Convert Gibraltar Pound to Kenyan Shilling
Please provide values below to convert Gibraltar Pound [GIP] to Kenyan Shilling [KES], or Convert Kenyan Shilling to Gibraltar Pound.
How to Convert Gibraltar Pound to Kenyan Shilling
1 GIP = 0.00573158853961013 KES
Example: convert 15 GIP to KES:
15 GIP = 15 × 0.00573158853961013 KES = 0.085973828094152 KES
Gibraltar Pound to Kenyan Shilling Conversion Table
| Gibraltar Pound | Kenyan Shilling |
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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.
Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.