Historic Gibraltar pound Hungarian forint

Gibraltar pound hungarian forint history for October 2023. The highest quote for this month is 453.21 (04/10/2023) and the lowest 447.31 (11/10/2023). The difference between high and low is 1.3.

GIP HUF average rate for October 2023 is 443.50667, the change between 01/10/2023 and 31/10/2023 is +2.09 %.

03 October 20231 GIP = 447.2 HUF
04 October 20231 GIP = 449.2 HUF
06 October 20231 GIP = 449.8 HUF
09 October 20231 GIP = 446.7 HUF
10 October 20231 GIP = 449.4 HUF
11 October 20231 GIP = 449.7 HUF
12 October 20231 GIP = 443.0 HUF
13 October 20231 GIP = 447.3 HUF
16 October 20231 GIP = 450.3 HUF
17 October 20231 GIP = 445.8 HUF
18 October 20231 GIP = 441.5 HUF
20 October 20231 GIP = 439.2 HUF
22 October 20231 GIP = 438.4 HUF
23 October 20231 GIP = 441.7 HUF
24 October 20231 GIP = 435.1 HUF
25 October 20231 GIP = 438.6 HUF
26 October 20231 GIP = 441.5 HUF
27 October 20231 GIP = 439.3 HUF
29 October 20231 GIP = 440.2 HUF
30 October 20231 GIP = 441.8 HUF
31 October 20231 GIP = 437.9 HUF

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.