Convert Barbadian Dollar to Gibraltar Pound
Please provide values below to convert Barbadian Dollar [BBD] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Barbadian Dollar.
How to Convert Barbadian Dollar to Gibraltar Pound
1 BBD = 2.70160745643658 GIP
Example: convert 15 BBD to GIP:
15 BBD = 15 × 2.70160745643658 GIP = 40.5241118465487 GIP
Barbadian Dollar to Gibraltar Pound Conversion Table
| Barbadian Dollar | Gibraltar Pound |
|---|
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.