Convert Gibraltar Pound to Ghanaian Cedi
Please provide values below to convert Gibraltar Pound [GIP] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Gibraltar Pound.
How to Convert Gibraltar Pound to Ghanaian Cedi
1 GIP = 0.0680560407435327 GHS
Example: convert 15 GIP to GHS:
15 GIP = 15 × 0.0680560407435327 GHS = 1.02084061115299 GHS
Gibraltar Pound to Ghanaian Cedi Conversion Table
| Gibraltar Pound | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.