Convert Ethiopian Birr to Gibraltar Pound
Please provide values below to convert Ethiopian Birr [ETB] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Ethiopian Birr.
How to Convert Ethiopian Birr to Gibraltar Pound
1 ETB = 184.570039173308 GIP
Example: convert 15 ETB to GIP:
15 ETB = 15 × 184.570039173308 GIP = 2768.55058759962 GIP
Ethiopian Birr to Gibraltar Pound Conversion Table
| Ethiopian Birr | Gibraltar Pound |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
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.