FALKLAND ISLANDS

(FKP) Currency News >>

CURRENCY:

Falkland Islands Pound (FKP) and the British Pound Sterling (GBP, Symbol £)

DENOMINATIONS:

NOTE: £50, 20, 10 and 5.

COIN: £2 and 1, and 50, 20, 10, 5, 2 and 1 pence.

US DOLLAR ACCEPTED?

Yes

CREDIT/DEBIT CARDS AND ATMS:

Credit cards do not enjoy a wide acceptance in the Falkland Islands. MasterCard and Visa may be accepted in many shops and hotels in Stanley however. There are no ATM machines on the islands.

CURRENCY EXCHANGE:

The currency of the islands cannot be exchanged anywhere outside of the islands. Note that the US dollar has wide acceptance. There are exchange options in Stanley, bring a valid cheque card for ID purposes. Note: a fee may be charged.

TRAVELLER'S CHEQUES:

The Standard Chartered Bank do change travellers cheques. Best in pounds sterling, these are not however ideal.

BANKING HOURS:

Mon-Fri 0830-1500.

CURRENCY RESTRICTIONS:

No.

COUNTRY OVERVIEW:

The Falkland Islands are a group of islands in the South Atlantic Ocean - the nearest mainland are Argentina, South Georgia and British Antarctic Territory. The islands are self-governed but are an Overseas Territory of the United Kingdom. There is conflict over who should reign over the islands - Argentina also claim sovereignty over them. So much so, in fact, that there has been conflict there in the early 1980s, when war raged between the two countries. The United Kingdom were victorious of that war (which only raged for two months). Most of the inhabitants of the islands are British but can claim Argentine citizenship. The capital is Stanley and the official language is English.