Gibraltar Pound (GIP) Profile

£

1/100,  Penny (plural:pence); symbol: p
£1, £2, £5, 1p, 2p, 5p, 10p, 20p, 50p
 
£5, £10, £20, £50, £100
 
 

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.