Gibraltar The Gibraltar Pound (GIP) is the official currency of Gibraltar, a British Overseas Territory located at the southern tip of the Iberian Peninsula. The GIP is issued by the Government of Gibraltar and is pegged to the British Pound Sterling (GBP) at a 1:1 ratio, meaning it holds the same value as GBP. Although Gibraltar issues its own banknotes and coins, British Pounds are also widely accepted within the territory. The Gibraltar Pound is used primarily within Gibraltar, and its exchange outside the territory is limited. The economy of Gibraltar is primarily based on finance, tourism, and online gaming, with the GIP serving as a stable and secure currency.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
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