Gibraltar Pound (GIP) Profile
Currency name:
Gibraltar pound GIP converter to world currencies »
Currency code:
Currency symbol:
£
Subunit:
1/100, Penny (plural:pence); symbol: p
Coins freq used:
£1, £2, £5, 1p, 2p, 5p, 10p, 20p, 50p
Coins rarely used:
Banknotes freq used:
£5, £10, £20, £50, £100
Banknotes rarely used:
Central bank:
Currency users:
Currency notes:
Gibraltar pound is pegged with pound sterling at par.
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Currency user map:
Users:
The Gibraltar Pound (GIP) is the official currency of Gibraltar. It is the legal tender used for all transactions within the British Overseas Territory.
History:
The Gibraltar Pound has a long history and has been used since the early 19th century in Gibraltar. It is pegged to the British Pound Sterling at a 1:1 exchange rate.
Gibraltar is a small British territory located on the southern coast of Spain, known for its iconic rock, historical landmarks, and maritime heritage.
Coins and Banknotes:
The Gibraltar Pound is subdivided into 100 pence, just like the British Pound.
Coins:
Coins currently in circulation are 1, 2, 5, 10, 20, and 50 pence, as well as 1 and 2 pounds.
Banknotes:
The most commonly used banknotes are 5, 10, 20, 50, and 100 pounds.
Each banknote typically features important historical figures, landmarks, and symbols of Gibraltar.