FKP · FKP
Falkland Islands pound (FKP)
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
Convert this currency
Converted amount
1.3506 USD
Exchange rate
1 FKP = 1.350621 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
FKP · Falkland Islands pound
Falkland Islands Pound (FKP) Overview
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, a British Overseas Territory in the South Atlantic. It was introduced in 1899, replacing the local use of the British Pound. The currency is issued by the Falkland Islands Government and is pegged at par to the British Pound Sterling, meaning that one FKP is always equal to one GBP. This peg provides stability and simplifies trade and financial transactions with the United Kingdom.
The FKP is subdivided into 100 pence, and coins and banknotes are issued in denominations similar to the British Pound. The notes feature local imagery, including wildlife and historical figures, reflecting the islands' heritage. While the FKP is the official currency, British Pound Sterling is also widely accepted throughout the islands, and both currencies circulate interchangeably. This dual acceptance ensures convenience for residents and visitors alike.
As an evergreen overview, it is important to note that the FKP's value is directly tied to the British Pound, and its stability is underpinned by the economic and monetary policies of the United Kingdom. The currency is not traded on international forex markets, and its use is primarily confined to the Falkland Islands. For those planning to visit or do business there, understanding the currency's peg and its practical usage is essential for smooth financial transactions.
- Code
- FKP
- Symbol
- FKP
- Current rate
- USD / FKP
Currency information
Last updated · 8/7/2026
Introduced in 1899, pegged to the pound sterling.
- Official name
- Falkland Islands pound
- Legal tender status
- Legal tender in the Falkland Islands
- Decimal places
- 2
- Minor unit
- penny · 1 FKP = 100 penny
- Countries
- Falkland Islands
- Issuing authority
- Government of the Falkland Islands
- Central bank
- Government of the Falkland Islands · Official website
- Exchange-rate regime
- Pegged to the pound sterling at par
Common banknotes
£5 · £10 · £20 · £50
Common coins
1p · 2p · 5p · 10p · 20p · 50p · £1 · £2
Also known as
Falkland pound · Falkland Islands pound · FKP · £
Practical notes
- Banknotes are issued by the Falkland Islands Government.
Priority currency pairs
The most useful conversions for this currency.
Falkland Islands pound questions
What is the FKP exchange rate?
The displayed rate is the latest available reference rate for USD/FKP. It can change throughout the day.
How can I convert FKP online?
Use the converter above to calculate indicative amounts between FKP and the other supported currencies.