Convert Gibraltar Pound to Sri Lankan Rupee
Please provide values below to convert Gibraltar Pound [GIP] to Sri Lankan Rupee [LKR], or Convert Sri Lankan Rupee to Gibraltar Pound.
How to Convert Gibraltar Pound to Sri Lankan Rupee
1 GIP = 0.00245508191676135 LKR
Example: convert 15 GIP to LKR:
15 GIP = 15 × 0.00245508191676135 LKR = 0.0368262287514202 LKR
Gibraltar Pound to Sri Lankan Rupee Conversion Table
| Gibraltar Pound | Sri Lankan Rupee |
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Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.
Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka and is actively traded in foreign exchange markets.