Historic Gibraltar pound United States dollar

Gibraltar pound united states dollar history for October 2023. The highest quote for this month is 1.23 (11/10/2023) and the lowest 1.2311 (11/10/2023). The difference between high and low is -0.09.

GIP USD average rate for October 2023 is 1.21732, the change between 01/10/2023 and 31/10/2023 is -0.77 %.

03 October 20231 GIP = 1.206 USD
04 October 20231 GIP = 1.207 USD
06 October 20231 GIP = 1.224 USD
08 October 20231 GIP = 1.221 USD
09 October 20231 GIP = 1.220 USD
10 October 20231 GIP = 1.223 USD
11 October 20231 GIP = 1.231 USD
13 October 20231 GIP = 1.217 USD
16 October 20231 GIP = 1.222 USD
17 October 20231 GIP = 1.219 USD
18 October 20231 GIP = 1.215 USD
20 October 20231 GIP = 1.216 USD
22 October 20231 GIP = 1.217 USD
23 October 20231 GIP = 1.225 USD
24 October 20231 GIP = 1.217 USD
25 October 20231 GIP = 1.213 USD
26 October 20231 GIP = 1.214 USD
27 October 20231 GIP = 1.213 USD
29 October 20231 GIP = 1.213 USD
30 October 20231 GIP = 1.217 USD
31 October 20231 GIP = 1.215 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.