Convert Gibraltar Pound to Belarusian Ruble
Please provide values below to convert Gibraltar Pound [GIP] to Belarusian Ruble [BYN], or Convert Belarusian Ruble to Gibraltar Pound.
How to Convert Gibraltar Pound to Belarusian Ruble
1 GIP = 0.236442031299904 BYN
Example: convert 15 GIP to BYN:
15 GIP = 15 × 0.236442031299904 BYN = 3.54663046949856 BYN
Gibraltar Pound to Belarusian Ruble Conversion Table
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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.
Belarusian Ruble
The Belarusian Ruble (BYN) is the official currency of Belarus, used for all monetary transactions within the country.
History/Origin
The Belarusian Ruble has undergone several reforms and redenominations since its initial introduction in 1992 following independence from the Soviet Union, with the current version introduced in 2016 to stabilize the economy and replace the previous ruble at a rate of 1 new BYN = 10,000 old rubles.
Current Use
Today, the Belarusian Ruble is the sole legal tender in Belarus, used in everyday transactions, banking, and electronic payments across the country.