Historic Gibraltar pound Iraqi dinar

Gibraltar pound iraqi dinar history for January 2024. The highest quote for this month is 1668.79 (12/01/2024) and the lowest 1638.8 (12/01/2024). The difference between high and low is 1.8.

GIP IQD average rate for January 2024 is 1648.04739, the change between 01/01/2024 and 31/01/2024 is -1.77 %.

01 January 20241 GIP = 1635.68 IQD
02 January 20241 GIP = 1623.72 IQD
03 January 20241 GIP = 1653.81 IQD
04 January 20241 GIP = 1661.80 IQD
05 January 20241 GIP = 1664.12 IQD
08 January 20241 GIP = 1627.15 IQD
09 January 20241 GIP = 1664.97 IQD
10 January 20241 GIP = 1631.48 IQD
11 January 20241 GIP = 1666.67 IQD
12 January 20241 GIP = 1636.71 IQD
15 January 20241 GIP = 1629.77 IQD
16 January 20241 GIP = 1621.89 IQD
17 January 20241 GIP = 1625.25 IQD
18 January 20241 GIP = 1657.59 IQD
19 January 20241 GIP = 1662.01 IQD
22 January 20241 GIP = 1630.62 IQD
23 January 20241 GIP = 1659.48 IQD
24 January 20241 GIP = 1668.58 IQD
25 January 20241 GIP = 1664.33 IQD
26 January 20241 GIP = 1666.45 IQD
29 January 20241 GIP = 1628.56 IQD
30 January 20241 GIP = 1659.90 IQD
31 January 20241 GIP = 1664.55 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

06/11/1988: Introduction of polymer banknotes

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

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.
GIP IQD January 2024
GIP IQD February 2024
GIP IQD March 2024
GIP IQD April 2024
GIP IQD May 2024
GIP IQD June 2024
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GIP IQD September 2024
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GIP IQD December 2024
GIP IQD January 2025