1 GBP = 1.0109GIP
To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.
- Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey
- Currency Code, Symbol: GBP, £
- Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2
- Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100
The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.
Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More
- Country of Circulation: Gibraltar
- Currency Code, Symbol: GIP, £
- Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2, £5
- Denominations of banknotes in circulation: £5, £10, £20, £50
The Gibraltar pound (£) is a sovereign currency of Gibraltar. The currency is also known as the livre. It is used along with the British pound sterling at par.
For international conversion operations, it is shortened to GIP. Pennies are used as change for the Gibraltar pound. One GIP has 100 pennies. The currency became the main payment unit in 1898. Every 2 years, the Gibraltar’s Mint manufactures a 2-pound coin with a new design. There are coins telling a story of a well-known myth – 12 labors of Heracles.Read More
Historical data of the 1 Pound Sterling to the Gibraltar Pound exchange rate
GBP/GIP – Pound Sterling to Gibraltar Pound conversionOur GBP/GIP currency converter allows instant conversion by live rates. Current value of 1 GBP equals 1.0109 GIP.
Pound Sterling to Gibraltar Pound conversionWe use quotation information as of 2021-10-22 10:06 AM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:
- indicate an amount of money to convert in the window with Pound Sterlings;
- wait for automatic GBP to GIP conversion.
How has the dynamic of GBP to GIP rate changed in the last weekHere you can also find a chart with the Pound Sterling rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 0.0031 GIP or +0.3024%.
The dynamic of GBP to GIP rate over the last monthThe monthly data of GBP to GIP conversion rate dynamic helps to understand market trends better. GBP has moved by +1.946% or 0.0197 GIP.