Convert Gibraltar Pound to Nepalese Rupee
Please provide values below to convert Gibraltar Pound [GIP] to Nepalese Rupee [NPR], or Convert Nepalese Rupee to Gibraltar Pound.
How to Convert Gibraltar Pound to Nepalese Rupee
1 GIP = 0.00535620228400099 NPR
Example: convert 15 GIP to NPR:
15 GIP = 15 × 0.00535620228400099 NPR = 0.0803430342600149 NPR
Gibraltar Pound to Nepalese Rupee Conversion Table
Gibraltar Pound | Nepalese 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.
Nepalese Rupee
The Nepalese Rupee (NPR) is the official currency of Nepal, issued and regulated by the Nepal Rastra Bank.
History/Origin
The Nepalese Rupee was introduced in 1932, replacing the Indian Rupee, and has since undergone various reforms and decimalization to modernize its currency system.
Current Use
Today, the NPR is widely used across Nepal for all transactions, with banknotes and coins circulating throughout the country and some neighboring regions.