Convert Falkland Islands Pound to British Pound Sterling
Please provide values below to convert Falkland Islands Pound [FKP] to British Pound Sterling [GBP], or Convert British Pound Sterling to Falkland Islands Pound.
How to Convert Falkland Islands Pound to British Pound Sterling
1 FKP = 1.00013509862199 GBP
Example: convert 15 FKP to GBP:
15 FKP = 15 × 1.00013509862199 GBP = 15.0020264793299 GBP
Falkland Islands Pound to British Pound Sterling Conversion Table
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.