Convert Gibraltar Pound to Ukrainian Hryvnia
Please provide values below to convert Gibraltar Pound [GIP] to Ukrainian Hryvnia [UAH], or Convert Ukrainian Hryvnia to Gibraltar Pound.
How to Convert Gibraltar Pound to Ukrainian Hryvnia
1 GIP = 0.0177192163620915 UAH
Example: convert 15 GIP to UAH:
15 GIP = 15 × 0.0177192163620915 UAH = 0.265788245431372 UAH
Gibraltar Pound to Ukrainian Hryvnia Conversion Table
| Gibraltar Pound | Ukrainian Hryvnia |
|---|
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.
Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.