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Stanley was established in the early 1840’s. The site was selected on several criteria, namely its sheltered harbour easily accessible to sailing vessels, plentiful supply of freshwater from nearby Moody Brook and the abundance of peat fuel in the surrounding area. By 1846 the essential buildings had been completed and the new town had taken shape. Life in Stanley was hard, however, due to isolation and rough weather.

Stanley was used as a port of call by sealers and whalers until late in the 19th century. This was followed by a period of sheep farming which became the islands’ primary industry until the 1980’s. In 1982 Argentina occupied and invaded the islands in what is known as the Falklands War. The locals were eventually liberated by British soldiers but signs of battle are still prevalent in Stanley to this day. The Falklands’ current economy is based on income from the sale of fishing licenses which are heavily monitored.

Stanley has a population of approximately 2,050 residents. The local currency is the Falkland Island’s pound (which is on par with the Sterling). The British pound, U.S. dollar and major credit cards are accepted in most shops and places of business, however, change is normally given in local currency. Highlights of Stanley include a superb museum, the War Memorial, the Post Office, Government House with its botanical gardens and the church with its whalebone statue. There are also many restaurants and pubs where you may sample the local fare.
 
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