Convert Mauritian Rupee to Gibraltar Pound
Please provide values below to convert Mauritian Rupee [MUR] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Mauritian Rupee.
How to Convert Mauritian Rupee to Gibraltar Pound
1 MUR = 61.3983520194516 GIP
Example: convert 15 MUR to GIP:
15 MUR = 15 × 61.3983520194516 GIP = 920.975280291774 GIP
Mauritian Rupee to Gibraltar Pound Conversion Table
| Mauritian Rupee | Gibraltar Pound |
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Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.
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.