Euro to Falkland Island Pound — exchange rate

The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.

Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.

The Falkland Islands pound (FK£) is the national currency of a sovereign territory of Great Britain. It is used along with the pound sterling. In the international exchange arena, the pound is known as FKP.

Originally, FKP was subdivided into 20 shillings, and later into 100 pence. Today, every FKP can be subdivided into 100 pence. Coins are also called pennies as a term of endearment. The currency appeared in 1899. Since then, the design of coins and banknotes has gone through several changes. At the moment, the rate of the Falkland Islands pound is tightly connected to fluctuations of the pound sterling.