Falkland Island Pound in Bahamian Dollar

FKP Falkland Island Pound

Country of application:
Falkland Islands.

Coin denominations in circulation:
1, 2, 5, 10, 20, 50 pence, 1 pound sterling, 2 pounds Falkland Islands.

Denominations of banknotes in circulation:
5, 10, 20, 50 pounds Falkland Islands.

History reference:
The Falkland Islands pound (sign FK £, code FKP) is the national currency of the sovereign territory of Great Britain. Used in conjunction with the pound sterling. At the moment, each FKP can be divi...ded into 100 pence. Coins are also called pennies as a sign of endearment. The currency appeared in 1899. Since then, the design of coins and banknotes has undergone several changes. At the moment, the rate of the Falkland Islands pound is closely related to the fluctuations of the pound sterling.

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.