Convert Gibraltar Pound to Guyanaese Dollar
Please provide values below to convert Gibraltar Pound [GIP] to Guyanaese Dollar [GYD], or Convert Guyanaese Dollar to Gibraltar Pound.
How to Convert Gibraltar Pound to Guyanaese Dollar
1 GIP = 0.00353717859956778 GYD
Example: convert 15 GIP to GYD:
15 GIP = 15 × 0.00353717859956778 GYD = 0.0530576789935167 GYD
Gibraltar Pound to Guyanaese Dollar Conversion Table
| Gibraltar Pound | Guyanaese Dollar |
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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.
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.