Convert Gibraltar Pound to Trinidad and Tobago Dollar
Please provide values below to convert Gibraltar Pound [GIP] to Trinidad and Tobago Dollar [TTD], or Convert Trinidad and Tobago Dollar to Gibraltar Pound.
How to Convert Gibraltar Pound to Trinidad And Tobago Dollar
1 GIP = 0.109243573473423 TTD
Example: convert 15 GIP to TTD:
15 GIP = 15 × 0.109243573473423 TTD = 1.63865360210135 TTD
Gibraltar Pound to Trinidad And Tobago Dollar Conversion Table
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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.
Trinidad And Tobago Dollar
The Trinidad and Tobago Dollar (TTD) is the official currency of Trinidad and Tobago, used for all monetary transactions within the country.
History/Origin
The Trinidad and Tobago Dollar was introduced in 1964, replacing the Trinidad and Tobago pound at a rate of 1 dollar = 1 pound. It was decimalized in 1969, aligning with international standards.
Current Use
The TTD is widely used in everyday transactions, banking, and trade within Trinidad and Tobago. It is also accepted in some neighboring regions and is managed by the Central Bank of Trinidad and Tobago.