US Dollar to Falkland Island Pound — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

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.