Historic Gibraltar pound Ecuadorian sucre

Gibraltar pound ecuadorian sucre history since 16/06/2024 until today (0 years). Search for GIP to ECS exchange rate history for a particular date, month or year.

is the currency (supplied by Government of Gibraltar and the currency supplied by Central Bank of Ecuador. The GIP ECS historical data can be seen on the Gibraltar pound ecuadorian sucre historical chart.

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.

20/09/2015: Discontinuation of the sucre electrónico

Due to various issues, the sucre electrónico was discontinued, and the US dollar remained as the sole official currency of Ecuador.

30/11/2009: Introduction of the sucre electrónico

The sucre electrónico, a digital currency, was launched in an attempt to promote financial inclusion and reduce the country's reliance on US dollar.

09/01/2000: Withdrawal of the Sucre from circulation

The sucre was completely withdrawn from circulation, and all transactions were required to be conducted in US dollars.

09/03/1999: Adoption of US dollar as official currency

Ecuador officially adopted the US dollar as its official currency, replacing the sucre nuevo.

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.

08/12/1964: Introduction of the Sucre Nuevo

A new sucre, known as the sucre nuevo, was introduced to replace the original sucre at a rate of 1 sucre nuevo to 1,000 sucres.

08/07/1932: Creation of the Central Bank of Ecuador

The Central Bank of Ecuador was established with the aim of regulating the currency and monetary policy.

07/03/1927: Introduction of Gibraltar pound

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

14/01/1884: Introduction of the Sucre

The sucre was introduced as the national currency of Ecuador at a rate of 5 sucres to 1 US dollar.