Convert Russian Ruble to Gibraltar Pound
Please provide values below to convert Russian Ruble [RUB] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Russian Ruble.
How to Convert Russian Ruble to Gibraltar Pound
1 RUB = 105.917060651087 GIP
Example: convert 15 RUB to GIP:
15 RUB = 15 × 105.917060651087 GIP = 1588.75590976631 GIP
Russian Ruble to Gibraltar Pound Conversion Table
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.