Convert Gibraltar Pound to Seychellois Rupee
Please provide values below to convert Gibraltar Pound [GIP] to Seychellois Rupee [SCR], or Convert Seychellois Rupee to Gibraltar Pound.
How to Convert Gibraltar Pound to Seychellois Rupee
1 GIP = 0.0510059253134904 SCR
Example: convert 15 GIP to SCR:
15 GIP = 15 × 0.0510059253134904 SCR = 0.765088879702356 SCR
Gibraltar Pound to Seychellois Rupee Conversion Table
| Gibraltar Pound | Seychellois 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.
Seychellois Rupee
The Seychellois Rupee (SCR) is the official currency of Seychelles, used for all monetary transactions within the country.
History/Origin
The Seychellois Rupee was introduced in 1914, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency, including decimalization in 1983.
Current Use
The SCR is widely used in Seychelles for everyday transactions, banking, and trade, and is managed by the Central Bank of Seychelles.