Cape Valdivia the position of Bouvet island in 1898. Cape Valdivia Cape Valdivia (Kapp Valdivia) is the northernmost point on Bouvet Island ("Bouvetøya i Søratlanteren") in the South Atlantic Ocean. The subantarctic Bouvet Island is administered by Norway. Cape Valdivia lies in the centre of the island's highest point. To the west lies Cape Circoncision ("Kapp Circoncision"), from which Cape Valdivia is separated by a five kilometre stretch of coastline known as the Morgenstierne Coast ("Morgenstiernekysten"). Just north of the cape is the small islet of Gjest Baardsenstøtta. The distance to Norway is about 12,460 km. The cape derives its name from
Pound sterling in the South Atlantic and the Antarctic Pound sterling in the South Atlantic and the Antarctic The United Kingdom possesses a number of islands in the South Atlantic Ocean as well as a section of the Antarctic continent. These territories are St. Helena with Ascension Island and Tristan da Cunha, the Falkland Islands, South Georgia and the South Sandwich Islands, and the British Antarctic Territory. The official currency in these territories is either Pound sterling or a local currency that evolved from sterling and is at a fixed one-to-one parity with sterling. Until 1929–1930, when the Australian pound and New Zealand pound ceased to be at parity