Convert Falkland Islands Pound to Philippine Peso
Please provide values below to convert Falkland Islands Pound [FKP] to Philippine Peso [PHP], or Convert Philippine Peso to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Philippine Peso
1 FKP = 0.0130008798380115 PHP
Example: convert 15 FKP to PHP:
15 FKP = 15 × 0.0130008798380115 PHP = 0.195013197570172 PHP
Falkland Islands Pound to Philippine Peso Conversion Table
| Falkland Islands Pound | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.