Convert Gibraltar Pound to Solomon Islands Dollar
Please provide values below to convert Gibraltar Pound [GIP] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Gibraltar Pound.
How to Convert Gibraltar Pound to Solomon Islands Dollar
1 GIP = 0.0898367817486803 SBD
Example: convert 15 GIP to SBD:
15 GIP = 15 × 0.0898367817486803 SBD = 1.3475517262302 SBD
Gibraltar Pound to Solomon Islands Dollar Conversion Table
| Gibraltar Pound | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.