to the east.
Specific issues of Falkland Islands banknotes have been made since 1921, with coins being minted since 1974. Coins presently in circulation are as follows: 1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound and 2 pounds. The Falkland Islands coins are the same size and weight as their British counterparts, and are minted by the Royal Mint in England.
Current banknotes in circulation come in denominations 5 pounds, 10 pounds, 20 pounds, and 50 pounds. The pound note is still legal tender but is no longer being issued, it is becoming increasingly rare to find in general circulation.
Falklands banknotes feature the same images, differing only in their respective denominations and corresponding colors. On the front side, all notes contain a portrait of Queen Elizabeth II of the United Kingdom, the Falklands' coat of arms, a small map of the islands, and images of two of the islands' main animals, penguins and sea lions. On the back, notes feature pictures of Christ Church Cathedral in Stanley and Government House, the official residence of the Governor of the Falkland Islands.
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Page created: 12 November 2006
Last Update: 12 December 2006
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