British currency in the Middle East already risen in value against the pound sterling as a result of sterling's devaluation in 1967, and so the new Omani rial was not equal in value to the dinars in the nearby territories. The currency units that are used in Israel, Jordan, Iraq, Kuwait, Bahrain, Oman, and the Yemen are all descended from the pound sterling unit, while the currency units that are used in Saudi Arabia, Qatar, and the United Arab Emirates are all descended from the Maria Theresa Thaler. This largely explains the factor of ten difference in value on average between Bahrain, Kuwait and Oman on
Pound sterling in the South Atlantic and the Antarctic with sterling, sterling was the currency of much of the Antarctic continent, including the Australian Antarctic Territory and the Ross Dependency. St. Helena used sterling currency as in the United Kingdom until 1976 when it began to issue its own banknotes at par with the pound sterling. In 1984, this territory also began to issue its own coinage, similar to the coinage of the United Kingdom but with different designs on the reverse. The St. Helena currency also circulates on Ascension Island, but not in the other part of the territory, Tristan da Cunha, where UK currency circulates. The Falkland