Convert Falkland Islands Pound to Bahamian Dollar
Please provide values below to convert Falkland Islands Pound [FKP] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Bahamian Dollar
1 FKP = 0.7403 BSD
Example: convert 15 FKP to BSD:
15 FKP = 15 × 0.7403 BSD = 11.1045 BSD
Falkland Islands Pound to Bahamian Dollar Conversion Table
| Falkland Islands Pound | Bahamian Dollar |
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.