Historic Gibraltar pound United States dollar

Gibraltar pound united states dollar history for March 2024. The highest quote for this month is 1.2822 (11/03/2024) and the lowest 1.2877 (08/03/2024). The difference between high and low is -0.43.

GIP USD average rate for March 2024 is 1.27529, the change between 01/03/2024 and 31/03/2024 is -1.28 %.

01 March 20241 GIP = 1.266 USD
04 March 20241 GIP = 1.268 USD
05 March 20241 GIP = 1.270 USD
06 March 20241 GIP = 1.272 USD
07 March 20241 GIP = 1.276 USD
08 March 20241 GIP = 1.286 USD
11 March 20241 GIP = 1.282 USD
12 March 20241 GIP = 1.282 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.