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Alderney pound

From Wikipedia, the free encyclopedia

Currency used in Alderney

Alderney pound
ISO 4217

Code	none (GBP informally)
Unit
Symbol	£‎
Denominations
Subunit
1⁄100	Penny
Demographics
User(s)	Alderney
Valuation
Pegged with	Pound sterling

The island ofAlderney has its owncurrency, which by law must bepegged to that of theUnited Kingdom (seepound sterling).

Schedule 2 of the Government of Alderney Law provides that theStates of Alderney may, by Ordinance, prescribe "the legal currency and denominations of the legal currency, so however that that currency, and those denominations shall be the same in Alderney as in the United Kingdom; and prescribing those notes and coins the tender of which is a legal tender of the payment of money".^[1]

In normal use in Alderney,Guernsey andBank of England banknotes and coins circulate side by side year round, while in the summer tourist season,Jersey notes and coins are also common, as well asScottish and occasionally evenManx orNorthern Irish notes.

Coins

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Alderney coins are widely available to collectors but not in general circulation. Since 1989, Alderney has issuedcommemorative coins of £1, £2 or £5 face value incupro-nickel, silver or gold, with a variety of designs produced.^[2]

Banknote

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A very rare 1 pound banknote was issued in 1810 by the Alderney Commercial Bank.^[3] It is catalogued in theStandard Catalog of World Paper Money as PS181. 1 pound. 26 December 1810. Black. Alderney coat of arms at left.^[4]

Exchange rates

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The Alderney pound shares the ISO code "GBP" with sterling.

Current GBP exchange rates
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FromYahoo! Finance:	AUD CAD CHF CNY EUR HKD JPY USD USD
FromXE.com:	AUD CAD CHF CNY EUR HKD JPY USD USD
From OANDA:	AUD CAD CHF CNY EUR HKD JPY USD USD

Literature

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Cuhaj, George S., ed. (2006).Standard Catalog of World Paper Money: Specialized Issues (10th ed.). Krause Publications.ISBN 0-89689-161-5.

References

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^Baudouin, Lamine (September 2006)."ANNEX 5: Third countries using the currency of a non-participating Member State – The Channel Islands and the Isle of Man (footnote)"(PDF).Monetary and Exchange-rate Agreements Between the European Community and Third Countries. European Commission Directorate-General for Economic and Financial Affairs: 70.ISSN 1725-3187. Retrieved6 November 2008.
^"States of Alderney Alderney Coins". Alderney Government. Archived fromthe original on 29 March 2009. Retrieved6 November 2008.
^"Guernsey banknotes Guernsey paper money catalog and Guernsey currency history". ATS Notes. Retrieved15 March 2013.
^See1810 £1 note

v t e Currency units namedpound,lira, or similar
Circulating	Egyptian pound Lebanese pound Pound sterling Alderney pound Falkland Islands pound Gibraltar pound Guernsey pound Jersey pound Manx pound Saint Helena pound South Sudanese pound Sudanese pound Syrian pound Turkish lira
Local alternative currency	Brixton pound
Obsolete and historical	Aeginetan mina AM-Lira Angevin pound Attic mina Australian pound Bahamian pound Bermudian pound Biafran pound British West African pound Bristol pound Byzantine litra Canadian pound Connecticut pound Cypriot pound Delaware pound Exeter pound Fijian pound French livre Livre parisis Livre tournois French colonial livre Guadeloupe livre Haitian livre New France livre Saint Lucia livre Gambian pound Georgia pound Ghanaian pound Irish punt Israeli lira Italian lira Italian East African lira Italian Somaliland lira Jaca pound Jamaican pound Japanese government-issued Oceanian pound Jersey livre Lewes pound Libyan pound Liverpool pound Lombardo-Venetian lira Luccan lira Luxembourg livre Malawian pound Maltese pound Maryland pound Massachusetts pound New Brunswick pound New Guinean pound New Hampshire pound New Jersey pound New York pound New Zealand pound Newfoundland pound Nigerian pound North Carolina pound Nova Scotian pound Ottoman lira Palestine pound Papal lira Parman lira Pennsylvania pound Peruvian libra Pound Scots Prince Edward Island pound Rhode Island pound Rhodesian pound Rhodesia and Nyasaland pound Roman pound Sammarinese lira Sardinian lira Solomon Islands pound South Carolina pound Southern Rhodesian pound South African pound South West African pound Stroud pound Tongan pound Totnes pound Tripolitanian lira Tuscan lira Vatican lira Venetian lira Virginia pound Western Samoan pound Zambian pound
Historical antecedents (mass)	Roman pound (libra) Moneyer's pound (England) Grzywna (Grivna)
See also	Pound sign (£) Dinar Pound (mass) (℔) Roman currency Carolingian monetary system £sd