1 GIP = 12.4757 MAD
To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.
- Country of Circulation: Gibraltar
- Currency Code, Symbol, символ: GIP, £
- Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2, £5
- Denominations of banknotes in circulation: £5, £10, £20, £50
- History:
The Gibraltar pound (sign £, code GIP) is a sovereign currency of Gibraltar. The currency is also known as the livre. It is used along with the British pound sterling at par.
Pennies are used as change for the Gibraltar pound. One GIP has 100 pennies. The currency became the main payment unit in 1898. Every 2 years, the Gibraltar’s Mint manufactures a 2-pound coin with a new design. There are coins telling a story of a well-known myth – 12 labors of Heracles.
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- Country of Circulation: Morocco
- Currency Code, Symbol, символ: MAD, DH
- Denominations of coins in circulation: 1⁄2, 1, 5 & 10 dirhams
- Denominations of banknotes in circulation: 20, 50, 100 & 200 dirhams
- History:
The Moroccan dirham (sign DH, code MAD) is the national currency of the Kingdom of Morocco. The currency is not used in other countries. Centimes are used as change for the Moroccan dirham.
Every MAD has 100 centimes. The currency first appeared in 1961. It came as a replacement for the outdated currency of the Moroccan franc. The currency stands out with its stable rate. According to the law of the Kingdom of Morocco, it is illegal to export more than 500 dirhams without the government’s approval.
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Popular amounts
Historical data of the 1 Gibraltar Pound to the Moroccan Dirham exchange rate
1 GIP to MAD chart
FAQ
Convert from Gibraltar Pound (GIP) to Moroccan Dirham (MAD)
The exchange rate of the Gibraltar Pound to the Moroccan Dirham today, 2024-05-12 is 12.4757 MAD per Gibraltar Pound. Enter the amount of the Gibraltar Pound you need to convert, and you will instantly receive its value in Moroccan Dirhams at the live exchange rates.The GIP to the MAD converter
With the GIP to the MAD currency converter, you can exchange any amount of GIP for MAD online. To do this, enter the number of Gibraltar Pounds you need to recalculate into the appropriate input field. If, on the contrary, you need to calculate the price of a certain amount of Moroccan Dirhams into Gibraltar Pounds, click on the stele icon in the converter.What are the dynamics of the Gibraltar Pound against the Moroccan Dirham for the last week?
The Gibraltar Pound exchange rate against the Moroccan Dirham has changed by -0.1847%.Fluctuations in exchange rates over the past 30 days
Over the past 30 days, the GIP to the MAD exchange rate has changed by -1.064%, from 12.3977 to 12.6896 MAD per Gibraltar Pound.
The quick conversions table shows the exchange for the GIP to MAD pair per popular amounts.