Convert Singapore Dollar to Gibraltar Pound
Please provide values below to convert Singapore Dollar [SGD] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Singapore Dollar.
How to Convert Singapore Dollar to Gibraltar Pound
1 SGD = 1.72862353100095 GIP
Example: convert 15 SGD to GIP:
15 SGD = 15 × 1.72862353100095 GIP = 25.9293529650142 GIP
Singapore Dollar to Gibraltar Pound Conversion Table
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.