GIPxxx Gibraltar Pound exchange rate Live chart (Gibraltar currency, code: GIP, symbol: £)

Gibraltar currency : Gibraltar Pound (ISO 4217 currency code: GIP, symbol: £) : 1 Gibraltar Pound (£) = 100 Pence (p). Gibraltar Pound is pegged to and exchangeable with the British pound sterling at par value. Official currency of Gibraltar [dʒɪˈbrɔːltər], British Overseas Territory, bordered to the north by Spain, located at the southern tip of the Iberian Peninsula. Its Sovereign state is United Kingdom. Its name is derived from جبل طارق‎ (Jabal Ṭāriq, lit. 'Mount of Tariq'). In January 2020, the UK and Gibraltar left the European Union. In December 2020, the UK and Spain agreed in principle to negotiate an agreement through which Gibraltar would participate in the Schengen Area. Coins and banknotes of the Gibraltar pound are minted or printed by the Government of Gibraltar. Government is Her Majesty's Government of Gibraltar.