Convert Gibraltar Pound to Belize Dollar
Please provide values below to convert Gibraltar Pound [GIP] to Belize Dollar [BZD], or Convert Belize Dollar to Gibraltar Pound.
How to Convert Gibraltar Pound to Belize Dollar
1 GIP = 0.37015 BZD
Example: convert 15 GIP to BZD:
15 GIP = 15 × 0.37015 BZD = 5.55225 BZD
Gibraltar Pound to Belize Dollar 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.
Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.