Convert Colombian Peso to Gibraltar Pound
Please provide values below to convert Colombian Peso [COP] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Colombian Peso.
How to Convert Colombian Peso to Gibraltar Pound
1 COP = 5445.66364987167 GIP
Example: convert 15 COP to GIP:
15 COP = 15 × 5445.66364987167 GIP = 81684.9547480751 GIP
Colombian Peso to Gibraltar Pound Conversion Table
| Colombian Peso | Gibraltar Pound |
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Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.
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.