Convert Gibraltar Pound to Bolivian Boliviano
Please provide values below to convert Gibraltar Pound [GIP] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Gibraltar Pound.
How to Convert Gibraltar Pound to Bolivian Boliviano
1 GIP = 0.107128386200509 BOB
Example: convert 15 GIP to BOB:
15 GIP = 15 × 0.107128386200509 BOB = 1.60692579300764 BOB
Gibraltar Pound to Bolivian Boliviano 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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.