Convert Gibraltar Pound to Botswanan Pula
Please provide values below to convert Gibraltar Pound [GIP] to Botswanan Pula [BWP], or Convert Botswanan Pula to Gibraltar Pound.
How to Convert Gibraltar Pound to Botswanan Pula
1 GIP = 0.0528170772600472 BWP
Example: convert 15 GIP to BWP:
15 GIP = 15 × 0.0528170772600472 BWP = 0.792256158900708 BWP
Gibraltar Pound to Botswanan Pula Conversion Table
| Gibraltar Pound | Botswanan Pula |
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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.
Botswanan Pula
The Botswana Pula (BWP) is the official currency of Botswana, used for all monetary transactions within the country.
History/Origin
Introduced in 1976, the Pula replaced the South African Rand at par, symbolizing a new era of economic independence for Botswana.
Current Use
The Pula is widely used in Botswana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.