Convert Danish Krone to Gibraltar Pound
Please provide values below to convert Danish Krone [DKK] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Danish Krone.
How to Convert Danish Krone to Gibraltar Pound
1 DKK = 8.58949074699446 GIP
Example: convert 15 DKK to GIP:
15 DKK = 15 × 8.58949074699446 GIP = 128.842361204917 GIP
Danish Krone to Gibraltar Pound Conversion Table
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.