Historic Iraqi dinar Gibraltar pound

Iraqi dinar gibraltar pound history for January 2024. The highest quote for this month is 0.000618 (17/01/2024) and the lowest 0.000617 (03/01/2024). The difference between high and low is 0.16.

IQD GIP average rate for January 2024 is 0.00061, the change between 01/01/2024 and 31/01/2024 is +1.64 %.

01 January 20241 IQD = 0.0006 GIP
02 January 20241 IQD = 0.0006 GIP
03 January 20241 IQD = 0.0006 GIP
04 January 20241 IQD = 0.0006 GIP
05 January 20241 IQD = 0.0006 GIP
08 January 20241 IQD = 0.0006 GIP
09 January 20241 IQD = 0.0006 GIP
10 January 20241 IQD = 0.0006 GIP
11 January 20241 IQD = 0.0006 GIP
12 January 20241 IQD = 0.0006 GIP
15 January 20241 IQD = 0.0006 GIP
16 January 20241 IQD = 0.0006 GIP
17 January 20241 IQD = 0.0006 GIP
18 January 20241 IQD = 0.0006 GIP
19 January 20241 IQD = 0.0006 GIP
22 January 20241 IQD = 0.0006 GIP
23 January 20241 IQD = 0.0006 GIP
24 January 20241 IQD = 0.0006 GIP
25 January 20241 IQD = 0.0006 GIP
26 January 20241 IQD = 0.0006 GIP
29 January 20241 IQD = 0.0006 GIP
30 January 20241 IQD = 0.0006 GIP
31 January 20241 IQD = 0.0006 GIP

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.