Convert Gibraltar Pound to Mauritian Rupee
Please provide values below to convert Gibraltar Pound [GIP] to Mauritian Rupee [MUR], or Convert Mauritian Rupee to Gibraltar Pound.
How to Convert Gibraltar Pound to Mauritian Rupee
1 GIP = 0.0162870820976301 MUR
Example: convert 15 GIP to MUR:
15 GIP = 15 × 0.0162870820976301 MUR = 0.244306231464451 MUR
Gibraltar Pound to Mauritian Rupee Conversion Table
| Gibraltar Pound | Mauritian Rupee |
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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.
Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.