Kuwaiti Dinar in Falkland Island Pound

KWD Kuwaiti Dinar

Country of application:
Kuwait

Coin denominations in circulation:
1, 5, 10, 20, 50, 100 fils.

Denominations of banknotes in circulation:
0.25, 0.5, 1, 5, 10, 20 dinars.

History reference:
The Kuwaiti dinar is currently the national currency of Kuwait. The Kuwaiti dinar was introduced into circulation on April 1, 1961, replacing the Gulf rupee. The Kuwaiti dinar is three times stronger... than the dollar. In 2006, Kuwait revalued its national currency by 1% against the dollar. In 1990, Iraq occupied Kuwait, the Iraqi dinar was put into circulation, and during the six months of occupation, all cash was taken out of the country. In order to prevent further use by Iraq of the stolen money, after the liberation of Kuwait, a monetary reform was carried out, the Kuwaiti dinar of the new issue again became the official means of payment. Today, coins in denominations from 5 to 100 fils and banknotes in denominations from ¼ to 20 dinars are in circulation. The Kuwaiti dinar was pegged to the US dollar at a ratio of 3:1. In 2006, the emirate revalued its national currency against the dollar by 1%. In May 2007, the Kuwaiti authorities decided to decouple the dinar from the dollar, replacing it with a multi-currency basket.

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 div...ided 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.