Convert Armenian Dram to Gibraltar Pound

Please provide values below to convert Armenian Dram [AMD] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Armenian Dram.

How to Convert Armenian Dram to Gibraltar Pound

1 AMD = 518.780224233419 GIP

Example: convert 15 AMD to GIP:
15 AMD = 15 × 518.780224233419 GIP = 7781.70336350128 GIP

Armenian Dram to Gibraltar Pound Conversion Table

Armenian Dram	Gibraltar Pound

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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