Convert Gibraltar Pound to Surinamese Dollar
Please provide values below to convert Gibraltar Pound [GIP] to Surinamese Dollar [SRD], or Convert Surinamese Dollar to Gibraltar Pound.
How to Convert Gibraltar Pound to Surinamese Dollar
1 GIP = 0.0200459244737369 SRD
Example: convert 15 GIP to SRD:
15 GIP = 15 × 0.0200459244737369 SRD = 0.300688867106054 SRD
Gibraltar Pound to Surinamese Dollar Conversion Table
Gibraltar Pound | Surinamese Dollar |
---|
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.
Surinamese Dollar
The Surinamese Dollar (SRD) is the official currency of Suriname, used for everyday transactions and financial exchanges within the country.
History/Origin
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 SRD = 100 Guilder, to stabilize the economy and modernize the currency system.
Current Use
Today, the Surinamese Dollar is widely used in Suriname for all forms of payment, including cash transactions, banking, and electronic payments.