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|symbol= [[£]]
 
|symbol= [[£]]
 
|pegged= [[Pound sterling]] {{4217|GBP}}
 
|pegged= [[Pound sterling]] {{4217|GBP}}
|coins= [[Alderney 50 pence coin|50 p]], [[Alderney 1 pound coin|£1]], [[Alderney 2 pound coin|£2]], [[Alderney 5 pound coin|£5]], [[Alderney 10 pound coin|£10]], [[Alderney 25 pound coin|£25]], [[Alderney 50 pound coin|£50]], [[Alderney 1000 pound coin|£1000]]
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|coins= [[Alderney 50 pence coin|50 p]], [[Alderney 1 pound coin|£1]], [[Alderney 2 pound coin|£2]], [[Alderney 5 pound coin|£5]], [[Alderney 10 pound coin|£10]], [[Alderney 25 pound coin|£25]], [[Alderney 50 pound coin|£50]], [[Alderney 100 pound coin|£100]], [[Alderney 1000 pound coin|£1000]]
 
|banknotes= [[Alderney 1 pound banknote|£1]]
 
|banknotes= [[Alderney 1 pound banknote|£1]]
 
|mint= [[Alderney Bank]]
 
|mint= [[Alderney Bank]]
 
}}
 
}}
The [[United Kingdom|British]] [[wikipedia:en:Crown dependency|crown dependency]] of [[Alderney]] has its own currency, which by law must be a [[fixed exchange rate|pegged]] to the [[pound sterling]] at a rate of 1:1.
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The [[United Kingdom|British]] {{wp|en|crown dependency}} of [[Alderney]] has its own currency, which by law must be a [[fixed exchange rate|pegged]] to the [[pound sterling]] at a rate of 1:1.
   
 
Schedule Two of the Government of Alderney Law provides that the states may, by law, issue ''"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".''<ref name="EU">{{cite journal|last=Baudouin|first=Lamine|date=September 2006|title=ANNEX 5: Third countries using the currency of a non-participating Member State – The Channel Islands and the Isle of Man (footnote)|journal=Monetary and exchange-rate agreements between the European Community and Third Countries|publisher=European Commission Directorate-General for Economic and Financial Affairs|pages=70|issn=ISSN 1725-3187|language=En|url=http://ec.europa.eu/economy_finance/publications/publication658_en.pdf|accessdate=2008-11-06}}</ref>
 
Schedule Two of the Government of Alderney Law provides that the states may, by law, issue ''"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".''<ref name="EU">{{cite journal|last=Baudouin|first=Lamine|date=September 2006|title=ANNEX 5: Third countries using the currency of a non-participating Member State – The Channel Islands and the Isle of Man (footnote)|journal=Monetary and exchange-rate agreements between the European Community and Third Countries|publisher=European Commission Directorate-General for Economic and Financial Affairs|pages=70|issn=ISSN 1725-3187|language=En|url=http://ec.europa.eu/economy_finance/publications/publication658_en.pdf|accessdate=2008-11-06}}</ref>
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Alderney currently does not issue its own [[banknotes]], but a [[Alderney 1 pound banknote|£1 note]] was issued in [[1810]].
 
Alderney currently does not issue its own [[banknotes]], but a [[Alderney 1 pound banknote|£1 note]] was issued in [[1810]].
   
Alderney coins are available to collectors, but are not in general circulation. Since [[1989]], Alderney has issued [[commemorative coin]]s at values of [[Alderney 50 pence coin|50 p]], [[Alderney 1 pound coin|£1]], [[Alderney 2 pound coin|£2]], and [[Alderney 5 pound coin|£5]], [[Alderney 10 pound coin|£10]], [[Alderney 25 pound coin|£25]], [[Alderney 50 pound coin|£50]], and even [[Alderney 1000 pound coin|£1000]], composed of either [[cupro-nickel]], [[silver]], or [[gold]].<ref name="alderney_coins">{{cite web|url=http://www.alderney.gov.gg/index.php/pid/124|title=States of Alderney Alderney Coins|publisher=Alderney Government|accessdate=2008-11-06}}</ref>
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Alderney coins are available to collectors, but are not in general circulation. Since [[1989]], Alderney has issued [[commemorative coin]]s at values of [[Alderney 50 pence coin|50 p]], [[Alderney 1 pound coin|£1]], [[Alderney 2 pound coin|£2]], and [[Alderney 5 pound coin|£5]], [[Alderney 10 pound coin|£10]], [[Alderney 25 pound coin|£25]], [[Alderney 50 pound coin|£50]], [[Alderney 100 pound coin|£100]], and even [[Alderney 1000 pound coin|£1000]], composed of either [[cupronickel]], [[silver]], or [[gold]].<ref name="alderney_coins">{{cite web|url=http://www.alderney.gov.gg/index.php/pid/124|title=States of Alderney Alderney Coins|publisher=Alderney Government|accessdate=2008-11-06}}</ref>
   
 
In normal use on Alderney, the [[Guernsey pound]] and the pound sterling circulate side by side throughout the year, while during the Summer tourist season, the [[Jersey pound]] is also commonly used, as well as [[Scotland|Scottish]], and [[Isle of Man pound|Manx]] coins, and occasionally pounds from [[Northern Ireland]].
 
In normal use on Alderney, the [[Guernsey pound]] and the pound sterling circulate side by side throughout the year, while during the Summer tourist season, the [[Jersey pound]] is also commonly used, as well as [[Scotland|Scottish]], and [[Isle of Man pound|Manx]] coins, and occasionally pounds from [[Northern Ireland]].

Latest revision as of 23:35, 10 March 2016

The British crown dependency of Alderney has its own currency, which by law must be a pegged to the pound sterling at a rate of 1:1.

Schedule Two of the Government of Alderney Law provides that the states may, by law, issue "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]

Alderney currently does not issue its own banknotes, but a £1 note was issued in 1810.

Alderney coins are available to collectors, but are not in general circulation. Since 1989, Alderney has issued commemorative coins at values of 50 p, £1, £2, and £5, £10, £25, £50, £100, and even £1000, composed of either cupronickel, silver, or gold.[2]

In normal use on Alderney, the Guernsey pound and the pound sterling circulate side by side throughout the year, while during the Summer tourist season, the Jersey pound is also commonly used, as well as Scottish, and Manx coins, and occasionally pounds from Northern Ireland.

References[]

  1. 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)" (in En). 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 ISSN 1725-3187 ISSN ISSN 1725-3187. http://ec.europa.eu/economy_finance/publications/publication658_en.pdf. Retrieved 2008-11-06. 
  2. "States of Alderney Alderney Coins". Alderney Government. http://www.alderney.gov.gg/index.php/pid/124. Retrieved 2008-11-06. 
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Alderney pound
Coins 50 p£1£2£5£10£25£50£100£1000
Banknotes £1
Miscellaneous Alderney BankFixed exchange ratePound sterling

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