Convert Solomon Islands Dollar to Gibraltar Pound
Please provide values below to convert Solomon Islands Dollar [SBD] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Gibraltar Pound
1 SBD = 11.1312981223828 GIP
Example: convert 15 SBD to GIP:
15 SBD = 15 × 11.1312981223828 GIP = 166.969471835742 GIP
Solomon Islands Dollar to Gibraltar Pound Conversion Table
| Solomon Islands Dollar | Gibraltar Pound |
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Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.
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.