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Gibraltar pound

Gibraltar pound
ISO 4217
CodeGIP (numeric: 292)
Subunit0.01
Unit
PluralPounds
Symbol£
Denominations
Subunit
1100Penny
Plural
 PennyPence
Symbol
 Pennyp
Banknotes
 Freq. used£5, £10, £20, £50
 Rarely used£100
Coins1p, 2p, 5p, 10p, 20p, 50p,
£1, £2, £5
Demographics
Official user(s) Gibraltar (alongside sterling)
Unofficial user(s) La Línea, Spain (local businesses)[1]
Issuance
GovernmentGovernment of Gibraltar
 Websitewww.gibraltar.gov.gi
Valuation
Inflation2.0% (2013 est.)
 Source[1]
Pegged withsterling at par

The pound (sign: £; ISO code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – British pound sterling at par value. Coins and banknotes of the Gibraltar pound are issued by the Government of Gibraltar.[2]

  1. ^ "Comercios de La Línea aceptan el pago en libras". ELMUNDO. 6 November 2017.
  2. ^ "GIP". Investopedia.com. Retrieved 19 January 2015.

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