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The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, a British Overseas Territory located in the South Atlantic Ocean. It is pegged to the British Pound Sterling (GBP) at par, meaning that one Falkland Islands Pound is equivalent to one British Pound.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.