Convert Gibraltar Pound to Polish Zloty
Please provide values below to convert Gibraltar Pound [GIP] to Polish Zloty [PLN], or Convert Polish Zloty to Gibraltar Pound.
How to Convert Gibraltar Pound to Polish Zloty
1 GIP = 0.204243226838824 PLN
Example: convert 15 GIP to PLN:
15 GIP = 15 × 0.204243226838824 PLN = 3.06364840258235 PLN
Gibraltar Pound to Polish Zloty 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.
Polish Zloty
The Polish Zloty (PLN) is the official currency of Poland, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Zloty has been Poland's currency since the 14th century, with modern issuance beginning in 1924 after a period of currency reforms. It replaced earlier currencies and has undergone several redenominations, most notably in 1995 to stabilize the economy.
Current Use
The PLN is actively used as Poland's legal tender, with coins and banknotes circulating nationwide. It is also traded in foreign exchange markets and used in international transactions involving Poland.