Falkland Island Pound in Panamanian Balboa

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.

PAB Panamanian Balboa

Country of application:
Panama

Coin denominations in circulation:
1 and 5 centesimos, 0.1, 0.25, 0.5, and 1 balboa.

Denominations of banknotes in circulation:
-

History reference:
The Balboa is the currency of the Republic of Panama. Panama money got its name from the Spanish conquistador Vasco Nunez de Balboa, the first European to cross the Isthmus of Panama from the Atlanti...c to the Pacific coast. With the independence of Panama in 1904, it became necessary to introduce a new currency to replace the Colombian peso. The balboa became such a currency. Until 1934, it was relatively independent and had a certain gold content (1.5048 g of pure gold), later a firm 1:1 ratio with the US dollar was established, which has been maintained to this day.