Convert Gibraltar Pound to Jordanian Dinar
Please provide values below to convert Gibraltar Pound [GIP] to Jordanian Dinar [JOD], or Convert Jordanian Dinar to Gibraltar Pound.
How to Convert Gibraltar Pound to Jordanian Dinar
1 GIP = 1.0441466854725 JOD
Example: convert 15 GIP to JOD:
15 GIP = 15 × 1.0441466854725 JOD = 15.6622002820874 JOD
Gibraltar Pound to Jordanian Dinar Conversion Table
| Gibraltar Pound | Jordanian Dinar |
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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.
Jordanian Dinar
The Jordanian Dinar (JOD) is the official currency of Jordan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Jordanian Dinar was introduced in 1950, replacing the Palestinian pound at par, and has since undergone various monetary reforms to stabilize and modernize the currency.
Current Use
Today, the Jordanian Dinar is widely used in Jordan for all forms of payment, including cash, banking, and electronic transactions, and is considered a stable currency in the region.