History
The pound was introduced following the reassertion of sovereignty in the Falklands Islands by the British in 1833. Initially, the British currency circulated, with the pound subdivided into 20 shillings, each of 12 pence. Specific issues of banknotes have been made for the Falkland Islands since 1899. In 1971, the pound was decimalised and subdivided into 100 pence. Coins have been minted specifically for the Falklands since 1974. During the earlier Argentine occupation, the peso circulated.
For a more general history of currency in the South Atlantic region, see The Sterling Currency in the South Atlantic and the Antarctic.
Read more about this topic: Falkland Islands Pound
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