Gibraltar Pound to Bulgarian Lev

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.

The Bulgarian lev (international symbol: BNG, code: 975) is the national currency of Bulgaria. The lev is divided into 100 stotinki. Since 2002 the lev has been pegged to the euro at an exchange rate of 1.

95 lev for 1 euro. Bulgaria has not become part of the Eurozone so far and a complete transition to the European single currency has not yet taken place. The image of a lion on Bulgarian currency appeared in the 13th century. The first currency, called the “lion,” emerged in Bulgaria in 1879 and was in circulation in the country until 1952. The contemporary version appeared in 1999 after redenomination at a rate of 1000: 1.