The Falkland Islands, a British Overseas Territory in the South Atlantic Ocean, uses the Falkland Islands Pound as its currency; it is a variation of the United Kingdom Pound Sterling and has always been pegged to it at par. Coins and banknotes of both currencies are used interchangeably on the islands, although the reverse is not true - Falkland Islands coins and notes are not legal tender in the United Kingdom.
Apart from the regular circulation coinage, the territory also issues a large number of Non-Circulating Legal Tender (NCLT) coins in the 50 pence denomination. Some of these are round, and some of them are seven-sided and have the same specifications as their United Kingdom counterpart. | 
