Historic Gibraltar pound United States dollar

Gibraltar pound united states dollar history for June 2023. The highest quote for this month is 1.2807 (19/06/2023) and the lowest 1.2827 (19/06/2023). The difference between high and low is -0.16.

GIP USD average rate for June 2023 is 1.26479, the change between 01/06/2023 and 30/06/2023 is -2.09 %.

02 June 20231 GIP = 1.246 USD
09 June 20231 GIP = 1.259 USD
12 June 20231 GIP = 1.252 USD
13 June 20231 GIP = 1.254 USD
16 June 20231 GIP = 1.283 USD
19 June 20231 GIP = 1.281 USD
20 June 20231 GIP = 1.274 USD
25 June 20231 GIP = 1.272 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.