Convert Gibraltar Pound to Bangladeshi Taka
Please provide values below to convert Gibraltar Pound [GIP] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Gibraltar Pound.
How to Convert Gibraltar Pound to Bangladeshi Taka
1 GIP = 0.00608483091025059 BDT
Example: convert 15 GIP to BDT:
15 GIP = 15 × 0.00608483091025059 BDT = 0.0912724636537589 BDT
Gibraltar Pound to Bangladeshi Taka Conversion Table
| Gibraltar Pound | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.