Convert Chilean Peso to Gibraltar Pound
Please provide values below to convert Chilean Peso [CLP] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Chilean Peso.
How to Convert Chilean Peso to Gibraltar Pound
1 CLP = 1289.19424557612 GIP
Example: convert 15 CLP to GIP:
15 CLP = 15 × 1289.19424557612 GIP = 19337.9136836418 GIP
Chilean Peso to Gibraltar Pound Conversion Table
| Chilean Peso | Gibraltar Pound |
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Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.
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.