Convert Gibraltar Pound to Comorian Franc
Please provide values below to convert Gibraltar Pound [GIP] to Comorian Franc [KMF], or Convert Comorian Franc to Gibraltar Pound.
How to Convert Gibraltar Pound to Comorian Franc
1 GIP = 0.00176537850234951 KMF
Example: convert 15 GIP to KMF:
15 GIP = 15 × 0.00176537850234951 KMF = 0.0264806775352426 KMF
Gibraltar Pound to Comorian Franc Conversion Table
| Gibraltar Pound | Comorian Franc |
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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.
Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.