Alderney pound Alderney pound The island of Alderney has its own currency, which by law must be pegged to that of the United Kingdom (see pound sterling). Schedule 2 of the Government of Alderney Law provides that the States 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". In normal use in Alderney, Guernsey and Bank of England
Alderney Alderney Alderney (; ; Auregnais: "Aoeur'gny") is the northernmost of the inhabited Channel Islands. It is part of the Bailiwick of Guernsey, a British Crown dependency. It is long and wide. The area is , making it the third-largest island of the Channel Islands, and the second largest in the Bailiwick. It is around from the west of La Hague on the Cotentin Peninsula, Normandy, in France, from the north-east of Guernsey and from the south coast of Great Britain. It is the closest of the Channel Islands to the United Kingdom. It is separated from Cap de la Hague