Falkland Island Pound to Chilean Peso

The Falkland Islands pound (sign FK£, code FKP) is the national currency of a sovereign territory of Great Britain. It is used along with the pound sterling. 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.

The Chilean peso (sign $, code CLP) is the national currency issued and spread only in Chile. The Chilean peso can be changed into coins named centavo. Every CLP has 100 centavos.

The currency had appeared in circulation in 1817, but was later replaced with escudo. However, the Chilean peso has been issued again. Today, both currencies are used at the same time. In 2008, the state mint has issued 50 commemorative coins with a misspelling of the country’s name. Some of these coins were sold at auction. Having a face value of 50 peso, their price could go up to 20 thousand peso. This nuisance led to the fact that the head of the mint was fired.