Convert Gibraltar Pound to Aruban Florin
Please provide values below to convert Gibraltar Pound [GIP] to Aruban Florin [AWG], or Convert Aruban Florin to Gibraltar Pound.
How to Convert Gibraltar Pound to Aruban Florin
1 GIP = 0.413575418994413 AWG
Example: convert 15 GIP to AWG:
15 GIP = 15 × 0.413575418994413 AWG = 6.2036312849162 AWG
Gibraltar Pound to Aruban Florin Conversion Table
| Gibraltar Pound | Aruban Florin |
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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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.