Convert Falkland Islands Pound to Nigerian Naira
Please provide values below to convert Falkland Islands Pound [FKP] to Nigerian Naira [NGN], or Convert Nigerian Naira to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Nigerian Naira
1 FKP = 0.000483634021990812 NGN
Example: convert 15 FKP to NGN:
15 FKP = 15 × 0.000483634021990812 NGN = 0.00725451032986218 NGN
Falkland Islands Pound to Nigerian Naira Conversion Table
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.