Convert Gibraltar Pound to Costa Rican Colón
Please provide values below to convert Gibraltar Pound [GIP] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Gibraltar Pound.
How to Convert Gibraltar Pound to Costa Rican Colón
1 GIP = 0.00146791719543147 CRC
Example: convert 15 GIP to CRC:
15 GIP = 15 × 0.00146791719543147 CRC = 0.0220187579314721 CRC
Gibraltar Pound to Costa Rican Colón Conversion Table
| Gibraltar Pound | Costa Rican Colón |
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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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.