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
President of the States of Alderney Second World War, the majority of the population of Alderney was evacuated. In the Occupation of the Channel Islands by Nazi Germany, Alderney was used by the Nazis as a location for two concentration camps being established on it. After the Liberation, less than 50% of Alderney's population returned, leading to an urgent discussion taking part in the Parliament of the United Kingdom because land boundaries and property documents had been destroyed. In 1947, His Majesty's Privy Council decided that Guernsey would take over administration of Alderney. In 1948 the Alderney (Application of Legislation) Law was passed by both the