Convert Belarusian Ruble to Gibraltar Pound
Please provide values below to convert Belarusian Ruble [BYN] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Belarusian Ruble.
How to Convert Belarusian Ruble to Gibraltar Pound
1 BYN = 4.22936647305147 GIP
Example: convert 15 BYN to GIP:
15 BYN = 15 × 4.22936647305147 GIP = 63.440497095772 GIP
Belarusian Ruble to Gibraltar Pound Conversion Table
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Belarusian Ruble
The Belarusian Ruble (BYN) is the official currency of Belarus, used for all monetary transactions within the country.
History/Origin
The Belarusian Ruble has undergone several reforms and redenominations since its initial introduction in 1992 following independence from the Soviet Union, with the current version introduced in 2016 to stabilize the economy and replace the previous ruble at a rate of 1 new BYN = 10,000 old rubles.
Current Use
Today, the Belarusian Ruble is the sole legal tender in Belarus, used in everyday transactions, banking, and electronic payments across the country.
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.