15/10/2018: Government Formation
The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.
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.
10/06/2014: ISIS captures Mosul
The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.
15/10/2004: Introduction of New Iraqi Dinar
A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.
20/03/2003: US-led Invasion of Iraq
The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.
02/08/1990: Iraq invades Kuwait
Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.
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.
22/09/1980: Iran-Iraq War Begins
The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.
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.
03/10/1932: Independence of Iraq
The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
28/04/1899: Currency Board Established
The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.
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.