Convert Congolese Franc to Gibraltar Pound
Please provide values below to convert Congolese Franc [CDF] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Congolese Franc.
How to Convert Congolese Franc to Gibraltar Pound
1 CDF = 3897.11751992435 GIP
Example: convert 15 CDF to GIP:
15 CDF = 15 × 3897.11751992435 GIP = 58456.7627988653 GIP
Congolese Franc to Gibraltar Pound Conversion Table
| Congolese Franc | Gibraltar Pound |
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Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.