06/09/2018: Announcement of new dinar notes
The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.
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.
28/07/2014: Recognition of rival governments
The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.
17/02/2011: Start of the Libyan Civil War
The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.
07/04/1986: US imposes economic sanctions
The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan 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.
02/03/1978: Establishment of the Central Bank of Libya
The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.
08/09/1971: Introduction of the Libyan dinar
The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.
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.
24/12/1951: Independence of Libya
Libya gains independence from Italy, introducing the Libyan pound as its currency.
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.