Historic Canadian dollar Falkland Islands pound

Canadian dollar falkland islands pound history for January 2024. The highest quote for this month is 0.59383 (02/01/2024) and the lowest 0.59372 (03/01/2024). The difference between high and low is 0.02.

CAD FKP average rate for January 2024 is 0.5869, the change between 01/01/2024 and 31/01/2024 is +1.14 %.

01 January 20241 CAD = 0.5929 FKP
02 January 20241 CAD = 0.5976 FKP
03 January 20241 CAD = 0.5935 FKP
04 January 20241 CAD = 0.5895 FKP
05 January 20241 CAD = 0.5884 FKP
08 January 20241 CAD = 0.5881 FKP
09 January 20241 CAD = 0.5883 FKP
10 January 20241 CAD = 0.5867 FKP
11 January 20241 CAD = 0.5864 FKP
12 January 20241 CAD = 0.5857 FKP
15 January 20241 CAD = 0.5859 FKP
16 January 20241 CAD = 0.5879 FKP
17 January 20241 CAD = 0.5856 FKP
18 January 20241 CAD = 0.5847 FKP
19 January 20241 CAD = 0.5834 FKP
22 January 20241 CAD = 0.5850 FKP
23 January 20241 CAD = 0.5847 FKP
24 January 20241 CAD = 0.5824 FKP
25 January 20241 CAD = 0.5808 FKP
26 January 20241 CAD = 0.5822 FKP
29 January 20241 CAD = 0.5856 FKP
30 January 20241 CAD = 0.5873 FKP
31 January 20241 CAD = 0.5862 FKP

18/07/2016: New Polymer Banknotes Issued

The Falkland Islands government introduces new polymer banknotes to replace the older paper versions, enhancing the durability and security of their currency.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

14/06/1983: Pegging to the Pound Sterling

The Falkland Islands pound (FKP) is officially pegged to the British pound sterling (GBP) at a 1:1 ratio, ensuring a stable exchange rate.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

14/05/1971: New Decimalized Currency Introduced

The Falkland Islands pound (FKP) is decimalized, with the introduction of a new currency system based on the decimal system.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

28/04/1899: Currency Board Established

The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.

02/01/1833: Argentina Removed from Islands

British forces remove Argentine authorities from the Falkland Islands, solidifying British control over the territory.

03/01/1829: First British Colony Declared

British Captain Onslow declares the Falkland Islands a British colony, leading to the establishment of a formal British presence in the region.

02/01/1764: First British Settlement

British Captain Byron claims the Falkland Islands for Britain, establishing the first permanent British settlement in the region.