Historic Gibraltar pound United States dollar

Gibraltar pound united states dollar history for August 2023. The highest quote for this month is 1.2834 (01/08/2023) and the lowest 1.2834 (01/08/2023). The difference between high and low is 0.

GIP USD average rate for August 2023 is 1.27422, the change between 01/08/2023 and 31/08/2023 is +1.83 %.

01 August 20231 GIP = 1.283 USD
04 August 20231 GIP = 1.275 USD
07 August 20231 GIP = 1.278 USD
08 August 20231 GIP = 1.277 USD
10 August 20231 GIP = 1.272 USD
14 August 20231 GIP = 1.269 USD
17 August 20231 GIP = 1.278 USD
21 August 20231 GIP = 1.275 USD
28 August 20231 GIP = 1.260 USD

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.

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.