Historic Gibraltar pound Convertible Mark

Gibraltar pound convertible mark history for December 2023. The highest quote for this month is 2.2954 (05/12/2023) and the lowest 2.2313 (14/12/2023). The difference between high and low is 2.79.

GIP BAM average rate for December 2023 is 2.272, the change between 01/12/2023 and 31/12/2023 is +0.58 %.

01 December 20231 GIP = 2.274 BAM
04 December 20231 GIP = 2.286 BAM
05 December 20231 GIP = 2.295 BAM
06 December 20231 GIP = 2.292 BAM
07 December 20231 GIP = 2.276 BAM
08 December 20231 GIP = 2.284 BAM
11 December 20231 GIP = 2.287 BAM
12 December 20231 GIP = 2.281 BAM
13 December 20231 GIP = 2.254 BAM
14 December 20231 GIP = 2.273 BAM
15 December 20231 GIP = 2.280 BAM
18 December 20231 GIP = 2.274 BAM
19 December 20231 GIP = 2.274 BAM
20 December 20231 GIP = 2.267 BAM
21 December 20231 GIP = 2.260 BAM
22 December 20231 GIP = 2.264 BAM
25 December 20231 GIP = 2.260 BAM
26 December 20231 GIP = 2.255 BAM
27 December 20231 GIP = 2.253 BAM
28 December 20231 GIP = 2.262 BAM
29 December 20231 GIP = 2.261 BAM

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.

01/11/2019: 25th Anniversary of the Convertible Mark

Bosnia and Herzegovina celebrated the 25th anniversary of the introduction of the Convertible Mark as its national currency.

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.

15/08/2017: New Banknote Denominations

New banknote denominations of 200 BAM and 1,000 BAM were introduced to facilitate transactions and enhance the efficiency of cash handling.

09/03/2010: New Polymer Banknotes

The Central Bank of Bosnia and Herzegovina introduced polymer banknotes to replace the paper banknotes, increasing durability and security.

28/02/2002: Replacement of Deutsche Mark with Euro

The Deutsche Mark was replaced by the euro as the main reference currency for the Convertible Mark's fixed exchange rate.

02/07/1998: Issuance of New Banknote Series

A new series of banknotes was issued, featuring updated designs and enhanced security features.

01/07/1997: Currency Board Arrangement

A Currency Board Arrangement was established to maintain a fixed exchange rate between the Convertible Mark and the Deutsche Mark.

22/06/1995: Introduction of the Convertible Mark

The Convertible Mark was introduced as the official currency of Bosnia and Herzegovina, replacing the Yugoslav dinar.

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.

07/03/1927: Introduction of Gibraltar pound

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